Likelihood of a short-term, unilateral default was overblown by investors, as reform package minimizes deficit spending
The latest economic activity report shows Argentina's output declined during the 2015-2019 period
Estimates on GDP growth, inflation and the exchange rate have been consistently over-optimistic in the last decade
The bouncebacks from the ugly 1989 and 2001 crises took place under Peronist stewardship. Can the trick be repeated?
The Fund turned more pessimistic on growth, GDP and fiscal deficit, and gave more room for Central Bank intervention