Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis

Autores
Sánchez, María Soledad
Año de publicación
2024
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Argentina began 2024 with the odd privilege of becoming the country with the highest inflation in the world. Although inflation has once again become a first-order global issue due to the impact on the prices of basic goods of the Covid-19 pandemic and the war in Ukraine, Argentinian inflation rates were well above the global and even regional average for the period (IMF 2023). Based on ongoing quantitative and qualitativeresearch, this paper reconstructs Argentina’s long history of inflation and the day-to-day strategies individuals and families have used to face it. In this context, the aim is to highlight the changes in saving and investment practices that have taken place over recent years. Rampant inflation spurred the search for new financial instruments among ordinary people, including those with little or no previous financial experience, who could now easily enter the market through any smartphone. Digital investments in cryptocurrencies and financial instruments such as stocks, bonds, and novel digital accounts linked to money market funds started to be part of the financial repertoires of many Argentines, making the ways to cope with inflation more complex.
Fil: Sánchez, María Soledad. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina
Materia
INFLATION
INVESTMENTS
DIGITALIZATION
ARGENTINA
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/243987
Acceder
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network_name_str CONICET Digital (CONICET)
spelling Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisisSánchez, María SoledadINFLATIONINVESTMENTSDIGITALIZATIONARGENTINAhttps://purl.org/becyt/ford/5.4https://purl.org/becyt/ford/5Argentina began 2024 with the odd privilege of becoming the country with the highest inflation in the world. Although inflation has once again become a first-order global issue due to the impact on the prices of basic goods of the Covid-19 pandemic and the war in Ukraine, Argentinian inflation rates were well above the global and even regional average for the period (IMF 2023). Based on ongoing quantitative and qualitativeresearch, this paper reconstructs Argentina’s long history of inflation and the day-to-day strategies individuals and families have used to face it. In this context, the aim is to highlight the changes in saving and investment practices that have taken place over recent years. Rampant inflation spurred the search for new financial instruments among ordinary people, including those with little or no previous financial experience, who could now easily enter the market through any smartphone. Digital investments in cryptocurrencies and financial instruments such as stocks, bonds, and novel digital accounts linked to money market funds started to be part of the financial repertoires of many Argentines, making the ways to cope with inflation more complex.Fil: Sánchez, María Soledad. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; ArgentinaMax Planck Institute for the Study of Societies2024-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/243987Sánchez, María Soledad; Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis; Max Planck Institute for the Study of Societies; Economic Sociology; 25; 3; 7-2024; 37-431871-3351CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://econsoc.mpifg.de/49440/25-3info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-10-22T11:13:42Zoai:ri.conicet.gov.ar:11336/243987instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-10-22 11:13:43.157CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
title Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
spellingShingle Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
Sánchez, María Soledad
INFLATION
INVESTMENTS
DIGITALIZATION
ARGENTINA
title_short Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
title_full Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
title_fullStr Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
title_full_unstemmed Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
title_sort Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis
dc.creator.none.fl_str_mv Sánchez, María Soledad
author Sánchez, María Soledad
author_facet Sánchez, María Soledad
author_role author
dc.subject.none.fl_str_mv INFLATION
INVESTMENTS
DIGITALIZATION
ARGENTINA
topic INFLATION
INVESTMENTS
DIGITALIZATION
ARGENTINA
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.4
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Argentina began 2024 with the odd privilege of becoming the country with the highest inflation in the world. Although inflation has once again become a first-order global issue due to the impact on the prices of basic goods of the Covid-19 pandemic and the war in Ukraine, Argentinian inflation rates were well above the global and even regional average for the period (IMF 2023). Based on ongoing quantitative and qualitativeresearch, this paper reconstructs Argentina’s long history of inflation and the day-to-day strategies individuals and families have used to face it. In this context, the aim is to highlight the changes in saving and investment practices that have taken place over recent years. Rampant inflation spurred the search for new financial instruments among ordinary people, including those with little or no previous financial experience, who could now easily enter the market through any smartphone. Digital investments in cryptocurrencies and financial instruments such as stocks, bonds, and novel digital accounts linked to money market funds started to be part of the financial repertoires of many Argentines, making the ways to cope with inflation more complex.
Fil: Sánchez, María Soledad. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina
description Argentina began 2024 with the odd privilege of becoming the country with the highest inflation in the world. Although inflation has once again become a first-order global issue due to the impact on the prices of basic goods of the Covid-19 pandemic and the war in Ukraine, Argentinian inflation rates were well above the global and even regional average for the period (IMF 2023). Based on ongoing quantitative and qualitativeresearch, this paper reconstructs Argentina’s long history of inflation and the day-to-day strategies individuals and families have used to face it. In this context, the aim is to highlight the changes in saving and investment practices that have taken place over recent years. Rampant inflation spurred the search for new financial instruments among ordinary people, including those with little or no previous financial experience, who could now easily enter the market through any smartphone. Digital investments in cryptocurrencies and financial instruments such as stocks, bonds, and novel digital accounts linked to money market funds started to be part of the financial repertoires of many Argentines, making the ways to cope with inflation more complex.
publishDate 2024
dc.date.none.fl_str_mv 2024-07
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/243987
Sánchez, María Soledad; Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis; Max Planck Institute for the Study of Societies; Economic Sociology; 25; 3; 7-2024; 37-43
1871-3351
CONICET Digital
CONICET
url http://hdl.handle.net/11336/243987
identifier_str_mv Sánchez, María Soledad; Facing inflation in times of digital finance: Monetary plurality and financial repertoires in the Argentinian crisis; Max Planck Institute for the Study of Societies; Economic Sociology; 25; 3; 7-2024; 37-43
1871-3351
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://econsoc.mpifg.de/49440/25-3
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Max Planck Institute for the Study of Societies
publisher.none.fl_str_mv Max Planck Institute for the Study of Societies
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 12.982451

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