A way out for Argentina

ARTICLE - The currency board cannot survive much longer. Ricardo Hausmann says it is time for a radical alternative.

From London edition of Financial Times, 30 October

It is almost too late to avoid a catastrophe in Argentina. The economy is in a tailspin, destroying jobs, tax revenues and political support. The government has been forced to default on commitments to its workers, pensioners and provincial governments in a valiant attempt to continue paying the public debt. Markets do not think

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