Argentine legislative election, 1997
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Argentina held national legislative elections on 26 October 1997. This election was the second time of the
peronist Peronism, also called justicialism,. The Justicialist Party is the main Peronist party in Argentina, it derives its name from the concept of social justice., name=, group= is an Argentine political movement based on the ideas and legacy of Ar ...
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 ...
defeated since 1985, while Justicialist Party maintained control of the Congress.


Background

President
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. H ...
, who successfully campaigned to have the Argentine Constitution amended in 1994 largely for the sake of being eligible for a second term in office, won the 1995 election in a landslide. The clouds of recession gathered immediately, however, as Argentine business confidence struggled following the shock of the Mexican peso crisis. Unemployment in Argentina, already higher as a result of a wave of imports and sharp gains in productivity after 1990, leapt from 12% to 18% in the first half of 1995 and, as Argentines geared for the 1997 parliamentary mid-term elections two years later, the figure remained around 15% and wages, frozen at their 1994 level. Themselves beset by sharp divisions over how to confront President Menem, whose longtime pragmatism had given way to increasingly doctrinaire conservatism, the Justicialists' mainstay of support, the CGT labor union, joined smaller unions, leftist activists and the progressive FrePaSo (the runners-up in the 1995 elections) in a series of general strikes beginning August 1996. Economic problems also led to a sudden increase in crime, particularly property crime, even during the vigorous recovery during 1996–97. Menem's erstwhile "ace of spades," Economy Minister Domingo Cavallo, whose
Convertibility Plan 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 cons ...
was lauded as the reason behind the "Argentine miracle" between 1991 and 1994 (in which the economy, following 16 years of zero growth, expanded by a third), became unpopular during the recession and strained relations with the President after publicly denouncing the influence of "mafias" within the administration. Cavallo was acrimoniously dismissed by the President in July 1996; but the January 1997 murder of ''Noticias'' newsmagazine
photojournalist Photojournalism is journalism that uses images to tell a news story. It usually only refers to still images, but can also refer to video used in broadcast journalism. Photojournalism is distinguished from other close branches of photography (such ...
José Luis Cabezas and the subsequent implication of transport magnate Alfredo Yabrán in the crime lent credence to Cavallo's accusations and cost the ruling Justicialist Party further approval. Presented with a unique opportunity following his once mighty party's poor showing at the 1995 polls, former president and UCR leader Raúl Alfonsín negotiated an alliance with the center-left FrePaSo and, though in a number of provinces - including the second-largest ( Córdoba) - the UCR and FrePaSo ran on different slates, the Alliance won a majority of congressional seats in 13 of 23 provinces and in the city of Buenos Aires. The results marked the twilight of Menemists' dominance of Argentine politics. Todo Argentina: 1997
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Results


References

{{Carlos Menem
1997 File:1997 Events Collage.png, From left, clockwise: The movie set of ''Titanic'', the highest-grossing movie in history at the time; ''Harry Potter and the Philosopher's Stone'', is published; Comet Hale-Bopp passes by Earth and becomes one of t ...
1997 elections in Argentina Presidency of Carlos Menem