Current crisis is nothing new to Argentina

LETTER - Letter from Professor Steve Hanke published in the US edition of the Financial Times, 4 April.

Sir, Your editorial "Argentina on the edge" (March 27) recounts the obvious: abandoning the convertibility system and adopting a floating peso regime coupled with the pesofication of Argentina's economy has been a colossal flop. What you fail to mention is that the disastrous course followed by Argentina was the one endorsed in your editorial "Argentina's hope" (October 30 2001).

You go on to

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: