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At the end of the 80s, Argentina was deeply affected by inflation and recession. Matters were worsened by a downward trend in oil exploration, production and proven reserves, so there was an urgent need for investment to promote development. The election of the Menem government led to a new reformist direction using both privatisation and deregulation to achieve a free-market oriented economy. The oil and gas industries were an obvious key to financial and commercial success. The Argentinean economic revival is examined as is the Argentina Plan and deregulation and privatisation.
by J Fitzpatrick, 1995, 18pp
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