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Multilateral Loans, Banking Finance, And The Martínez De Hoz Plan In Argentina, 1976-1981

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  • García Heras, Raúl

Abstract

This article examines Argentine relations with multilateral agencies and bankers during the first years of the last military dictatorship. It begins with an overview of relations and the external situation before the rise of the military and why a new economic team sought and restored Argentine credit standing. There follows a review of how links with the U.S. Treasury and international institutions lost significance and how cross-country financial intermediation, carried out mainly by leading state banks, gave foreign bankers a key role in the financing of Argentina’s foreign exchange needs. It also emphasises explicit and underlying motivations in the behaviour and policies of all actors involved and offers an evaluation of former Minister Martínez de Hoz’s efforts to justify these policies in the early 1980s.

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  • García Heras, Raúl, 2018. "Multilateral Loans, Banking Finance, And The Martínez De Hoz Plan In Argentina, 1976-1981," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 36(2), pages 215-240, September.
    • Handle: RePEc:cup:reveco:v:36:y:2018:i:02:p:215-240_00
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    Cited by:

    1. Hernandez, Carlos Eduardo & Tovar, Jorge & Caballero/Argáez, Carlos, 2022. "Tunneling when Regulation is Lax: The Colombian Banking Crisis of the 1980s," MPRA Paper 115662, University Library of Munich, Germany.

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