Foreign Banks and Political Sovereignty: The Case of Argentina

Wesley Marshall

Review of Political Economy, 2008, vol. 20, issue 3, 349-366

Abstract: This paper analyzes a seldom discussed aspect of Argentina's banking crisis of 2001-2002: the conflict that arose between foreign banks and the national government over the economic policies applied in response to the banking crisis. In particular, the paper will examine the foreign banks' strategy to dollarize the economy and to impede the national government's strategy of pesofication.

Date: 2008
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DOI: 10.1080/09538250802170392

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