Working Paper

Argentina's lost decade


Abstract: Argentina suffered a depression in the 1980s that was as severe as the Great Depression experienced in the United States and Germany in the interwar period. Our paper examines this depression from the perspective of growth theory, taking total factor productivity as exogenous. The predictions of the growth model conform rather well with the observations during the lost decade years. ; Economic Research Working Paper 0107

Keywords: Financial crises - Latin America;

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Provider: Federal Reserve Bank of Dallas

Part of Series: Center for Latin America Working Papers

Publication Date: 2001

Number: 0401