The Argentine Financial Crisis: a Chronology of Events
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Alfredo Atanasof
INFORME DEL JEFE DE GABINETE DE MINISTROS D. ALFREDO NESTOR ATANASOF A LA HONORABLE CAMARA DE SENADORES DE LA NACION 2 de OCTUBRE de 2002 INFORME Nº 56 PODER EJECUTIVO NACIONAL PRESIDENTE DE LA NACIÓN Doctor Eduardo Alberto DUHALDE VICEPRESIDENTE DE LA NACIÓN JEFE DE GABINETE DE MINISTROS Señor Alfredo Néstor ATANASOF MINISTRO DEL INTERIOR Doctor Jorge MATZKIN MINISTRO DE RELACIONES EXTERIORES, COMERCIO INTERNACIONAL Y CULTO Doctor Carlos Federico RUCKAUF MINISTRO DE DEFENSA Doctor José Horacio JAUNARENA MINISTRO DE ECONOMÍA Licenciado Roberto LAVAGNA MINISTRO DE JUSTICIA, SEGURIDAD Y DERECHOS HUMANOS Doctor Juan José ALVAREZ MINISTRO DE EDUCACIÓN, CIENCIA Y TECNOLOGÍA Doctora Graciela GIANNETTASIO MINISTRO DE TRABAJO, EMPLEO Y SEGURIDAD SOCIAL Señora Graciela CAMAÑO MINISTRO DE SALUD Doctor Ginés GONZALEZ GARCIA MINISTRO DE DESARROLLO SOCIAL Licenciada Nélida DOGA MINISTRO DE LA PRODUCCIÓN A/C Licenciado Roberto LAVAGNA SECRETARIO GENERAL DE LA PRESIDENCIA DE LA NACIÓN Doctor Aníbal Domingo FERNANDEZ SECRETARIO LEGAL Y TÉCNICO Doctor Antonio ARCURI SECRETARIO DE INTELIGENCIA DE ESTADO Licenciado Miguel Ángel TOMA SECRETARIO DE CULTURA Señor Rubén STELLA SECRETARIO DE MEDIOS DE COMUNICACIÓN Doctor Carlos BEN SECRETARIO DE PROGRAMACIÓN PARA LA PREVENCIÓN DE LA DROGADICCIÓN Y LA LUCHA CONTRA EL NARCOTRÁFICO Doctor Willbur Ricardo GRINSON SECRETARIO DE TURISMO Y DEPORTE Señor Daniel Osvaldo SCIOLI ASESOR PRESIDENCIAL EN MATERIA DE OBRAS PÚBLICAS Escribano Hugo TOLEDO PODER LEGISLATIVO HONORABLE CAMARA DE SENADORES DE LA NACIÓN PRESIDENTE -
S-1098-0141-02-00004.Pdf
U504439 PROGRAMA NAC. UN1DAS P DES VISITOR CARD Vto. 20/JuUn KOFI ANNAN En caso de emergencia medica llamar a: In case of a medical emergency call: En cas d'urgence (de sante) appeler aux numero: In arztlichen Notfail rufen: UNITED NATIONS NACIONE u SEP - 8 1998 OFICINA DEL COORDINADOR RESIDENTS DE LAS ACTIVIDADES OPERACIONALES DEL SISTEMA DE IAS NACIONES UNIDAS lOSG/CENTRAt ESMERALDA 130-PISO 13a 1035 - BUENOS AIRES TEL.: 54-1-320-8700 CASILLA DE CORREO 2257 FAX: 54-1-320-8754 1000 - BUENOS AIRES 15 July 1998 INTERNET: [email protected] REF Mr. Secretary General: The UN Resident Coordinator and the Director of the United Nations Information Centre are honoured to welcome you to Buenos Aires and take this opportunity to wish you a most successful and fruitful official visit to Argentina. In the enclosed folder you will find all relevant information pertaining to your visit, which we hope could be useful during your stay in Buenos Aires. In case you need to contact us, we may be reached at the following numbers: Gilberto Flores Cellular: (15) 417-9347 Home: 775-1043 Angel Escudero de Paz Cellular: (15) 417-6946 Home: 815-4556 Sincerely yours, h>u rilberto Flores Angel Escudero de Paz UN Resident Coordinator UNIC Director Mr. Kofi Annan Secretary-General UNITED NATIONS SECRETARY-GENERAL'S VISIT TO ARGENTINA 15 TO 18 JULY 1998 LIST OF HOTEL ROOMS AT THE ALVEAR PALACE HOTEL AND CAR NUMBERS CONSIGNED TO THE DELEGATION NAME ROOM NO. CAR NO. MR. AND MRS. KOFI ANNAN 603 VIP 1 (*) MR. -
Las Relaciones Exteriores Del Gobierno De Eduardo Duhalde (2002-2003): Relaciones Con Estados Unidos
Ramírez, Gabriela; Sánchez, Leandro Las relaciones exteriores del gobierno de Eduardo Duhalde (2002-2003): Relaciones con Estados Unidos EN: A. Simonoff (Comp.) (2008). Informe sobre la política exterior argentina durante los gobiernos de Fernando de la Rúa y Eduardo Duhalde. La Plata : UNLP. Facultad de Ciencias Jurídicas y Sociales. Instituto de Relaciones Internacionales. pp. 54-58 Ramírez, G.; Sánchez, L (2008). Las relaciones exteriores del gobierno de Eduardo Duhalde (2002-2003) : Relaciones con Estados Unidos. EN: A. Simonoff (Comp.). Informe sobre la política exterior argentina durante los gobiernos de Fernando de la Rúa y Eduardo Duhalde. La Plata : UNLP. Facultad de Ciencias Jurídicas y Sociales. Instituto de Relaciones Internacionales. pp. 54-58. (Estudios e investigaciones ; 33). En Memoria Académica. Disponible en: http://www.memoria.fahce.unlp.edu.ar/libros/pm.1171/pm.1171.pdf Información adicional en www.memoria.fahce.unlp.edu.ar Esta obra está bajo una Licencia Creative Commons Atribución-NoComercial-CompartirIgual 4.0 Internacional https://creativecommons.org/licenses/by-nc-sa/4.0 Serie: Estudios e Investigaciones Nº 33 – Abril 2008 Informe sobre de la política exterior argentina durante los gobiernos de Fernando De la Rúa y Eduardo Duhalde Coordinador Alejandro Simonoff Colaboradores: Bárbara Bravi Maria Almendra Bossi Lucia Esposto Mariana Gallo Federico Gómez Agustina González Ceuninck Gabriela Ramírez Leandro Sánchez Marianela Serra Renzo Sosaya Gómez Maria Eugenia- Zamarreño Juan Pablo Zabala Victoria Zapata María -
El Opus Dei Entra En El Gobierno Argentino Con El Ministro Gustavo Beliz En Justicia
El Opus Dei entra en el Gobierno argentino con el Ministro Gustavo Beliz en Justicia Extrait du El Correo http://www.elcorreo.eu.org/El-Opus-Dei-entra-en-el-Gobierno-argentino-con-el-Ministro-Gustavo-Beliz-en -Justicia El Opus Dei entra en el Gobierno argentino con el Ministro Gustavo Beliz en Justicia - Empire et Résistance - Saint Siège - Date de mise en ligne : mercredi 21 mai 2003 Copyright © El Correo - Tous droits réservés Copyright © El Correo Page 1/16 El Opus Dei entra en el Gobierno argentino con el Ministro Gustavo Beliz en Justicia Los ministros de Néstor Kirchner presentan un favorable perfil que supera, en parte, la etapa menemista, duhaldista y del gobierno de Fernando de la Rúa. Hay, sin embargo, una discutible designación, la de Gustavo Béliz, ex ministro del Interior de Carlos Menem y que expresa a la secta franquista denominada Opus Dei, como lo demostró en aquella gestión. El presidente Néstor Kirchner, torpedeado por una clase política decadente, por banqueros mafiosos, el gobierno norteamericano a través del Consejo para las Américas, y otros grupos de poder, a los que se suma una parte importante de la prensa al servicio de intereses espurios, ha designado a sus ministros y principales colaboradores. Hay solo dos duhaldistas netos : José Pampurro (Defensa) y Aníbal Fernández (Interior). Ginés González García (Salud) y Roberto Lavagna (Economía y¨Producción) no puede incluírselos dentro del aparato duhaldista. Se trata de técnicos. González García es odiado por los laboratorios multinacionales por su ley de genéricos y a Lavagna, todos los grupos reaccionarios del establishment, incluido los diarios Ambito Financiero, Infobae, El Cronista -amigo del Opus Dei-, y la prensa menemista (Radio 10, Canal 9 TV) le atribuyen temerariamente ser un "populista" y "neokeynesiano". -
Private Investment Response to Neoliberal Reforms: Implications of the Argentine Case, 1989-1996
Private Investment Response to Neoliberal Reforms: Implications of the Argentine Case, 1989-1996 March 1997 Juan J. López Assistant Professor Department of Political Science The University of Illinois at Chicago 1007 West Harrison Street (M/C 276) Chicago, IL 60607-7137 Phone: (312) 413-3783 Fax: (312) 413-0440 E-mail: [email protected] Draft: comments welcome Prepared for delivery at the 1997 meeting of the Latin American Studies Association, Continental Plaza Hotel, Guadalajara, Mexico, April 17-19, 1997. 1 Introduction Warren Christopher, then the U.S. Secretary of State, in visit to Buenos Aires in February 1996 declared that Menem and Cavallo "had done in Argentina one of the great economic successes of the century."1 This is the official line in Argentina, echoed by fervent supporters of neoliberal economic reforms abroad. If one only looked at some official statistics on economic growth and investment, one might conclude that economically Argentina is doing wonderfully. Budget deficits have been significantly reduced.2 Since April 1991, after the Convertibility Plan, inflation has been kept at low levels. For the period 1990 to 1995, the annual average rate of GDP growth was 5 percent.3 Gross domestic investment grew at an average annual rate of 12 percent between 1990 and 1995.4 Yet a sober look at the data on the economic situation in Argentina raises serious doubts as to whether a solid foundation is being build in the country for sustainable economic growth. The economic growth since 1991 is to a large extent due to the influx of dollars from abroad and to the utilization of idle productive capacity that firms had.5 Unemployment and 1 Clarín, Edición Internacional, February 27 to March 14, 1996, p. -
Social Revolution Or Political Takeover? the Argentine Collapse of 2001 Reassessed*
Social Revolution or Political Takeover? The Argentine Collapse of 2001 Reassessed* Andrés Malamud** Abstract In 1995, the Peronist party held Argentina’s presidential office, a comfortable majority in both congressional chambers, and most provincial governorships and municipalities. In 2006, the political landscape looks exactly the same. However, between 2001 and 2002 the country arguably went through its most serious crisis ever, which led to massive popular uprisings, the early resignation of two presidents, and the largest debt default in international history. This article questions the widespread vision that sees the political collapse as a spontaneous and definite rupture with the past. Instead, it argues that the social revolt (a composite of cacerolazos, piquetes and asambleas) detonated in December 2001 was not only temporally and territorially limited, but also politically nurtured and institutionally bounded. Introduction In 1995, the Justicialista party held Argentina’s presidential office, a comfortable majority in both congressional chambers, and most provincial governorships and municipalities. In 2006, the political landscape looks exactly the same. However, between 2001 and 2002 the country arguably went through its most serious crisis ever, which led to massive popular uprisings, the early resignation of two presidents and the largest debt default in international history. This article questions a widespread vision that sees the collapse as a spontaneous and definite rupture with the past (for an exception see Levitsky and Murillo 2003). Instead, it argues that the social revolt detonated in December 2001 was not only temporally and territorially limited, but also politically nurtured and institutionally bounded. * A previous version of this article was delivered at the XXVI Latin American Studies Association Congress (LASA), San Juan, Puerto Rico, March 15-18, 2006. -
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eOtifr' I DEN'l? IAL CONFIDENT/At 7663 THE WH ITE HOUSE WASHI NGTON MEMORANDUM OF CONVERSATION SUBJECT: Meeting with President Carlos Menem of Argentina PARTICIPANTS: The President Nicholas Brady, Secretary of the Treasury John H. Sununu, Chief of Staff Brent Scowcroft, Assistant to the President for National Security Affairs Lawrence Eagleburger, Deputy Secretary of State Robert M. Gates, Assistant to the President and Deputy for National Security Affairs David C. Mulford, Under Secretary of Treasury for International Affairs Terence Todman, Ambassador to Argentina Bernard Aronson, Assistant Secretary of State for Inter-American Affairs Everett Ellis Briggs, Special Assistant to the President and Senior Director for Latin America and the Caribbean Carlos Menem, President of Argentina Domingo Cavallo, Foreign Minister of Argentina Guido Di Tella, Argentine Ambassador to the United States Nestor Rapanelli, Minister of Economy of Argentina Alberto Kohan, Chief of Staff to President Menem Humberto Toledo, Spokesman for President Menem DATE, TIME September 27, 1989, 11:50 a.m.-12:40 p.m. EST AND PLACE: The Cabinet Room The President received President Menem at 11:40 a.m. in the Oval Office, after which the two stopped briefly at the edge of the Rose Garden for a friendly exchange with the media pool before going to the Residence to meet Mrs. Bush. They returned to the Cabinet Room at noon for the formal meeting. The President: I wanted to show President Menem the White House and introduce Mrs. Bush to him. And I wanted our press to see for themselves the affection we feel for this president and friend. -
Argentina Postpones Plan to Create National Security Ministry LADB Staff
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by University of New Mexico University of New Mexico UNM Digital Repository NotiSur Latin America Digital Beat (LADB) 5-27-1994 Argentina Postpones Plan to Create National Security Ministry LADB Staff Follow this and additional works at: https://digitalrepository.unm.edu/notisur Recommended Citation LADB Staff. "Argentina Postpones Plan to Create National Security Ministry." (1994). https://digitalrepository.unm.edu/notisur/ 11499 This Article is brought to you for free and open access by the Latin America Digital Beat (LADB) at UNM Digital Repository. It has been accepted for inclusion in NotiSur by an authorized administrator of UNM Digital Repository. For more information, please contact [email protected]. LADB Article Id: 56755 ISSN: 1060-4189 Argentina Postpones Plan to Create National Security Ministry by LADB Staff Category/Department: Argentina Published: 1994-05-27 In mid-May, President Carlos Menem announced plans to create a new National Security Ministry to "combat delinquency, drug trafficking and terrorism." The nature of the new ministry, and the timing of the announcement, however, led to charges that the move was essentially a maneuver executed by Menem's powerful Economy Minister, Domingo Cavallo. Critics assailed the proposal, suggesting that creation of the new ministry was actually aimed at controlling social unrest leading up to the 1995 presidential elections. The ensuing cabinet crisis was the worst Menem has faced in the last three years. The crisis unfolded in the days just prior to inauguration of a new Constituent Assembly, which will consider, among other things, a change in the Constitution to allow Menem to run for reelection in 1995. -
Neoliberal Policies Vs. Democracy Diferent Disciplinary Assumptions
Judith A. Teichman. The Politics of Freeing Markets in Latin America: Chile, Argentina, and Mexico. Chapel Hill and London: University of North Carolina Press, 2001. xv + 273 pp. $55.00, cloth, ISBN 978-0-8078-4959-0. Reviewed by Marc Becker Published on H-LatAm (January, 2002) Neoliberal Policies vs. Democracy different disciplinary assumptions. Teichman, Based on the case studies of Chile, Argentina, professor of political science at the University of and Mexico, Judith Teichman argues that electoral Toronto, blames the failure of reform in Latin democracy allows for broader societal input into America on an "Iberian legacy of clientelism, cor‐ the nature of neoliberal reforms in Latin America poratism, and patrimonialism" (p. 10). My gradu‐ (p. 9). The recent collapse of Fernando de la Rua's ate school training in history was deeply ground‐ government in Argentina on December 20, 2001, ed in a dependency theory approach that found in the face of a "social explosion," however, se‐ such a critique to be antiquated and perhaps even verely challenges this argument. Although carried racist, preferring instead to place blame for out under a functioning electoral democracy, poverty in Latin America at the feet of an indus‐ Economy Minister Domingo Cavallo's austerity trial core that held the region at the periphery of measures which were intended to win support economic development. Teichman fails to critique from the International Monetary Fund (IMF) and the assumptions of corporatism and never failed to take into account the needs of the vast presents alternative perspectives to this hypothe‐ majority of people in Argentina. -
Argentina's Quarter Century Experiment with Neoliberalism
P. Cooney – Argentina‘s Quarter Century Experiment with Neoliberalism... 7 ARGENTINA’s QuARTER CENTURY EXPERIMENT WITH NEOLIBERALISM: FROM DICTATORSHIP TO DEPRESSION* Paul Cooney** ABSTRACT Argentina set a new historical mark in 2002, having experienced the largest debt default by any country ever. In order to understand how Argentina could go from one of the most developed countries of the Third World, to experi- encing the crisis of 2001 and then enter a depression in 2002 with over half the population living in poverty, requires an evaluation of the last quarter century of economic policies in Argentina. The shift toward neoliberalism began during the dictatorship of 1976, deepened during the Menem administration, and was sup- ported throughout by the IMF. This paper aims to identify why the crisis occurred when it did, but also to understand how the underlying shifts in the political econ- omy of Argentina over more than two decades led to two waves of deindustrializa- tion, an explosion of foreign debt and such a marked decline in the standard of living for the majority of Argentinians. Key words: neoliberalism, development, foreign debt, IMF JEL Code: O10, F02, F33, F34 * Article received on August 29, 2005, and approved on September 19, 2006. ** Núcleo de Pesquisa Econômica (NUPEC), Programa de Pós-Graduação em Economia (PPGE), Uni- versidade Federal do Pará (UFPA), e-mail: [email protected] R. Econ. contemp., Rio de Janeiro, 11(1): 7-37, jan./abr. 2007 7 8 R. Econ. contemp., Rio de Janeiro, 11(1): 7-37, jan./abr. 2007 EXPERIMENTO DE UM QUARTO DE SÉCULO DE NEOLIBERALISMO NA ARGENTINA: da DITadURA À DEPRESSÃO RESUMO Em 2002, a Argentina atingiu um novo marco histórico, ao experimentar o maior default da dívida externa, não somente pela sua própria história, mas tam- bém do mundo. -
Presidents Versus Federalism in the National Legislative Process
Presidents versus Federalism in the National Legislative Process The Argentine Senate in Comparative Perspective Hirokazu Kikuchi IDE-JETRO Series Te Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) series explores the economic issues faced in developing regions globally, providing new research and analysis of these economies, with the aim of creating a more comprehensive understanding of the issues and conditions they are experiencing. With a wide range of volumes cover- ing key economic issues in developing economies, as well as examining the challenges faced as East Asia continues to integrate, the titles in this series are essential companions for academics and policymakers interested in cut- ting-edge research and analysis of developing economies. More information about this series at http://www.palgrave.com/gp/series/14861 Hirokazu Kikuchi Presidents versus Federalism in the National Legislative Process The Argentine Senate in Comparative Perspective Hirokazu Kikuchi Institute of Developing Economies Japan External Trade Organization Chiba, Japan IDE-JETRO Series ISBN 978-3-319-90112-1 ISBN 978-3-319-90113-8 (eBook) https://doi.org/10.1007/978-3-319-90113-8 Library of Congress Control Number: 2018942211 © Te Editor(s) (if applicable) and Te Author(s) 2018, corrected publication 2018 Tis work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifcally the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microflms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. -
World Bank Document
/4azfl THE WORLD BANK ECONOMIC REVIEW, VOL. 4, NO. 1: 55-79 FILE CO!PY""/J Effects of Macroeconomic Policies on Sectoral Prices Public Disclosure Authorized Yair Mundlak, Domingo Cavallo, and Roberto Domenech The effect of macroeconomicpolicies on the relativeprices of internationallytraded and domesticgoods has beetnthe subjectof extensivestudy. Analysisof the way in which these policiesthen affect pricesat the sectorallevel is complicatedby the heterogeneityof sectoralproduction: even the pricesof singleproducts usually are determinedby both domesticand tradedcomponents. We present a frameworkwhich first tracesthe influenceof macropolicyon the relativeprices of exports,imports, and homegoods. It then accountsfor eachsector's degree of "tradability,"which is based on the importanceof tradein sectoralincome, and the influenceof macroeconomic policy on sectoralprices. To illustratethe use of this approach,it is applied to a simulationof tradeliberalization in Argentina.Our resultssuggest that economywide policieshad substantial negativeeffects on both the real exchangerate and the Public Disclosure Authorized incentivesto agriculturalexports. In an open economy, the prices of tradable products are determined by world prices, nominal exchange rates, and taxes. The prices of products which are not tradable are determined by domestic supply and demand, which are them- selves influenced by the actions and policies of the government. Some very important economic decisions depend on the price of tradables relative to that of nontradables-the real exchange rate. We examine here the way in which broader government policies affect the real exchange rate, and through it, prices at the sectoral level. Analyses of the real exchange rate generally aggregate all production into Public Disclosure Authorized two sectors, tradables and nontradables. This aggregation simplifies the discus- sion and helps illuminate some important issues, but it has limited empirical relevance: there are no products which can be classified as purely tradables or nontradables.