Argentina's latest sovereign default on July 30th will add to the
government's challenges as its support wanes and social unrest rises amid
11igh inflation and falling real wages．Risks to political stability will be high．
Sovereign default did not prompt any immediate crisis，but it has scuppered
the governmentlS chances of re-gaining access to external finance，leaving the
country at continued risk of a balance—of-payments crisis．

Highlights 7

Political outlook 8

Economic policy outlook 9

Economic forecast 11

Annual data and forecast 15

Quarterly data 16

Monthly data 17

Annual trends charts 19

Quarterly trends charts 20

Monthly trends charts 21

Comparative economic indicators 22

Basic data 23

Political structure 24

Politics 25

Economy 28

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