ABSTRACT
The era of the Great Depression and the 1930s brought profound changes to Argentina. With the economic dislocation brought about by declining demand and prices for Argentina's commodity exports, the political situation destabilized. From 1946 to 1949 the Peronist project produced economic growth and a substantive improvement in people's lives. The military regime that came to power in 1955 sought to de-Peronize Argentine society by outlawing the Peronist Party and attacking the labor unions that were its stronghold. The election of 1983 signaled the end of military rule and a return to democratic norms. The election of Mauricio Macri seems to have changed Argentina's global position overnight. Most importantly, for the global economic community, Macri succeeded in settling the fifteen-year dispute between the Argentine government and a group of bondholders over debt payments stemming from the Argentine collapse of 2001. Whether this economic tango toward international capital will benefit Argentines remains an open question.
