Argentina's reliance on external financing is historic and results from decades of high inflation, fiscal deficits, currency devaluations and bouts of hyperinflation. Due to the limitations of the domestic capital markets, the government has sought a large share of its financing needs from foreign sources. By late 1999, Argentina's ability to tap foreign financial markets had been affected by a number of external shocks, the impending change in government...
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INFORMATION
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2000/01/01
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Fiche
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35895
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1
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1
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2010/07/01
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Disclosed
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Argentina introduces novel offerings - World Bank issues first Policy Based Guarantee
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Policy-Based Guarantee
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