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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| Format: | Article |
| Language: | Spanish |
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Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
2014-09-01
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| Series: | Íconos |
| Subjects: | |
| Online Access: | https://revistas.flacsoandes.edu.ec/iconos/article/view/1436 |
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| Summary: | 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. |
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| ISSN: | 1390-1249 2224-6983 |