Argentina: a lost half century?

Ignacio Labaqui and Marcos Buscaglia

Chapter 11 in The Elgar Companion to the Economies of Latin America and the Caribbean, 2025, pp 258-269 from Edward Elgar Publishing

Abstract: Argentina underwent an astonishing economic transformation between the second half of the 19th century and the 1930s. Following the 1929 crash, Argentina's economic performance was negatively affected by political instability, policy volatility, and the adoption of corporatist economic regulations. Economic growth slowed down against the backdrop of recurrent economic crises. After the last military dictatorship (1976–1983) Argentina achieved remarkable political stability but failed to resume sustained growth, standing among the worst economic performers in Latin America. In this chapter, we argue that recurrent policy swings and the resilience of certain economic policies lie behind the country's economic stagnation of the past 50 years.

Keywords: Argentina; Politics; Development; Economic History; Financial Crises (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035317196
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