000 | 01702naa a2200205uu 4500 | ||
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001 | 7121419333919 | ||
003 | OSt | ||
005 | 20190212105830.0 | ||
008 | 071214s2001 bl ||||gr |0|| 0 por d | ||
100 | 1 |
_aWISE, Carol _933358 |
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245 | 1 | 0 |
_aCurrency board da argentina : _bos laços que unem? |
260 |
_aSão Paulo : _bEditora 34, _cjul./set. 2001 |
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520 | 3 | _aAs the one Latin American emerging market country that has steadfastly adhered to a fixed exchange rate for more than a decade, this article examines the economic and political trade-offs that peso-dollar parity has entailed. In economic terms, the currency board has clearly fostered macroeconomic stability and fiscal prudence. Yet, the maintenance of a fixed currency regime in the context of volatile capital flows has also contributed to the steady appreciation of the peso over time. This trend, along with certain political deals (slow labor market reform and generous government transfers to the provinces) struck at the outset of the reform program, has greatly hampered the productivity and dynamism of the Argentine economy. The country's weak competitive position has been exacerbated by the Brazilian devaluation of 1999, and the lesson since then has how difficult it is to craft a political coalition to tackle the formidable microeconomic tasks now at hand | |
590 | _aRevista de Economia Política 2001 | ||
590 | _av. 21, n. 3(83) | ||
773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g21, 3 , p. 168-194 _dSão Paulo : Editora 34, jul./set. 2001 _xISSN 01013157 _w |
942 | _cS | ||
998 |
_a20071214 _b1933^b _cMariana |
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998 |
_a20140205 _b1556^b _ckarina |
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999 |
_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25332 _d25332 |
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041 | _apor |