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 The Financing of the Economy in the Post-Crisis Period


Christian GIANELLA Chef du Service économique pour le Cône Sud, Ambassade de France à Buenos Aires. Contact : christian.gianella@dgtresor.gouv.fr.
Leonardo PUPPETTO Conseiller financier, Ambassade de France à Buenos Aires. Contact : leonardo.puppetto@dgtresor.gouv.fr.

Fifteen years after its historical sovereign default, we describe structural factors weighting on economic growth in Argentina and analyse how they affect economic agents' ability to access financing. Notably, we show that a long track-record of uncertainties regarding the local currency generated an inefficient financial sector. We present the first measures implemented by the newly elected government and give a breadth to the economic perspectives.