For decades, in Argentina, the State found reasons to intervene when economic interests considered strategic were at stake. It absorbed private debts, restructured liabilities, guaranteed obligations, compensated the financial system, assisted companies in difficulties and approved successive regimes of patrimonial regularization. Argentina’s economic history offers numerous examples of this state’s ability to go to the rescue when a crisis thre…
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For decades, in Argentina, the State found reasons to intervene when economic interests considered strategic were at stake. It absorbed private debts, restructured liabilities, guaranteed obligations, compensated the financial system, assisted companies in difficulties and approved successive regimes of patrimonial regularization. Argentina’s economic history offers numerous examples of this state’s ability to go to the rescue when a crisis thre…