Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)

This article is the short but crucial history of four years of transition in a monetary and exchange-rate regime that culminated in 1933 with the final abandonment of the gold standard in Argentina. That process involved decisions made at critical junctures at which the government authorities had li...

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Main Authors:	Gerchunoff, Pablo, Machinea, José Luis
Format:	Texto
Language:	English
Published:	2016
Subjects:	POLITICA MONETARIA PATRON ORO HISTORIA ECONOMICA MONETARY POLICY GOLD STANDARD ECONOMIC HISTORY
Online Access:	http://hdl.handle.net/11362/40063
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spelling	oai-11362-400632020-03-06T16:50:27Z Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933) Gerchunoff, Pablo Machinea, José Luis POLITICA MONETARIA PATRON ORO HISTORIA ECONOMICA MONETARY POLICY GOLD STANDARD ECONOMIC HISTORY This article is the short but crucial history of four years of transition in a monetary and exchange-rate regime that culminated in 1933 with the final abandonment of the gold standard in Argentina. That process involved decisions made at critical junctures at which the government authorities had little time to deliberate and against which they had no analytical arsenal, no technical certainties and few political convictions. The objective of this study is to analyse those “decisions” at seven milestone moments, from the external shock of 1929 to the submission to Congress of a bill for the creation of the central bank and a currency control regime characterized by multiple exchange rates. The new regime that this reordering of the Argentine economy implied would remain in place, in one form or another, for at least a quarter of a century. 2016-04-20T16:51:13Z 2016-04-20T16:51:13Z 2015-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/40063 LC/G.2652-P 6 en CEPAL Review CEPAL Review 117 .pdf application/pdf 1929 ARGENTINA ARGENTINA 1933
institution	Cepal
collection	Cepal
language	English
topic	POLITICA MONETARIA PATRON ORO HISTORIA ECONOMICA MONETARY POLICY GOLD STANDARD ECONOMIC HISTORY
spellingShingle	POLITICA MONETARIA PATRON ORO HISTORIA ECONOMICA MONETARY POLICY GOLD STANDARD ECONOMIC HISTORY Gerchunoff, Pablo Machinea, José Luis Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
description	This article is the short but crucial history of four years of transition in a monetary and exchange-rate regime that culminated in 1933 with the final abandonment of the gold standard in Argentina. That process involved decisions made at critical junctures at which the government authorities had little time to deliberate and against which they had no analytical arsenal, no technical certainties and few political convictions. The objective of this study is to analyse those “decisions” at seven milestone moments, from the external shock of 1929 to the submission to Congress of a bill for the creation of the central bank and a currency control regime characterized by multiple exchange rates. The new regime that this reordering of the Argentine economy implied would remain in place, in one form or another, for at least a quarter of a century.
format	Texto
author	Gerchunoff, Pablo Machinea, José Luis
author_facet	Gerchunoff, Pablo Machinea, José Luis
author_sort	Gerchunoff, Pablo
title	Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
title_short	Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
title_full	Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
title_fullStr	Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
title_full_unstemmed	Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)
title_sort	going through the labyrinth: the political economy of argentina’s abandonment of the gold standard (1929-1933)
publishDate	2016
url	http://hdl.handle.net/11362/40063
work_keys_str_mv	AT gerchunoffpablo goingthroughthelabyrinththepoliticaleconomyofargentinasabandonmentofthegoldstandard19291933 AT machineajoseluis goingthroughthelabyrinththepoliticaleconomyofargentinasabandonmentofthegoldstandard19291933
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Going through the labyrinth: the political economy of Argentina’s abandonment of the gold standard (1929-1933)

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