The Political Economy of Economic Reforms in Argentina
In 1989, Argentina entered a process of sweeping transformation of its economic institutions which provided for the (temporary) recovery of economic growth and the taming of inflation. The Argentine experience with market-oriented reforms has been regarded by the literature as a salient case of radical and 'unconstrained' reform. Yet, a closer scrutiny portrays that the building and maintenance of a pro-"reform coalition determined the pace, depth and characteristics of the 'new economic institutions'. The idiosyncrasies of Argentina's political institutions, in turn, conditioned this coalition-building strategy. The same idiosyncrasies were at play in the 2001/2002 collapse of the convertibility regime and ensuing social and political chaos.
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|Date of creation:||Mar 2002|
|Date of revision:||Mar 2002|
|Publication status:||Published in Policy Reform, Vol. 5, No. 2, 2002, pages 75-88|
|Contact details of provider:|| Postal: |
Web page: http://www.udesa.edu.ar
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