UID:
edoccha_9958064333702883
Format:
1 online resource (71 pages)
ISBN:
1-4623-3841-0
,
1-4527-6063-2
,
1-280-97533-4
,
1-4527-9734-X
,
9786613746948
Series Statement:
IMF Staff Country Reports
Content:
In 1999, the economy of Argentina was affected owing to recession. More than half of the external account deficit was financed by net foreign direct investment. The public finances deteriorated in 1999, reflecting the impact of the recession on tax revenue, a weakening of tax compliance, a growing interest bill, and spending overruns at both the federal and the provincial government level. The banking system has weathered well the recession, and strong prudential defences that characterize the Argentine banking system have been maintained.
Note:
Bibliographic Level Mode of Issuance: Monograph
,
English
Additional Edition:
ISBN 1-4518-0131-9
Language:
English