Jorge Rafael Videla - Economic Policy

Economic Policy

Videla largely left economic policies in the hands of Minister José Alfredo Martínez de Hoz, who adopted a free trade and deregulatory economic policy. During his tenure, the foreign debt increased fourfold, and disparities between the upper and lower classes became much more pronounced, ending in a tenfold devaluation and one of the worst financial crisis in Argentine history.

Read more about this topic:  Jorge Rafael Videla

Famous quotes containing the words economic and/or policy:

    Society’s double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.
    Anne Tucker (b. 1945)

    Letting a hundred flowers blossom and a hundred schools of thought contend is the policy for promoting the progress of the arts and the sciences and a flourishing culture in our land.
    Mao Zedong (1893–1976)