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| | Argentina's Embattled Economy |
 | | Argentina's Embattled Economy BUENOS AIRES, Argentina--According to economist Javier de Villanueva, "If there isn't a way to grow out of the debt, then there's a problem." In Argentina, where per capita income has been eroded to 1960- era levels, there is a problem. |
 | | Argentina, with its well-developed economy, infrastructure and social service system, is not a stereotypical impoverished, "Third World" debtor nation struggling to provide essential services for its citizens. |
 | | The economy, if privatized, could generate a $4 billion surplus, but that is a political impossibility." The deterioration in the balance of payments, plus the public debt and tensions created by the Austral plan will, Rodriguez predicted, result in a rollover of Argentina's debt by mid-1988. |
| multinationalmonitor.org /hyper/issues/1988/01/mm0188_06.htm.save (890 words) |
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