Publisher's Synopsis
Since the mid-1960s, a series of governments has come to power in Argentina promising political stability and economic growth. Despite immense popular support and great variations in their structures and economic policies, however, all but one failed. Seeking to understand Argentina's spiral downward from its auspicious beginnings, Erro analyses these governments and identifies a set of factors that impeded the effective implementation of economic policies and political consolidation in the 1966-1989 period.;Then, turning to the Menem government, Erro demonstrates that Menem, originally expected to revert to Peronism, is actually breaking the traditional cycle and implementing policies that are allowing democracy and political/economic stability to take root. The book concludes with an assessment of the Menem government's chances for long-term success.