Some brief thoughts on Argentina's ongoing crisis and the IMF's role in it — Matias Vernengo

Argentina's peso depreciated significantly after the primary elections last month, with the clear victory of the opposition. The crisis has come full circle now with the re-imposition of capital controls, and with the default on domestic bonds, the latter a puzzling and clearly unnecessary measure, since it was in domestic currency (Standard & Poor's says it's a selective default, whatever that means, and Fitch called it a restricted default). So here a few things that might be useful to understand what is going on....

Naked Keynesianism — Hemlock for economics students
Some brief thoughts on Argentina's ongoing crisis and the IMF's role in it
Matias Vernengo | Associate Professor of Economics, Bucknell University