The boom and crisis of the Convertibility Plan in Argentina

Detalhes bibliográficos
Autor(a) principal: SALVIA,SEBASTÍAN PEDRO
Data de Publicação: 2015
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200325
Resumo: This article analyses the relationship between state policies and economy in Argentina 1991-2001. In 1991 the currency board regime named 'convertibility' was implemented, within the framework of important neoliberal reforms introduced by the State. These neoliberal reforms facilitated capitalist restructuring, characterized by a leap in productivity, investment and profits. Likewise, these reforms generated imbalances which, along with the changes in the world market conditions from 1998, led to the deepest crisis in Argentina's history. The inefficiency of state neoliberal policies in managing the crisis, based on fiscal adjustment to guarantee the continuity of external financing, led to an economic depression and a financial crash, sparking a mass rebellion and the end of convertibility.
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spelling The boom and crisis of the Convertibility Plan in ArgentinaArgentina1991-2001convertibilitystate policiescapital accumulationeconomic crisisThis article analyses the relationship between state policies and economy in Argentina 1991-2001. In 1991 the currency board regime named 'convertibility' was implemented, within the framework of important neoliberal reforms introduced by the State. These neoliberal reforms facilitated capitalist restructuring, characterized by a leap in productivity, investment and profits. Likewise, these reforms generated imbalances which, along with the changes in the world market conditions from 1998, led to the deepest crisis in Argentina's history. The inefficiency of state neoliberal policies in managing the crisis, based on fiscal adjustment to guarantee the continuity of external financing, led to an economic depression and a financial crash, sparking a mass rebellion and the end of convertibility.Centro de Economia Política2015-06-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200325Brazilian Journal of Political Economy v.35 n.2 2015reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572015v35n02a07info:eu-repo/semantics/openAccessSALVIA,SEBASTÍAN PEDROeng2015-06-23T00:00:00Zoai:scielo:S0101-31572015000200325Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2015-06-23T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv The boom and crisis of the Convertibility Plan in Argentina
title The boom and crisis of the Convertibility Plan in Argentina
spellingShingle The boom and crisis of the Convertibility Plan in Argentina
SALVIA,SEBASTÍAN PEDRO
Argentina
1991-2001
convertibility
state policies
capital accumulation
economic crisis
title_short The boom and crisis of the Convertibility Plan in Argentina
title_full The boom and crisis of the Convertibility Plan in Argentina
title_fullStr The boom and crisis of the Convertibility Plan in Argentina
title_full_unstemmed The boom and crisis of the Convertibility Plan in Argentina
title_sort The boom and crisis of the Convertibility Plan in Argentina
author SALVIA,SEBASTÍAN PEDRO
author_facet SALVIA,SEBASTÍAN PEDRO
author_role author
dc.contributor.author.fl_str_mv SALVIA,SEBASTÍAN PEDRO
dc.subject.por.fl_str_mv Argentina
1991-2001
convertibility
state policies
capital accumulation
economic crisis
topic Argentina
1991-2001
convertibility
state policies
capital accumulation
economic crisis
description This article analyses the relationship between state policies and economy in Argentina 1991-2001. In 1991 the currency board regime named 'convertibility' was implemented, within the framework of important neoliberal reforms introduced by the State. These neoliberal reforms facilitated capitalist restructuring, characterized by a leap in productivity, investment and profits. Likewise, these reforms generated imbalances which, along with the changes in the world market conditions from 1998, led to the deepest crisis in Argentina's history. The inefficiency of state neoliberal policies in managing the crisis, based on fiscal adjustment to guarantee the continuity of external financing, led to an economic depression and a financial crash, sparking a mass rebellion and the end of convertibility.
publishDate 2015
dc.date.none.fl_str_mv 2015-06-01
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dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200325
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572015000200325
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31572015v35n02a07
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dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.35 n.2 2015
reponame:Revista de Economia Política
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repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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