38 Pages Posted: 14 Sep 2000
Date Written: May 2000
We provide an analytical narrative of the political and economic causes and consequences of institutional changes in the Argentine banking system. We devote most of our attention to the privatization of the provincial banks. Our story differs from the prevailing wisdom in its stress on the key roles played by convertibility and an independent Central Bank rather than the Fondo Fiduciario.
JEL Classification: E52, G21, G28
Suggested Citation: Suggested Citation
Alston, Lee J. and Gallo, Andres A., Evolution and Revolution in the Argentine Banking System Under Convertibility: The Roles of Crises and Path Dependence (May 2000). U Illinois Law & Economics Research Paper No. 00-04; and CIBER Working Paper 00-101. Available at SSRN: https://ssrn.com/abstract=235852 or http://dx.doi.org/10.2139/ssrn.235852