Publication |
2008.
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Summary/Abstract |
That was not the first time in its almost 200-year history that the Argentine Republic abruptly altered the vector of its development. The previous period of structural reform was in the 1990s, passing under the sign of neoliberalism. Over a number of years, the country served as an example of a "successful" transplantation of the principles of market fundamentalism and monetarism to Latin American soil, while the chief Argentine neoliberal - Economy Minister Domingo Cavallo - became Wall Street's favorite, according to the US media. The monetarist experiment in Argentina ended in a deep economic and sociopolitical crisis of 2001-02, which highlighted the pressing need for a change in the national development paradigm.
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