Should Argentina drop peso for U.S. dollar?

"Absolutely not," says this says this week’s guest. Mark Sobel, U.S. Chairman at OMFIF and former U.S. representative to the IMF, explained, “dollarization is not the answer. What Argentina needs is a flexible exchange rate, not a trap with no exit.” Sobel joins Jay Sapsford to explore why Argentina keeps stumbling into crisis, the risks of Washington’s latest bailout, and why the peso still matters for the country’s future.

The Call is a series of live video conversations featuring expert guests from the U.S. Chamber's Global Intelligence Desk. Live access to The Call is a benefit to the Chamber’s members; however, we are pleased to provide recordings of the calls for wider viewing thereafter. Information on membership is available here.