----------------- HES POSTING -----------------
Quite right Anil, the interesting thing among what you've said is that
Argentina had the experience back (with the pseudo currency board and all
the stuff) in the thirties. A year ago, if I recall right, DellaPaolera and
Taylor wrote a very interesting NBER paper about what went wrong at that
time (and this time?). From the last minute events it seems to me that they
are trying to fix things down there....we will see...
Ariel Viale
------------ FOOTER TO HES POSTING ------------
For information, send the message "info HES" to [log in to unmask]