Argentina prospered under a system of fixed exchange rates, but there is a large income and employment fluctuations. The social costs of unemployment threatens the viability of the economic model. The construction of the welfare state is one alternative, but it may be a return to populist politics of the past. "Hide
by Rafael Di Tella, Eliseo Neuman Source: Harvard Business School 26 pages. Publication Date: March 21, 2000. Prod. #: 700061-PDF-ENG