Evolution and revolution in the Argentine banking system under convertibility: the roles of crises and path dependence

We provide an analytical narrative of the political and economic causes and consequences of institutional changes in the Argentine banking system. We devote most of our attention to the privatization of the provincial banks. Our story differs from the prevailing wisdom in its stress on the key roles...

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Bibliographic Details
Main Authors: Alston, Lee J. 1951- (Author), Gallo, Andrés A. (Author)
Format: Book
Language:English
Published: Cambridge, Mass. NBER 2000
Series:NBER working paper series 8008
Subjects:
Online Access:Volltext
Summary:We provide an analytical narrative of the political and economic causes and consequences of institutional changes in the Argentine banking system. We devote most of our attention to the privatization of the provincial banks. Our story differs from the prevailing wisdom in its stress on the key roles played by convertibility and an independent Central Bank rather than the Fondo Fiduciario.
Physical Description:34 S. graph. Darst. 22 cm