The future looked bright for Argentina in the early twentieth century. It had already achieved high levels of income per capita and was moving away from authoritarian government towards a more open democracy. Unfortunately, Argentina never finished the transition. The turning point occurred in the 1930s when to stay in power, the Conservatives in the Pampas resorted to electoral fraud, which neither the legislative, executive, or judicial branches checked. The decade of unchecked electoral fraud led to the support for Juan Peron and subsequently to political and economic instability.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
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Length: Date of creation: Aug 2009 Date of revision: Handle: RePEc:nbr:nberwo:15209
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Find related papers by JEL classification: E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government K0 - Law and Economics - - General K11 - Law and Economics - - Basic Areas of Law - - - Property Law N16 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Latin America; Caribbean N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean N46 - Economic History - - Government, War, Law, and Regulation - - - Latin America; Caribbean O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean P48 - Economic Systems - - Other Economic Systems - - - Other Economic Systems: Political Economy; Legal Institutions;
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