TOPIC: Tools » Institutions » National » Argentina » Dom. Policies
Category
articles
Date
2011
Actor
Blejer, Mario I., an...
Source
World Financial Revi...
Uploaded date
2012-03-07

Leaving the Euro: Lessons from Argentina

"Rumours of Eurozone break-up are mounting. This article argues that exiting a strong currency for a weak one poses almost unthinkable challenges, from the redenomination of contracts and the imposition of bank restrictions to the restructuring of external debt and limiting of capital mobility. Lessons from Argentina illustrate just how radical the changes would need to be." (Quoted from article)

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