Abstract

DOYRAN, Mine Aysen. Argentine Development after the Financial Crisis. Prob. Des [online]. 2015, vol.46, n.180, pp.151-174. ISSN 0301-7036.

This article reviews the features of the economic recovery in Argentina following the 1999-2001 financial crisis and up through to the present. It examines the development alternatives presented by the presidencies of Duhalde and Kirchner as compared to Menem, looking at literature on Argentina published during this time period. This article ascertains that Kirchnerism is not a coherent mode of governance that has broken with neoliberalism, as the academic literature would claim, but rather a balancing act between the sovereign economic interests of Argentine corporations and the demands of the international financial system facing semi-peripheral economies in the web of global integration. Kirchnerism exposes the contradictions of a dependent economy with a history of instability.

Keywords : Economic growth; financial crisis; development strategy; economic policy; macroeconomic structure.