Entrepreneurs, Convertibility, and Crisis: Between Dollarization and Devaluation?

The article debates Eduardo Basualdo’s text published in this magazine in March of 2002 regarding the crisis of the convertibility regime in Argentina. We discuss the conceptualization of business unity and conflict that this author locates in the privatizations of state companies. In particular, we...

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Detalhes bibliográficos
Autor: Salvia, Sebastián
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2014
País:Ecuador
Recursos:Facultad Latinoamericana de Ciencias Sociales
Repositório:Revista ICONOS
Idioma:espanhol
OAI Identifier:oai:iconos.flacsoandes.edu.ec:article/1436
Acesso em linha:https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/1436
Access Level:Acceso aberto
Palavra-chave:Argentina
Convertibilidad
Empresarios
Devaluación
Dolarización
Crisis
Convertibility
Entrepreneurs
Devaluation
Dollarization
Crisis.
Descrição
Resumo:The article debates Eduardo Basualdo’s text published in this magazine in March of 2002 regarding the crisis of the convertibility regime in Argentina. We discuss the conceptualization of business unity and conflict that this author locates in the privatizations of state companies. In particular, we question the conceptualization of business conflict as a polarization between two alternative solutions to convertibility –the devaluation of money and the dollarization of the economy. We show that the empirical evidence in favor of this thesis is scarce and that business unity and conflict were better yet related to the strength or the weakness of an accumulation strategy.