메넴-까발로 경제개혁의 운용 현황과 과제

Abstract

Economic reforms that Peronist President Carlos Menem introduced in Argentina at his inauguration in 1989 have deepened since Domingo Cavallo held the rein of the programs in early 1991. His Convertibility Plan ultimately stabilized the once-volatile Argentine economy by building confidence in its predictability along with the policy elites' willingness to cut public expenditure. The consumer price index comes near seven

percent in 1993 as compared with 5,000 percent in 1989. Menem and Cavallo's reform measures have ranged from the privatization of public enterprises, more aggressive than in Mexico and Chile, the across-the-board deregulation of economic activities, a more efficient taxing system, the 'fiscal federalism,' the private pension system, and the liberalization of markets and trade.