Citation:
Di Tella, Rafael. "A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946-2002." Harvard Business School Teaching Note 716-009, July 2015. View Details|
Case HBS Case Collection October 2014 (Revised February 2017) A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946–2002 |
Abstract
The case describes Argentina's struggle to establish a credible monetary system under populist pressures and the recurrent use of exchange rate stabilization plans. It focuses on two episodes where there was "too little money" in the economy: during the hyperinflation episodes during the late 1980's—when money demand collapsed and the early 2000's when the supply of money collapsed under a hard currency peg.
Keywords: Debt crisis; hyperinflation; financial crisis; Inflation and Deflation; Currency Exchange Rate; Argentina;
Citation:
Di Tella, Rafael. "A Currency We Can Call Our Own: Populism, Banking Crises, and Exchange Rate Crises in Argentina, 1946–2002." Harvard Business School Case 715-019, October 2014. (Revised February 2017.)
