1995 Argentine General Election
The Argentine general election of 1995 was held on 14 May. Voters chose both the President and their legislators and with a turnout of 82.1%. Background The Justicialist Party had been founded in 1945 by Juan Perón, largely on the promise of greater self-reliance, increased state ownership in the economy and a shift in national policy to benefit "the other half" of Argentine society. Taking office on Perón's ticket in 1989 amid the worst crisis in a hundred years, President Carlos Menem had begun the systematic sell-off of Argentina's array of State enterprises, which had produced nearly half the nation's goods and services. Following 18 months of very mixed results, in February 1991 Menem reached out to his Foreign Minister, Domingo Cavallo, whose experience as an economist included a brief but largely positive stint as the nation's Central Bank president in 1982. His introduction of a fixed exchange rate via his Convertibility Plan led to sharp drops in interest rates and infl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Menem Con Banda Presidencial (recortada)
Carlos Saúl Menem (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported Economic liberalism, economically liberal policies. He led Argentina as president during the 1990s and implemented a free market economic liberalization, liberalization. He served as President of the Justicialist Party for thirteen years (from 1990 to 2001 and again from 2001 to 2003), and his political approach became known as Federal Peronism. Born in Anillaco to a Syrian Argentines, Syrian family, Menem was raised as a Muslim,"Carlos Menem" ''Encyclopædia Britannica'' but later converted to Catholic Church, Roman Catholicism to pursue a political career. Menem became a Peronist during a visit to Buenos Aires. H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carlos Menem
Carlos Saúl Menem (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported economically liberal policies. He led Argentina as president during the 1990s and implemented a free market liberalization. He served as President of the Justicialist Party for thirteen years (from 1990 to 2001 and again from 2001 to 2003), and his political approach became known as Federal Peronism. Born in Anillaco to a Syrian family, Menem was raised as a Muslim,"Carlos Menem" ''Encyclopædia Britannica'' but later converted to to pursue a political career. Menem b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Argentine Currency Board
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. While it initially met with considerable success, the board's actions ultimately failed. In contrast to what most people think, this peg actually did not exist, except only in the first years of the plan. From then on, the government never needed to use the foreign exchange reserves of the country in the maintenance of the peg, except when the recession and the massive bank withdrawals started in 2000. Background For most of the period between 1975 and 1990, Argentina experienced hyperinflation (averaging 325% a year), poor or negative GDP growth, a severe lack of confidence in the national government and the Central Bank, and low levels of capital investment. After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 5,000% that year. GDP was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Central Bank Of Argentina
The Central Bank of the Argentine Republic ( es, Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers and within the framework of the policies established by the national government, monetary stability, financial stability, employment, and economic development with social equity. Establishment Established by six Acts of Congress enacted on May 28, 1935, the bank replaced Argentina's currency board, which had been in operation since 1899. Its first president was Ernesto Bosch, who served in that capacity from 1935 to 1945. The Central Bank's headquarters on San Martín Street (in the heart of Buenos Aires' financial district, known locally as the ''city''), was originally designed in 1872 by architects Henry Hunt and Hans Schroeder. Completed in 1876, the Italian Renaissance-inspired building i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Domingo Cavallo
Domingo Felipe Cavallo (born July 21, 1946) is an Argentine economist and politician. Between 1991 and 1996 he was Economic Ministry of Argentina during Carlos Menem presidency. He is known for implementing the ''Convertibility plan'', which established a pseudo-currency board with the dollar and allowed the dollar to be used for legal contracts. This brought the inflation rate down from over 1,300% in 1990 to less than 20% in 1992 and nearly to zero during the rest of the 1990s. He implemented pro-market reforms which included privatizations of state enterprises. Productivity per hour worked during his 5-years as minister of Menem increased by more than 100%. In 2001, he was Economic Ministry for nine months during the 1998–2002 Argentine great depression. During a bank run he implemented a restriction on cash withdrawing, known as ''corralito''. This was followed by riots and the fall of President Fernando de la Rúa. He is Doctor in Economic Sciences from the National ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Foreign Relations Of Argentina
This article deals with the diplomatic affairs, foreign policy and international relations of Argentina. At the political level, these matters are handled by the Ministry of Foreign Affairs, also known as the ''Cancillería'', which answers to the President. The current Minister of Foreign Affairs, since September 2021, is Chancellor (es: ''Canciller'') Santiago Cafiero. History From isolation to nationhood Owing to its geographical remoteness, local authorities in what is today Argentina developed an early sense of autonomy. Based largely on economic needs, during colonial times their pragmatism led to a flourishing unofficial market in smuggled goods, out of the then-small port of Buenos Aires, in blatant contravention of the Spanish mercantilist laws. With the Enlightened despotism of the late-eighteenth-century Bourbon kings and the creation of the Viceroyalty of the Río de la Plata in 1776, trade increased as the political importance of the port-city of Buenos ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Juan Perón
Juan Domingo Perón (, , ; 8 October 1895 – 1 July 1974) was an Argentine Army general and politician. After serving in several government positions, including Minister of Labour and Vice President of a military dictatorship, he was elected President of Argentina three times, serving from June 1946 to September 1955, when he was overthrown by the '' Revolución Libertadora'', and then from October 1973 until his death in July 1974. During his first presidential term (1946–1952), Perón was supported by his second wife, Eva Duarte ("Evita"): they were immensely popular among the Argentine working class. Perón's government invested heavily in public works, expanded social welfare, and forced employers to improve working conditions. Trade unions grew rapidly with his support and women's suffrage was granted with Eva's influence. On the other hand, dissidents were fired, exiled, arrested and tortured, and much of the press was closely controlled. Several high-profile war crimin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Liberal Party Of Corrientes
The Liberal Party of Corrientes ( es, Partido Liberal de Corrientes) is a liberal provincial political party in Corrientes Province, Argentina. Founded in 1856, it is the oldest political party in Argentina still active."Un siglo y medio del Partido Liberal" '''', 15 December 2006. Accessed 13 April 2009."El Partido Liberal celebra el 15 de diciembre 152 años de vida" '' [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Autonomist Party Of Corrientes
The Autonomist Party of Corrientes ( es, Partido Autonomista de Corrientes) is a liberal provincial political party in Corrientes Province, Argentina. History It is the claimed successor of the National Autonomist Party The National Autonomist Party ( es, Partido Autonomista Nacional; PAN) was the ruling political party of Argentina from 1874 to 1916. In 1880, Julio Argentino Roca assumed the presidency under the motto "peace and administration". History The ... in the Province of Corrientes. References Provincial political parties in Argentina {{Argentina-party-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Democratic Progressive Party (Argentina)
The Democratic Progressive Party () is a political party in Argentina, principally active in Santa Fe. History It was founded by Lisandro de la Torre Lisandro de la Torre (6 December 1868 – 5 January 1939) was an Argentine politician, born in Rosario, Santa Fe. He was considered as a model of ethics in politics. He was a national deputy and senator, a prominent polemicist, and founde ... at the Savoy Hotel in Buenos Aires on December 14, 1914. In the 1983 election, the Democratic Progressive Party made an alliance with the Socialist Democratic Party by proposing the Formula Martínez Raymonda - René Balestra, obtaining 0.32% of the vote, without obtaining parliamentary representation. References Provincial political parties in Argentina Political parties established in 1914 Conservative parties in Argentina 1914 establishments in Argentina {{Argentina-party-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Movement For Dignity And Independence
The Movement for Dignity and Independence ( es, Movimiento por la Dignidad y la Independencia), usually shortened as "MODIN", was an Argentine political party, led by the former ''Carapintada'' Aldo Rico. It became the third most voted party in the 1993 legislative elections. They ended in the fourth place the following year, during the elections for the 1994 constituent assembly. The party split up in 1995, and in 2010 changed its name to ''Partido del Campo Popular The People's Countryside Party (PCP) was an Argentinean political party founded in 2008. This party has been formed by the union of the Movement for Dignity and Independence (Modin, active in Buenos Aires and San Luis) founded by the carapintada ...''. References Defunct political parties in Argentina Political parties established in 1991 1991 establishments in Argentina Political parties disestablished in 2010 2010 disestablishments in Argentina {{Argentina-party-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |