On December 4, the Deputy Governor of the BCRA, Vladimir Werning, presented “Argentina 2025: once the black swan event has been overcome, the economic regime is reinforced once again: impact, monetary response, and financial normalization following the political-electoral shock on money demand” at the International Seminar of Investors LarrainVial AMI. The event took place in Buenos Aires.
AGENDA
1 | Economic progress: Stabilization, flexibility, and encouraging macroeconomic results
2 | Transitory shock: Hit to confidence and money demand due to expectations of an electoral black swan
3 | Financial normalization: Prompt normalization after the elections, with no adjustments to the program (a 100% political shock)
4 | Future opportunity: Popular mandate, structural reforms, access to the forex market, and re-monetization
