TY  - JOUR
AU  - Alston,Lee J.
AU  - Gallo,Andres
TI  - Evolution and Revolution in the Argentine Banking System under Convertibility: The Roles of Crises and Path Dependence
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 8008
PY  - 2000
Y2  - November 2000
UR  - http://www.nber.org/papers/w8008
L1  - http://www.nber.org/papers/w8008.pdf
N1  - Author contact info:
Lee J. Alston
Institutions Program
Institute of Behavioral Science
Department of Economics
University of Colorado at Boulder
Boulder, CO  80309-0483
Tel: 303/492-4257
Fax: 303/492 2151
E-Mail: Lee.Alston@colorado.edu

Andrés A. Gallo
Department of Economics
University of North Florida
Jacksonville FL 32224
E-Mail: agallo@unf.edu
AB  - We provide an analytical narrative of the political and economic causes and consequences of institutional changes in the Argentine banking system. We devote most of our attention to the privatization of the provincial banks. Our story differs from the prevailing wisdom in its stress on the key roles played by convertibility and an independent Central Bank rather than the Fondo Fiduciario.
ER  -