Rego, Juan C., "Growing with Debt: Strategies for Argentina", 1991

ua435

Argentina’s economic growth is seriously threatened by the service of the external debt, when this is compared with Argentina’s payment capacity. The difficulties in the accomplishment of the mentioned payments has caused the decrease of the value of the Argentine debt’s bonds in the secondary markets. This has carried on to the formulation of repurchase strategies of the debt, proposed by Fernandez (1987) and Rodriguez (1988, 1990), which are examined here. For this purpose a simple growth model type Harrod-Domar is coupled to the debt, which grows in function of the unpaid service. Meanwhile, the market price of the debt is governed by a behaviour equation, formulated by Rodriguez ( 1990). A resulting System Dynamics model, which continues a previous work (Rego 1988), permits to simulate alternative scenarios for the economic growth and debt management.

This is the whole item.

Date created
  • 1991
Type
Processing Activity License

ITEM CONTEXT

Part of

d1cfc0fcedb4f6334f34d1ca11dcf292

Scope and Contents
Part of

5d7e83a7ca6c4cd9ab0ccc8a805a7aa7

Scope and Contents
Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents
Collection

System Dynamic Society Records

Scope and Contents
Collecting area

Items