The nature of Argentina's policy reforms during 1976-1981
Nogues, Julio J
Much of the existing literature on Argentina has emphasized the liberal nature of the economic reforms introduced during 1972-81. A major purpose of this paper is to present evidence that contradicts this interpretation. In particular, it emphasizes the implementation of pervasive government controls and argues that the intensity and instability of these controls resulted in historically high, short run fluctuations of relative prices for commodities and factors.
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