Trouble with Argentina's economy
Published on: Sunday 05 May 2019
In 2018, Argentina experienced a currency crisis and stagflation. Annual inflation reached 47.6 percent, GDP fell by 2.5 percent, and unemployment and poverty increased. These indicators reflect chronic problems. Argentina's economy has shrunk in four out of the past seven years. And, for more than a decade, structural deficiencies have created tight constraints on the growth of real demand and prevented the economy from growing sustainably.
