Argentina's recovery and "excess" capital shallowing of the 1990s

"The paper examines Argentina's economic expansion in the 1990s through the lens of a parsimonious neoclassical growth model. The main finding is that investment remained considerably weaker than what the model would have predicted. The resulting excessive "capital shallowing" could be identified as a weakness of the rapid economic growth of the 1990s that may have played a role in Argentina℗s ultimate inability to escape the crisis that started to unfold towards the end of that decade. "--Federal Reserve Bank of Dallas web site.