ARGENTINE ECONOMY UNDER NEO-LIBERAL AND HETERODOX ECONOMIC POLICY
NEO-LİBERAL VE HETERODOKS POLİTİKALAR KAPSAMINDA ARJANTİN EKONOMİSİ

Author : Soner UYSAL
Number of pages : 549-563

Abstract

Neo-liberal policies are implemented by many countries especially since the 1980s. The results that Neo-liberal policies produce are an important topic of discussion in the economics literature. Hence, Argentina started to implement Neo-liberal policies heavily with the announcement of the Convertibility Plan to the public in 1991 and the performance of Argentina’s economy until the financial crisis of 2001 was perceived as a success of Neo-liberal policies and IMF. However, after the 2001 economic crisis, the results that Neo-liberal policies produce were again the subject of debate and after this period, Argentina started to implement Heterodox policies in which the government plays a central role in the economy. This study examined the impact of these two different policies on the Argentine economy. According to the findings, in 2002 and the period after that when the Heterodox policies were implemented, Argentine economy was on more solid basis comparing to the period of 1991 to 20

Keywords

Neo-liberal Economic Policy, Heterodox Economic Policy, Argentine Economy.

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