Can Argentina’s Experience Help Predict the Effects of a Potential Grexit?

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Series Details Vol.51, No.4, July-August 2016
Publication Date July 2016
ISSN 0020-5346
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This Intereconomics article is available for free at this page after an embargo period of two years. Reading it before then is possible via SpringerLink.In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example – both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis – one that goes beyond a mere commodity boom – there are important structural differences between the two countries, which still render a potential Grexit a very risky endeavour.

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Intereconomics: Archive
SpringerLink: Intereconomics
ESO: Background information: The Greek debt crisis: Key sources
ESO: Background information: Grexit back on the agenda again as Greek economy unravels

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