State Reform Law
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State Reform Law
The state reform law ( es, Ley de reforma del estado) was sanctioned on August 17, 1989, in Argentina, during the presidency of Carlos Menem. It allowed the privatization of state enterprises, and the fusion or disbanding of state organizations.Romero, p. 289 It was proposed by the Justicialist Party The Justicialist Party ( es, Partido Justicialista, ; abbr. PJ) is a major political party in Argentina, and the largest branch within Peronism. Current president Alberto Fernández belongs to the Justicialist Party (and has, since 2021, served ... and got the support of the Union of the Democratic Centre. References Bibliography * {{Carlos Menem Presidency of Carlos Menem Argentine legislation 1989 in law ...
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Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ...
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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 ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Justicialist Party
The Justicialist Party ( es, Partido Justicialista, ; abbr. PJ) is a major political party in Argentina, and the largest branch within Peronism. Current president Alberto Fernández belongs to the Justicialist Party (and has, since 2021, served as its chairman), as well as former presidents Juan Perón, Héctor Cámpora, Raúl Alberto Lastiri, Isabel Perón, Carlos Menem, Ramón Puerta, Adolfo Rodríguez Saá, Eduardo Camaño, Eduardo Duhalde, Néstor Kirchner, and Cristina Fernández de Kirchner. Justicialists have been the largest party in Congress almost consistently since 1987. Founded by Juan Perón, it was previously called the Peronist Party after its founder. It is overall the largest party in Congress; however, this does not reflect the divisions within the party over the role of Kirchnerism, the left-wing populist faction of the party, which is opposed by the dissident Peronists (also known as Federal Peronism or Menemism), the conservative faction of the party. Hist ...
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Union Of The Democratic Centre (Argentina)
The Union of the Democratic Centre ( es, Unión del Centro Democrático, UCD or UCeDé) is a centre-right conservative-liberal and economically liberal political party in Argentina. It was founded in 1982 by Álvaro Alsogaray who unsuccessfully run in the 1983 and 1989 presidential elections, and represented the conservative elite, technocrats, and classical liberals. As of October 2020 the party doesn't count with legal recognition nationwide. History The leader of the party, Álvaro Alsogaray, was a national deputy for the City of Buenos Aires for sixteen consecutive years, between 1983 and 1999. In 1983 and 1989 he was a candidate for the presidency, and then appointed ad hoc presidential advisor to Carlos Menem. By 1989, the UceDé had emerged as the third political force nationwide, after the traditional major parties: the Justicialist Party (PJ) and the Radical Civic Union (UCR). Carlos Menem, an exponent of the growing pro-market wing within the formerly Peronist PJ, wo ...
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Presidency Of Carlos Menem
Carlos Menem was president of Argentina from 1989 to 1999. Economic policy When Menem began his presidency, there was a huge hyperinflation and recession. The first measure was a mandatory conversion of time deposits into government bonds. It generated more recession, but hyperinflation was lowered. Despite being a Peronist, Menem privatized several state-owned companies, such as telephones and airlines. One of the leading privatizations was YPF, engaged in the exploration and production of oil and gas. His fourth economy minister, Domingo Cavallo, deepened the neoliberal reforms. He proposed a Convertibility Plan that set a one-to-one fixed exchange rate between the Argentine peso and the US dollar. The law also limited public expenditures, but this was frequently ignored. A dramatic influx of foreign direct investment funds helped tame inflation (from 5,000% a year in 1989 to single digits by 1993) and improved long-stagnant productivity, though at the cost of considera ...
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Argentine Legislation
Argentines (mistakenly translated Argentineans in the past; in Spanish (masculine) or (feminine)) are people identified with the country of Argentina. This connection may be residential, legal, historical or cultural. For most Argentines, several (or all) of these connections exist and are collectively the source of their being ''Argentine''. Argentina is a multiethnic and multilingual society, home to people of various ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. As a result, Argentines do not equate their nationality with ethnicity, but with citizenship and allegiance to Argentina. Aside from the indigenous population, nearly all Argentines or their ancestors immigrated within the past five centuries. Among countries in the world that have received the most immigrants in modern history, Argentina, with 6.6 million, ranks second to the United States (27 million), and ahead of other immigr ...
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