The boom and crisis of the Convertibility Plan in Argentina
Autor(a) principal: | |
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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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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 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
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 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
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 instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122481467129856 |