The effects of the coronavirus will push Argentina’s economy into an even deeper recession and make
the government more tempted to unilaterally halt payments on its international bonds. While we think
that an amicably negotiated solution to Argentina’s debt crisis might result in recovery rates of 50% on
average, an increasingly likely disorderly default could reduce these rates to as low as 30%.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services