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Combining Price Stabilization with Trade and Financial Liberalization Policies: The Argentine Experience, 1976-1981

Published online by Cambridge University Press:  02 January 2018

Jan Peter Wogart
Jan Peter Wogart*
Affiliation:
World Bank, Washington, DC
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Extract

This article assesses the 1976-1981 price stabilization and restructuring program and its impact on major macro- and microeconomic variables in Argentina. More specifically, it concentrates on examining the attempt simultaneously to control inflation and to redirect the economy towards a more marketoriented structure with a rapidly changing combination of domestic and external economic measures. After discussing the objectives and implementation of the program, the development of major macroeconomic variables between 1976 and 1981 is briefly examined. Since several of the macrovariables give conflicting evidence, a more detailed analysis of the program's impact on agriculture and industry was undertaken, which stresses the need to differentiate among the various actors within the major subsectors of the economy.

Type
Research Article
Information
Journal of Interamerican Studies and World Affairs , Volume 25 , Issue 4: Special Issue: Economic Experiments in the Southern Cone, 1974-1982 , November 1983 , pp. 445 - 476
Copyright
Copyright © University of Miami 1983

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