Description

After Argentina s 2001/02 sovereign default crisis, its economy continued to produce headlines that drew global attention during the presidencies of the Kirchner couple (2003-2015): the sovereign debt restructuring; a heated conflict between the Government and the local agroindustry; Argentina s deleveraging for being excluded from international capital markets; a contentious expropriation to regain public control over the local energy corporation YPF; Argentina s enormous potential in the unconventional exploitation of fossil fuels; a non-transparent and arbitrary web of currency exchange controls and trade barriers; the return of rampant inflation; airbrushed official economic indicators; a juridical tug of war with holdout creditors which ended up in another sovereign default, and many more... This work connects the dots by offering a comprehensive and critical perspective on the economic policy of Kirchnersim, based on local source material and personal interviews with experts outside the Government. An exciting read in the field of political economy, which provides the knowledge to understand the roots of the economic problems which the current Macri administration is facing.