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Argentina: Staff Report for the 2005 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2005 Article IV Consultation highlights that Argentina’s economy has rebounded strongly from the financial crisis in late 2001. Reflecting buoyant domestic demand, real GDP grew close to 9 percent in both 2003 and 2004, bringing real output level back to the peak level achieved prior to the crisis. Growth has continued in the first quarter, and consumer and business confidence indicators remain at high levels. Inflation, however, has accelerated amid rising demand, increased capacity constraints, growing wage pressures, and monetary accommodation.

Suggested Citation

  • International Monetary Fund, 2005. "Argentina: Staff Report for the 2005 Article IV Consultation," IMF Staff Country Reports 2005/236, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/236
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18412
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    Cited by:

    1. David Rosnick & Mark Weisbrot, 2007. "Political Forecasting? The IMF's Flawed Growth Projections for Argentina and Venezuela," CEPR Reports and Issue Briefs 2007-10, Center for Economic and Policy Research (CEPR).
    2. Brause, Alexander, 2008. "Foreign exchange interventions in emerging market countries: New lessons from Argentina," W.E.P. - Würzburg Economic Papers 79, University of Würzburg, Department of Economics.

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