ASSESSMENTS
Argentina's Economic Sins Come Back to Bite
Dec 9, 2019 | 10:30 GMT
(Shutterstock/Simon Mayer)
Highlights
- The economic policies promised by Argentina's incoming leftist administration would add to the country's already excessive external and public sector debt levels.
- As a result, Buenos Aires is unlikely to reach a deal with the International Monetary Fund. That, in turn, could prevent an orderly debt restructuring and increase the risk of another default that could have ripple effects across the region.
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