The Cost of Populism in Argentina, 2003-2015
DOI:
https://doi.org/10.30800/mises.2018.v0.965Keywords:
populism, Argentina, Kirchner administration, economic development, Latin AmericaAbstract
This paper studies the historical context, and economic and institutional impact of the Néstor Kirchner’s and Cristina Fernández de Kirchner’s presidencies (Kirchner-Kirchner administration) in Argentina. The effects of the major economic policies during their presidency are explained as well as the indices fall of the institutional quality. The challenges of stepping out of populism are also mentioned.
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References
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DE LA TORRE, C. Populism and the Politics of the Extraordinary in Latin America. Journal of Political Ideologies, v. 21, n.2, p. 121–139, 2016. Available at: <https://doi.org/10.1080/13569317.2016.1150137>. Acessed on: apr. 2018.
DELLA PAOLERA, G.; TAYLOR, A. M. Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability, 1880-1935. Chicago and London: University of Chicago Press, 2001.
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EDWARDS, S. Left Behind: Latin America and the False Promise of Populism. Chicago: Chicago University Press, 2010.
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LACOSTE, P. International capital flows in Argentina. In: Globalisation and monetary policy in emerging markets. Basel: Bank of International Settlements, 2005, p. 91–97.
OCAMPO, E. Entrampados en la Farsa: El Populismo y la Decadencia Argentina. Buenos Airers: Claridad, 2015.
OLSON, M. Power and Prosperity. New York: Basic Books, 2000.
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RODRIGUEZ BRAUN, C. The Values of Free Enterprise versus the New Populism in Latin America. The Independent Review, v. 17, n. 1, p. 19–34, 2012.
RODRIK, D. Is Populism Necessarily Bad Economics? AEA Papers and Proceedings, v. 108, p. 196–199, 2018. Available at: <https://doi.org/10.1257/pandp.20181122>. Acessed on: apr. 2018.
THOMAS, C.; CACHANOSKY, N. Argentina’s post-2001 economy and the 2014 default. The Quarterly Review of Economics and Finance, v. 60, p. 70–80, 2016. Available at: <https://doi.org/10.1016/j.qref.2015.08.002>. Acessed on: apr. 2018.
WEYLAND, K. Neoliberal Populism in Latin America and Eastern Europe. Comparative Politics, v. 31, n. 4, p. 379–401, 1999.
WEYLAND, K. Clarifying a Contested Concept: Populism in the Study of Latin American Politics. Comparative Politics, v. 34, n.1, p. 1–22, 2001.
WEYLAND, K. Latin American Neopopulism. Third World Quarterly, v. 24, n.6, p. 1095–1115, 2003. Available at: < ttps://doi.org/10.1080/01436590310001630080>. Acessed on: apr. 2018.
ACEMOGLU, D.; ROBINSON, J. A. Why Nations Fail: The Origins of Power, Prosperity and Poverty. New York: Crown Publishers, 2012.
BERNANKE, B. S., et. al.. Inflation Targeting: Lessons from the International Experience. Princeton and Oxford: Princeton University Press, 1999.
BRESSER PEREIRA, L.; DELL´ACQUA, F. Economic Populism versus Keynes: Reinterpreting Budget Deficit in Latin America. Journal of Post Keynesian Economics, v.14, n.1, 1991.
CACHANOSKY, N. El Deteorioro Económico de Argentina Durante el Gobierno Kirchner-Kirchner. In: ARQUEROS, C.; IRIARTE, A. (eds.). Chile y América Latina: Crisis de las Izquierdas del Siglo XXI. Chile: Instituto República and Instituto del Desarrollo, 2017a.
CACHANOSKY, N. Reflexiones Sobre la Economia Argentina. Buenos Aires: Instituto Acton Argentina, 2017b.
CACHANOSKY, N.; PADILLA, A. Latin American Populism in the 21st Century. SSRN Electronic Journal, 2018. Available at: <https://doi.org/10.2139/ssrn.3147096>. Acessed on: apr. 2018.
CACHANOSKY, N.; RAVIER, A. O. A Proposal of Monetary Reform for Argentina: Flexible Dollarization with Free Banking. Independent Review, v.19, n.3, p. 397–426, 2014.
CALVO, G. A. Fractured Liberalism: Argentina Under Martinez de Hoz. Economic Development and Cultural Change, v.34, n.3, p. 511–533, 1986.
CALVO, G. A.; MISHKIN, F. S. The Mirage of Exchange Rate Regimes for Emerging Market Countries. Journal of Economic Perspectives, v. 17, n.4, p. 99–118, 2003.
CORTÉS CONDE, R. The Political Economy of Argentina in the Twentieth Century. Cambridge: Cambridge University Press, 2008.
DE LA TORRE, C. Populism and the Politics of the Extraordinary in Latin America. Journal of Political Ideologies, v. 21, n.2, p. 121–139, 2016. Available at: <https://doi.org/10.1080/13569317.2016.1150137>. Acessed on: apr. 2018.
DELLA PAOLERA, G.; TAYLOR, A. M. Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability, 1880-1935. Chicago and London: University of Chicago Press, 2001.
DORNBUSCH, R.; EDWARDS, S. Macroeconomic Populism. Journal of Development Economics, v.32, p. 247–277, 1990.
EDWARDS, S. Left Behind: Latin America and the False Promise of Populism. Chicago: Chicago University Press, 2010.
GARCÍA HAMILTON, J. I. Por Qué Crecen los Paises. Buenos Aires: Editorial Sudamericana, 2006.
GERCHUNOFF, P.; ROCCHI, F.; ROSSI, G. Desorden y Progreso. Buenos Aires: Edhasa, 2008.
GRIER, K.; MAYNARD, N. The Economic Consequences of Hugo Chavez: A Synthetic Control Analysis. Journal of Economic Behavior & Organization, v. 125, p. 1–21, 2016. Available at: <https://doi.org/10.1016/j.jebo.2015.12.011>. Acessed on: apr. 2018.
GUIDO, P.; LAZZARI, G. Apuntes Sobre la Caída de la Economía Argentina: Se Puede Evitar todo Menos las Consecuencias. Libertas, v. 38, Mayo, p. 107–170, 2003.
HANKE, S. H. Why Argentina Did Not Have a Currency Board? Central Banking Journal, v. 18, n.3, p. 56–58, 2008.
HANKE, S. H.; SCHULER, K. A Monetary Constitution for Argentina. Cato Journal, v. 18, n.3, p. 405–419, 1999
HANKE, S. H.; SCHULER, K. What went wrong in Argentina? Central Banking Journal, v. 13, n.3, p. 43–48, 2002.
IRIGOIN, A. M. La Evolución Industrial en la Argentina. Libertas, octubre, 1984.
KAMINSKY, G.; MATI, A.; CHOUERI, N. Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility? Journal of the Latin American and Caribbean Economic Association, v.10, n. 1, p. 81–119, 2009.
KAUFMAN, R.R; STALLINGS, B. The Political Economy of Latin American Populism. In The Macroeconomics of Populism in Latin America. Chicago: University of Chicago Press, 1991, p. 15–43.
LACOSTE, P. International capital flows in Argentina. In: Globalisation and monetary policy in emerging markets. Basel: Bank of International Settlements, 2005, p. 91–97.
OCAMPO, E. Entrampados en la Farsa: El Populismo y la Decadencia Argentina. Buenos Airers: Claridad, 2015.
OLSON, M. Power and Prosperity. New York: Basic Books, 2000.
REDRADO, M. Sin Reservas: Un Límite al Poder Absoluto. Buenos Aires: Planeta, 2010.
RODE, M.; REVUELTA, J. The Wild Bunch! An empirical note on populism and economic institutions. Economics of Governance, v. 16, n.1, p. 73–96, 2015. Available at: <https://doi.org/10.1007/s10101-014-0154-5>. Acessed on: apr. 2018.
RODRIGUEZ BRAUN, C. The Values of Free Enterprise versus the New Populism in Latin America. The Independent Review, v. 17, n. 1, p. 19–34, 2012.
RODRIK, D. Is Populism Necessarily Bad Economics? AEA Papers and Proceedings, v. 108, p. 196–199, 2018. Available at: <https://doi.org/10.1257/pandp.20181122>. Acessed on: apr. 2018.
THOMAS, C.; CACHANOSKY, N. Argentina’s post-2001 economy and the 2014 default. The Quarterly Review of Economics and Finance, v. 60, p. 70–80, 2016. Available at: <https://doi.org/10.1016/j.qref.2015.08.002>. Acessed on: apr. 2018.
WEYLAND, K. Neoliberal Populism in Latin America and Eastern Europe. Comparative Politics, v. 31, n. 4, p. 379–401, 1999.
WEYLAND, K. Clarifying a Contested Concept: Populism in the Study of Latin American Politics. Comparative Politics, v. 34, n.1, p. 1–22, 2001.
WEYLAND, K. Latin American Neopopulism. Third World Quarterly, v. 24, n.6, p. 1095–1115, 2003. Available at: < ttps://doi.org/10.1080/01436590310001630080>. Acessed on: apr. 2018.
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Published
2018-11-02
How to Cite
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Cachanosky N. The Cost of Populism in Argentina, 2003-2015. MisesJournal [Internet]. 2018 Nov. 2 [cited 2024 Nov. 21];. Available from: https://revistamises.org.br/misesjournal/article/view/965
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Special Issue 2018