OECD Economic Outlook, Volume 2019 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a series of focus notes on selected macroeconomic and structural issues, and a chapter summarising developments and providing projections for each individual country.
Argentina
The economy is in recession against the background of internal and external imbalances. Uncertainty about future policy priorities has triggered capital outflows and a strong currency depreciation. The resulting liquidity challenges have led to a re-profiling of short-term debt and the reinstatement of currency controls. Recent volatility is weighing on growth and increasing unemployment.
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