Measuring the "tailwind" in an emerging market economy: The case of Argentina

Arbeitspapier

This paper introduces an index that seeks to objectively measure the intensity of favorable external conditions that can lead to improved macroeconomic performance in Argentina. The country is a net exporter of commodities and a net importer of capital, therefore it benefits from rising prices in international commodity markets and the availability of low cost long-term capital. The index is partly based on the framework of "push" and "pull" factors developed in the early 1990s to explain international capital flows into emerging markets economies and my own experience as an international investment banker during the nineties.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Serie Documentos de Trabajo ; No. 600

Classification and Topics

• Classification: Wirtschaft
• Subject: tailwind ; push factors ; economic policy ; Argentina ; emerging markets

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ocampo, Emilio
• Event: Veröffentlichung
• (who): Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
• (where): Buenos Aires
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/163258
• Last update: 10.03.2025, 11:44 AM CET