000 01919nam a22002777a 4500
003 arcduce
005 20200807012230.0
007 ta
008 150326s2015 ag_||||| |||| 00| 0 spa d
040 _aarcduce
_carcduce
100 1 _97113
_aOcampo, Emilio
245 1 0 _aCommodity price booms and populist cycles an explanation of Argentina's decline in the 20th century /
_cEmilio Ocampo.
260 _aBuenos Aires :
_bUniversidad del CEMA,
_c2015
300 _a34 p.
490 1 _aSerie documentos de trabajo ;
_vno. 562
_x1668-4575
520 3 _aArgentina’s economic and institutional decline has long posed a conundrum to economists and social scientists. In particular, it challenges theories that seek to explain cross-country growth differences over time. Those theories that claim that institutions have a first-order effect on growth cannot explain the persistent economic decadence of a country that in 1930 was among the most institutionally advanced in Latin America. Theories that claim that that education and growth precede inclusive institutions face a similar problem, since Argentina was one of the most educationally advanced countries in Latin America. The same can be said of theories that claim that social capital is the determinant factor that explains long-term growth. This paper emphasizes the key role played by recurrent cycles of populism in pushing the country into secular decadence and posits that, in Argentina, rising commodity prices have driven the cycles of populism.
650 4 _aPOPULISMO
_96209
650 4 _aCAPITAL SOCIAL
_91534
650 4 _aCRECIMIENTO ECONOMICO
_9385
651 4 _952
_aARGENTINA
653 4 _aPROGRESO ECONOMICO
830 0 _94462
_aSerie documentos de trabajo (Universidad del CEMA) ;
_vn. 562
856 4 _uhttp://www.ucema.edu.ar/publicaciones/download/documentos/562.pdf
942 _2ddc
_cINFT
_j88757 n. 562, 2015
945 _aBEA
_c2015-10-29
999 _c24943
_d24943