Bibliographic Information

Argentina in the 20th century : an account of long-awaited growth

by Marie-Ange Véganzonès, with Carlos Winograd

(Development Centre studies, . Long-term growth series)

Development Centre of the Organisation for Economic Co-operation and Development, c1997

Other Title

L'Argentine au XXe siècle : chronique d'une croissance annoncée

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Note

Also published in French under the title: L'Argentine au XXe siècle : chronique d'une croissance annoncée

Includes bibliographical references (p. 261-275)

Description and Table of Contents

Description

How did Argentina fall from its rapid growth spiral at the beginning of the 20th century? This publication uses econometric analysis with the aim of identifying exactly when things began to go wrong and to correlate historical economic policies with these periods. It argues that overreaction to the effects of the Great Depression and the consequent turning inwards, reinforced in the 1940s, associated with a heavy emphasis on the state sector which effectively stifled private initiatve and investment, are largely responsible for this economic shift. The book suggests that it was only when such policies were definitively abandoned that the economy began to stablize and grow.

Table of Contents

  • Growth in Argentina - a history of contrasts
  • "traditional" growth factors
  • slowdown of total factor productivity
  • public finance - increasing state intervention in the economy
  • the productivity of government expenditure in question
  • currency, financial development and growth in an unstable environment.

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  • Development Centre studies

    Development Centre of the Organisation for Economic Co-operation and Development , [OECD Publications and Information Center distributor]

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