Abstract

PUYANA, Alicia  and  CONSTANTINO, Agostina. The Takeover of Soy and Dutch Disease In Argentina: An Agricultural Curse?. Prob. Des [online]. 2013, vol.44, n.175, pp.81-100. ISSN 0301-7036.

The consolidation of Argentina as a global producer and exporter of soy took off in the mid-1990s. However, in recent years, the evidence suggests that Argentina is suffering from the symptoms of "Dutch disease," which refers to the premature deterioration of agriculture and manufactures as a source of the gross domestic product and employment in the country. Some of these signs include appreciation of the real exchange rate (by maintaining a fixed exchange rate, the nation must deal with elevated inflation), and a falling commercial surplus. The objective of this work is therefore to clarify whether the economy of Argentina shows signs of "Dutch disease," a phenomenon attributable to the soy boom of the 1990s.

Keywords : dutch disease; Argentina; soy; productive structure; deindustrialization.