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A Path to Ending Argentina’s Market Meltdown

By Arturo Porzecanski

Brazil’s 2002 crisis illuminates a way to calm investors, writes a longtime emerging markets economist.

Click here to read more about Argentina's presidential race.

The unexpectedly strong performance of the Alberto Fernández-Cristina Fernández de Kirchner (FF) ticket in the August 11 presidential primaries in Argentina has triggered a stampede out of the country’s currency, stocks and bonds. Unless the confidence of local and foreign investors is soon recovered, the market rout has the potential to induce runaway inflation, plunge the economy into a deep recession, and cut off...

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