Some Problems of Development Financing: A Case Study of the Turkish First Five-Year Plan 1963–1967

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In November , the government laid a plan to cut utilities subsidies to higher income households. Rising inflation and capital flight caused a rapid depletion of the country's dollar reserves, prompting the government to severely curtail access to dollars in June By May , private forecasts estimated annual inflation at The Argentine government refused, causing the country to default on its debt again.

Layoffs in the private sector have increased five-fold. In April , monthly inflation in the country rose to 6.


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It is estimated that in the province of Buenos Aires alone 40 thousand pork producers would be in crisis. One of Macri's promises during the campaign was the elimination of Income tax for workers, saying "During my government workers will not pay tax on profits". The unique condition of Argentina, as a country which had achieved advanced development in the early 20th century but experienced a reversal, has inspired a wealth of literature and analyses on the causes of this progressive decline.

According to Di Tella and Zymelman , the main difference between Argentina and other settler societies such as Australia and Canada was its failure to seek adequate alternatives to compensate for the end of geographical expansion with the definitive closing of the frontier.

A Case Study of the Turkish First Five-Year Plan 1963–1967

Duncan and Fogarty argued that the key difference lies in the contrast between the stable, flexible government of Australia and the poor governance of Argentina. More recently, Taylor pointed that the relatively high dependency ratio and the slow demographic transition in Argentina led to a reliance on foreign capital to offset the resulting low savings rate. The ultimate cause of Argentina's historical backwardness appears to be its institutional framework.

From Wikipedia, the free encyclopedia. Widely studied economy with periods of growth and hyperinflation.


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  • Part of a series on the. Indigenous peoples in Argentina Inca Empire. Colonial Argentina. Civil Wars. Rise of Argentine Republic. Post-WW II to National Reorganization Process. Return to democracy. See also: Patagonian sheep farming boom. Main article: — Argentine great depression. Main article: Presidency of Mauricio Macri. Main article: Argentine monetary crisis. Argentina portal. October Financial Times. Retrieved November 4, Agriculture and economic growth in Argentina, — International Food Policy Research Institute.

    April 19, Archived from the original on January 19, The Economist. June 3, Archived from the original on December 14, Retrieved August 1, A History of the Global Economy.


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    • From to the Present. Cambridge University Press. The Hispanic American Historical Review. A brief history of Argentina. Infobase Publishing. The bureaucrats of Buenos Aires, — amor al real servicio. Duke University Press. University of Chicago Press. Archived from the original PDF on January 16, Argentina and the United States, — SUNY Press. The Invention of Argentina.

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      National Bureau Of Economic Research. Archived from the original PDF on April 26, July Universidad Del Cema. Archived from the original PDF on April 19, Argentine international trade under inconvertible paper money, — Harvard University Press. William Heinemann. Economic History Services.

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      Archived from the original on September 9, Wheat Production and Farm Life in Argentina. Jorge Avila Opina. Archived from the original on March 3, Williamson June Archived from the original PDF on October 15, Retrieved February 1, Argentina: A Modern History. Archived from the original PDF on September 4, Historia de las Relaciones Exteriores Argentinas. Universidad del CEMA. Archived from the original on August 10, December 20, London School of Economics.

      Archived from the original PDF on April 22, The Quarterly Journal of Economics. Governed by Emergency: Economic Policy-making in Argentina, Princeton University. Archived from the original PDF on December 14, Argentina: what went wrong. Greenwood Publishing Group.

      Beard Books. June Economica 26 : — Inter-American Economic Affairs. Romer, Christina December 20, Archived from the original PDF on December 7, February 28, Archived from the original on October 9, Archived from the original on September 26, Britannica Online Encyclopedia. Archived from the original on December 18, Archived from the original on April 1, Brennan; Marcelo Rougier The politics of national capitalism: Peronism and the Argentine bourgeoisie Penn State Press.

      Archived from the original on April 26, Archived from the original on February 11, Many of these scientists have since risen to prominent research positions in their home countries. The Population Sciences program initiates a year program to make quality family planning and reproductive health available to every couple in the world who wants it.

      The Foundation brings together a number of foundations, federal governments and financial institutions to help rebuild and revitalize inner cities in the United States. With Foundation funding, scientists at Cornell University create a detailed molecular genetic map of rice and disseminate to rice breeders worldwide to facilitate the creation of improved varieties. Working with other organizations, the Foundation launches a program to identify, train, and support the next generation of leaders in ecologically sound development. Each year, Leadership for Environment and Development LEAD helps identify 15 associates from each of nine major countries and three regions to participate.

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      With several national conferences organized by scholars at the University of Houston, the Foundation launches a long-term research, preservation, and publishing project to recover the Hispanic literary heritage of the United States. The Foundation launches three initiatives: a global environmental program, a domestic program of school reform, and a program in international security.

      Building on the success of the Great Neglected Diseases program, the Foundation inaugurates a tropical disease research program in cooperation with the World Health Organization. The Foundation introduces a plan to examine the market for cassava—a shrubby plant grown for its edible root—in nine Sub-Saharan countries. The study is conceived as a parallel to biotechnology research and is aimed at ensuring that research and development matches the actual needs of the farmers and consumers who depend on cassava.

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      The Foundation establishes a fellowship program to support independent film, video, and multimedia artists in the United States. In , the fellowships are expanded to include Latin American filmmakers. Foundation-supported researchers develop a method to regenerate whole rice plants from rice protoplast, a major breakthrough in the genetic engineering of cereal plants.