A note on Argentina, Its crisis and the theory of Exchange Rate Determination

Argentina's crisis at the end of the twentieth century surprised economists. Argentina turned from a "Latin American miracle" to an unprecedented failure. This article looks into the crisis stressing the role of the exchange rate regime and emphasizes the overvaluation of the real exc...

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Detalles Bibliográficos
Autor principal: Féliz, Mariano
Formato: Artículo
Lenguaje:Inglés
Materias:
Acceso en línea:https://www.memoria.fahce.unlp.edu.ar/art_revistas/pr.8402/pr.8402.pdf
http://sedici.unlp.edu.ar/handle/10915/90786
10.1177/0486613406296929
Aporte de:Registro referencial: Solicitar el recurso aquí
Descripción
Sumario:Argentina's crisis at the end of the twentieth century surprised economists. Argentina turned from a "Latin American miracle" to an unprecedented failure. This article looks into the crisis stressing the role of the exchange rate regime and emphasizes the overvaluation of the real exchange rate as a part of capital?s strategy to decompose labor and restructure capital-labor relations. Argentina's crisis resulted from the combination of capital's strategic success and the recomposition of labor in the late nineties
Descripción Física:p.80-99
ISSN:ISSN 0486-6134