Dominguez, Kathryn M. (contributor); … - 2004
by many as a model of reform for emerging markets. Early in his Presidency, Carlos
Menem embarked on a bold set of …
capstone of the reform package was the Convertibility Plan, which was designed to
eliminate Argentina’s chronic inflation and …
government was able to lower the transfer payments to the provinces to help cover the
costs of the pension reform.
5
The …