A failed model of development: The Argentine experience (1989-2001)

  • Ernesto R. Gantman Universidad de Buenos Aires y Universidad de Belgrano
Keywords: neoliberalism, Argentina, economic development

Abstract

This paper analyses the model of development adopted by the Menem Administration in Argentina, when a deep structural adjustment was carried out in order to reduce the State’s burden upon the economy While the results involved important negative social effects, particularly in terms of rising unemployment and social inequality, the economy experimented high growth rates during the period. However, the massive accumulation of external indebtedness precipitated the model’s collapse in 2001.

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Author Biography

Ernesto R. Gantman, Universidad de Buenos Aires y Universidad de Belgrano
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Published
2012-10-08
How to Cite
Gantman E. R. (2012). A failed model of development: The Argentine experience (1989-2001). Cuadernos de Relaciones Laborales, 30(2), 327-354. https://doi.org/10.5209/rev_CRLA.2012.v30.n2.40204