Argentina vs. IMF. Why does Latam not need it and Argentina does? Guilty or symptom of failure?

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LA NACION

Published on Aug 27, 2023
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“In general, in Latin America, but not in Argentina, there is a flexible exchange rate, an independent Central Bank, freedom to obtain and exchange currencies at a single exchange rate and availability of financing in local and foreign currency,” Werner compares. “Argentina developed a level of social coverage and public services without the resources to maintain them,” he questions. “There are Latin American countries that did not solve their income and distribution problems, but achieved a more stable macroeconomy,” says Alejandro Werner in La Repregunta.

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