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"Argentina o dolarización", ou quand la monnaie revient à la souveraineté

Author

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  • Jérôme Blanc

    (TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Les circonstances d'un retournement historique survenu dans les rapports de l'économie à la société en Argentine au tournant de 2001-03 fournissent une illustration dramatique et exemplaire d'une thèse très simple : en matière de décisions souveraines, rien n'est irréversible, pas même les décisions conduisant à une disparition des outils de la souveraineté ; en matière historique, rien n'est réversible. C'est de cette combinaison de réversibilité souveraine et d'irréversibilité historique dont traite ce texte, sur la base d'un examen des débats relatifs à la dollarisation intégrale avant la grande crise argentine de 2001-03 et leur retraite rapide dans la foulée de cette crise. Après avoir repris les moments forts correspondant au choix de la caisse d'émission (1989-1991), aux propositions de dollarisation intégrale (1999-2001) et au retour de la souveraineté (2001-03), ce texte développe une double analyse relative à ce qui a pu se jouer durant ces trois à quatre années. A un premier niveau d'analyse, ce retournement est celui d'un triomphe sinon durable, du moins provisoire, de la souveraineté, en particulier dans sa dimension monétaire. A un second niveau, ce retournement signe l'échec d'un programme théorique économiste au sens où il exclut de son analyse la dimension politique de la monnaie et où il en infère des préceptes d'ingénierie économique insoutenables au plan politique.

Suggested Citation

  • Jérôme Blanc, 2014. ""Argentina o dolarización", ou quand la monnaie revient à la souveraineté," Post-Print halshs-01016336, HAL.
    • Handle: RePEc:hal:journl:halshs-01016336
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01016336
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    References listed on IDEAS

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