ABSTRACT

Argentina's 1930 Revolution had very little in common with the simultaneous events in Brazil, much less with what had taken place in Mexico in 1910. A liberal representative of industry and agro-business with close ties to transnational interests, Krieger Vasena strove to deepen Argentina's industrialization with an eye to exportation. Convinced of the need for free trade and less governmental paternalism and interference, he was neither an orthodox monetarist nor a structuralist, believing that Argentina's inflation had shifted from demand-generated to cost-pushed. Although the 1980s dawned grim and unpromising for Argentina, by 1983 the sun had broken through the clouds, and by 1997 a much more broadly based regime would have surpassed the duration of the middle-class democracy the country had enjoyed from 1916 to 1930. Argentina had not yet found a developmental model to replace that of primary product exports combined with import-substitution industrialization that had perished with the 1970s.