The Political Economy of Economic Reforms in Argentina

Juliana Bambaci · Tamara Saront · Mariano Tommasi

81 citations0/0 files storedThe Journal of Policy Reform

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Economic Theory and Policy Politics and Society in Latin America Latin American socio-political dynamics

Abstract

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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References

1983American journal of political science 1994The Political economy of policy reform 2002Amateur Legislators -- Professional Politicians: The Consequences of Party-Centered Electoral Rules in a Federal System 2000Federalism and low-maintenance constituencies: Territorial dimensions of economic reform in Argentina 1994The Political Economy of Policy Reform 2000Fads and fashion in economic reforms: Washington Consensus or Washington Confusion?1996La política de liberalización económica en la administración de Menem 1997A Decade of Structural Reforms in Latin America: What Has Been Reformed and How to Measure It

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