ABSTRACT

An improvement in the workers' purchasing power must be achieved by implementing a wage increase as soon as the Pact is created. The size of this wage settlement will be determined by the level of real wages at the time when the new economic policy is put into practice and the state of the different variables in the economic system. The policy outlined for wages, stabilisation of the prices of variables under public control, and the strategy envisaged for fiscal, monetary and foreign dealings, can only work if the goods and services produced by the private sector are in step with the economic programme as a whole. Significant changes must be made in the nature of the goods and services offered by the public sector. Once democracy has been firmly re-established in Argentina and the economic recovery has become a fact, the country will attract many foreign investors.