MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION

This paper opposes to the institutional explanations for sudden reversals of expectations,as was the case in the Argentinean crisis 2001/2002, an analysis revealing a crisis of the trust setin national currency, so conceived as total social fact. Based on this multidimensional view(economic, politic...

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Autor principal: Pereira, Jaime Marques
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: Universidade de São Paulo. Escola de Artes, Ciência e Humanidades. PROLAM 2011
Materias:
Acceso en línea:http://www.revistas.usp.br/prolam/article/view/82478
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=br/br-047&d=article82478oai
Aporte de:
id I16-R122-article82478oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Inglés
topic América do Sul; Política econômica.
spellingShingle América do Sul; Política econômica.
Pereira, Jaime Marques
MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
topic_facet América do Sul; Política econômica.
description This paper opposes to the institutional explanations for sudden reversals of expectations,as was the case in the Argentinean crisis 2001/2002, an analysis revealing a crisis of the trust setin national currency, so conceived as total social fact. Based on this multidimensional view(economic, political and symbolic) of the money functions, we show that the systemic risk of thepublic debt results from the illusions fostered by new classical theory on promises of futureincome founding the political compromises sustaining the currency board monetary regime. Theresolution of this crisis has given room to a more distributive regime inspired in new-keynesiantheory but not to the elimination of this systemic risk. The conclusion points out in the presentcontext of world crisis the more general validity of this issue focusing the responsibility of neoquantitativetheory of money as a representation of economy performing collective action
format Artículo
publishedVersion
Artículo
publishedVersion
author Pereira, Jaime Marques
author_facet Pereira, Jaime Marques
author_sort Pereira, Jaime Marques
title MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
title_short MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
title_full MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
title_fullStr MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
title_full_unstemmed MONEY AS A TOTAL SOCIAL FACT IN ARGENTINEAN 2001/02 CRISIS AND IN ITS RESOLUTION
title_sort money as a total social fact in argentinean 2001/02 crisis and in its resolution
publisher Universidade de São Paulo. Escola de Artes, Ciência e Humanidades. PROLAM
publishDate 2011
url http://www.revistas.usp.br/prolam/article/view/82478
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=br/br-047&d=article82478oai
work_keys_str_mv AT pereirajaimemarques moneyasatotalsocialfactinargentinean200102crisisandinitsresolution
bdutipo_str Repositorios
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