Argentina started the 20th Century as one of the richest ten country in the world. For a while its economic position in the world was comparable to that of, say, Germany today. It had a per capita income much higher than that of Japan and Italy and comparable to that of France. However, it ended the century on the eve of the largest default in history. How did this dramatiArgentina started the 20th Century as one of the richest ten country in the world. For a while its economic position in the world was comparable to that of, say, Germany today. It had a per capita income much higher than that of Japan and Italy and comparable to that of France. However, it ended the century on the eve of the largest default in history. How did this dramatic change come about? In this unusual book, not based on library research but mostly on first hand and direct observations, the author takes the reader through a fascinating ride through time. The reader is introduced to the concept of fiscal cycles and the economic landscape of this fascinating country. The book is written in a style that will make it accessible and interesting to a general reader. Praise for V. Tanzi's Book on Argentina. Vito Tanzi has done it again. This book combines an intriguing prose, full of anecdotes and rich personal memoirs of Vito's many trips to Argentina, with serious economic analysis from a first class economist. .Vito has come to understand very well Argentina's idiosyncrasy, institutions and the nature of the protracted fiscal problems, and explains how these have led over time to major macroeconomic volatility, stagnation, and repeated crises. This book is particularly useful for the general public . Domingo Cavallo, Former Finance Minister of Argentina > Vito Tanzi [book] is an invaluable document . of the dramatic fall of Argentina as the leading Latin American economy. .[show] .. the complicity of the IMF and of Argentine policy makers in the design of the disastrous fiscal policies that led to its huge debt default . It should be required reading for policy makers and for all those who love that wonderful country . Francisco Gil- Diaz, Former Finance Minister of Mexico > Explaining the reversals of economic fortunes in Argentina during the 20th century is a challenge for economists and social observers in general. After being one of most dynamic and vibrant economies in the late 19th century and early 20th century, ., the country started to travel a road of economic instability, stagnant and erratic growth and collapse of democracy. In this new and lucid book Vito Tanzi, drawing on 40 years of direct personal knowledge and field experience with Argentina, ..This book, . is a must reading for anyone interested in understanding the Argentina of today and yesterday. Highly recommended. Andres Solimano Regional Advisor UN-ECLAC. Former Country Director at the World Bank and Executive Director at the Inter-American Development Bank. > Tanzi helps us understand the Argentinean crisis, but also this unique country. This is not a book written only for economists. Francesco Giavazzi, Bocconi University, Milan Author: "For 27 years, Vito Tanzi was a senior staff member of the International Monetary Fund. He was the director of the Fiscal Affairs Department of the IMF. He also was an Undersecretary for Economy and Finance in the Italian Government. A professional economist with a PhD from Harvard, he is considered a leading expert in fiscal policy. The author of many books and hundreds of articles in professional journals, he has given a named "effect" to economics, the "Tanzi Effect." He has been a consultant to many international organizations including the United Nations, the World Bank, the European Commission, the European Central Bank, and the Inter-American Development Bank. In 1994 he was President of the International Institute of Public Finance of which he is now Honorary President."...
|Title||:||Argentina: An Economic Chronicle. How One of the Richest Countries in the World Lost Its Wealth|
|Number of Pages||:||164 Pages|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Argentina: An Economic Chronicle. How One of the Richest Countries in the World Lost Its Wealth Reviews
Argentina is one of the best case studies of macroeconomic catastrophe which is why it's so important to understand. Tanzi was an IMF economist. He's worked a million other places too, and outlines in layman's terms the dilemmas of the Argentina system and the effects of history, politics and culture. Reading this book will help anyone understand what's going on in Spain, Greece, even the US, and it's all in a short, sweet 150 page well-explained book. I've never found policy and economics so engaging and this book actually made me want to go back to get a masters in economics, or even a phd! Tanzi is delightfully objective--and also recounts his side trips to Patagonia, etc. which give you an idea of him as a person---and is definitely not an apologist for the IMF who he thinks botched it pretty badly and has major internal political probs. But he doesnt take the other side either, and feels the Perons pretty much set into motion the current debt-ridden system that exists today. He's a pure economist who primarily focuses on the facts which is why he's so interesting to read. There's no real agenda here, just an attempt to answer why and give Argentina a prognosis...not a very good one, sadly, but he's outlined expertly what all national economies face in the current global, neoliberal world and it's daunting. How do we maximize security and opportunity for the most people possible is the question, and the answers are maddeningly counterintuitive. What isn't counterintuitive is human nature and greed, ignorance of course, as well as the desire to sit back and live on credit for as long as possible and to only think short-term. Political systems are the biggest challenge as they dont communicate well about economics, which just creates one vicious cycle after another.