A experiência argentina de liberalização financeira nos anos 90

Abstract

The article discusses the Argentine financial. t ' táin the '90's. After two experiences of this liberalization nature — between 1977-82 and the current one, st in 1989 -— Argentine is an illustrative case Siareooe advantages and risks of this process. Argentine's financial policy have molded an universal banking Jecent with high level of dollarization and foreign negemonvBy international criteria and experiencs = incorporating and improving the country access to banking supervision, external the main “ranehode the system denationalization last years. It of Argentine financial stabilit during resistance to como the reason for the Brazilian crises Nom of recent Asian, R osiamand - Nevertheless, the weight EForeion investments and d izati : indebtedness and qoCEO implies high level of external is end an hence, of exchange depe poco of the financial system gal exchange igidity of noih is strengthened by € Currency board regimen.