South American Post-neoliberalism and External Imbalances: The Case of Argentina, 2003–2014

In 2003, following a long period of recession with extraordinarily high levels of unemployment and poverty and widespread social unrest, growth resumed in Argentina and economic and social indicators started to improve. These changes accompanied major political and policy redefinitions under a government that rejected the neoliberal policy blueprint of austerity and liberalisation of the 1990s and took pains to make the country’s integration into the global economy compatible with the creation of conditions for resuming capital accumulation and rebuilding consensus in the country.