The Impact of Political Change, Debt Servicing and Fiscal Deficits on Argentinian Budgetary Priorities
- 1 March 1987
- journal article
- Published by Emerald Publishing in Journal of Economic Studies
- Vol. 14 (3) , 23-40
- https://doi.org/10.1108/eb002646
Abstract
The turbulent world economic conditions of the 1970s and 1980s have required major adjustments within individual Third World countries. Two distinct responses were made by various governments: some reacted rather quickly with internal adjustment policies, while others borrowed heavily in order to finance high growth rates or at least to postpone economic contraction. Argentina is one of many countries that fall into the latter category.Keywords
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