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Summer 2026
Subscribe Now
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Web
News & Analysis
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En Español
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Under the Shadow
Brazil on Fire
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Magazine
Summer 2026
Subscribe Now
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News & Analysis
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Under the Shadow
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Inflation
Menem’s Great Swindle: Convertibility, Inequality and the Neoliberal Shock
Daniel Azpiazu & Eduardo M. Basualdo & Hugo J. Nochteff
September 25, 2007
Punished by years of high inflation, Argentines enthusiastically supported Menem's anti-inflationary Convertibility Plan. The government, however, utilized the success of