Our Chief Economic Advisor, Christopher Marsh, along with Karina Patrício Ferreira Lima, has been cited on their critique of the 2018 Stand-By Arrangement in the IMF’s Ex-Post Evaluation of Argentina’s Exceptional Access under the 2022 Extended Fund Facility.
This critical evaluation examines the challenges and lessons from Argentina’s 2022 EFF arrangement while reflecting on the 2018 Stand-By Arrangement. Key themes include the importance of enhancing program resilience to shocks, refining policy frameworks, and addressing long-term implications of lending strategies.
Chris’s research being featured in this important analysis underscores Exante Data’s commitment to delivering meaningful and impactful macroeconomic insights. Congratulations, Chris, on this well-deserved recognition!
📑 Check out Chris and Karina’s cited working paper
Chris has also published a new Substack today examining the progress in addressing Argentina’s central bank balance sheet. The failure to resolve this issue has been a major driver of macro-financial instability in recent years. This progress marks another success of the Milei government, albeit one that has received little recognition so far.
