Globalising Argentina: Globalisation in developing countries: The case of Argentina

In 1983, after seven years of the cruelest dictatorship that Argentineans had ever suffered, Mr. Raul Ricardo Alfonsin was elected president. With the hope of the new democracy, he and his advisers thought that negotiating the debt assumed by the military government would be an easy deal. “Our...

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Autor principal: Tarullo, Raquel
Otros Autores: https://orcid.org/0000-0003-2372-7571
Formato: Documento de trabajo publishedVersion
Lenguaje:Inglés
Publicado: University of London 2021
Materias:
Globalisation
Developing countries
Argentina
Acceso en línea:http://repositorio.unnoba.edu.ar:8080/xmlui/handle/23601/115
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Re DI Repositorio Digital UNNOBA de Universidad Nacional del Noroeste de la Provincia de Buenos Aires
id I103-R405-23601-115
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spelling I103-R405-23601-1152025-10-15T20:08:35Z Globalising Argentina: Globalisation in developing countries: The case of Argentina Tarullo, Raquel https://orcid.org/0000-0003-2372-7571 Globalisation Developing countries Argentina In 1983, after seven years of the cruelest dictatorship that Argentineans had ever suffered, Mr. Raul Ricardo Alfonsin was elected president. With the hope of the new democracy, he and his advisers thought that negotiating the debt assumed by the military government would be an easy deal. “Our return to democracy will help us to obtain better conditions in the rescheduling”, said Raul Prebisch in 1983 (Brandford and Kucinski, 1988: 117, my translation). Prebisch was the initiator of the United Nations Economic Commission For Latin America (ECLA, CEPAL in Spanish) and also an adviser to Alfonsin. But he was completely mistaken. In 1988, Alfonsin’s government was the target of a market kick managed by the financial sectors, which were against the government decision of stopping the payment of debt services. The dollar soared and inflation did as well. Six months before Alfonsin finished his term, with the inflation rate at 200 per cent, the peronist Carlos Saul Menem assumed the presidency with the popular promise of a production revolution. However, only a couple of months after that, an important manager of Bunge & Born, an important enterprise in Argentina which had been characterized as a symbol of the oligarchy by the peronists, was appointed as an Economy Minister, and Alvaro Alsogaray, president of the Conservative Party, and the embodiment of antiperonist liberalism, was called to advice Mr. Menem on the negotiation of the debt. (Jozami, 2000) As Jozami has suggested, the promise of Fil: Tarullo, Raquel. Universidad Nacional del Noreste de la Provincia de Buenos Aires. Instituto de Política y Gobierno; Argentina. Con referato 2021-04-21T16:20:33Z 2021-04-21T16:20:33Z 2002-01-11 info:eu-repo/semantics/workingPaper info:ar-repo/semantics/documento de trabajo info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/workingPaper info:ar-repo/semantics/documento de trabajo info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/workingPaper info:ar-repo/semantics/documento de trabajo info:eu-repo/semantics/publishedVersion Tarullo, R. (2002). Globalising Argentina Globalisation in developing countries: The case of Argentina. Goldsmiths College University of London http://repositorio.unnoba.edu.ar:8080/xmlui/handle/23601/115 eng info:eu-repo/grantAgreement/UNNOBA/SIB/0556/2019/AR. Junín (B) /Competencias digitales en la universidad y su impacto en las prácticas académicas y cívicas de estudiantes y profesores/CDUIPACEP info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/2.5/ar/ application/pdf application/pdf University of London Goldsmiths College
institution Universidad Nacional del Noroeste de la Provincia de Buenos Aires
institution_str I-103
repository_str R-405
collection Re DI Repositorio Digital UNNOBA
language Inglés
topic Globalisation
Developing countries
Argentina
spellingShingle Globalisation
Developing countries
Argentina
Tarullo, Raquel
Globalising Argentina: Globalisation in developing countries: The case of Argentina
topic_facet Globalisation
Developing countries
Argentina
description In 1983, after seven years of the cruelest dictatorship that Argentineans had ever suffered, Mr. Raul Ricardo Alfonsin was elected president. With the hope of the new democracy, he and his advisers thought that negotiating the debt assumed by the military government would be an easy deal. “Our return to democracy will help us to obtain better conditions in the rescheduling”, said Raul Prebisch in 1983 (Brandford and Kucinski, 1988: 117, my translation). Prebisch was the initiator of the United Nations Economic Commission For Latin America (ECLA, CEPAL in Spanish) and also an adviser to Alfonsin. But he was completely mistaken. In 1988, Alfonsin’s government was the target of a market kick managed by the financial sectors, which were against the government decision of stopping the payment of debt services. The dollar soared and inflation did as well. Six months before Alfonsin finished his term, with the inflation rate at 200 per cent, the peronist Carlos Saul Menem assumed the presidency with the popular promise of a production revolution. However, only a couple of months after that, an important manager of Bunge & Born, an important enterprise in Argentina which had been characterized as a symbol of the oligarchy by the peronists, was appointed as an Economy Minister, and Alvaro Alsogaray, president of the Conservative Party, and the embodiment of antiperonist liberalism, was called to advice Mr. Menem on the negotiation of the debt. (Jozami, 2000) As Jozami has suggested, the promise of
author2 https://orcid.org/0000-0003-2372-7571
author_facet https://orcid.org/0000-0003-2372-7571
Tarullo, Raquel
format Documento de trabajo
Documento de trabajo
publishedVersion
Documento de trabajo
Documento de trabajo
publishedVersion
Documento de trabajo
Documento de trabajo
publishedVersion
author Tarullo, Raquel
author_sort Tarullo, Raquel
title Globalising Argentina: Globalisation in developing countries: The case of Argentina
title_short Globalising Argentina: Globalisation in developing countries: The case of Argentina
title_full Globalising Argentina: Globalisation in developing countries: The case of Argentina
title_fullStr Globalising Argentina: Globalisation in developing countries: The case of Argentina
title_full_unstemmed Globalising Argentina: Globalisation in developing countries: The case of Argentina
title_sort globalising argentina: globalisation in developing countries: the case of argentina
publisher University of London
publishDate 2021
url http://repositorio.unnoba.edu.ar:8080/xmlui/handle/23601/115
work_keys_str_mv AT tarulloraquel globalisingargentinaglobalisationindevelopingcountriesthecaseofargentina
_version_ 1850060846412070912

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