Argentina's economic crisis: its causes. - its remedies

The years that have passed have been of progress for the Argentine country, which has seen its wealth increase in relative proportions. The monetary system has been a contributing factor in this fruitful work, in terms of the guarantee that the Caja de Conversión offers in gold to the banknotes in c...

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Bibliographic Details
Main Author: Nieto Riesco, Julio
Format: Online
Language:spa
Published: Universidad Nacional de Córdoba 1915
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Online Access:https://revistas.unc.edu.ar/index.php/REUNC/article/view/3318
Description
Summary:The years that have passed have been of progress for the Argentine country, which has seen its wealth increase in relative proportions. The monetary system has been a contributing factor in this fruitful work, in terms of the guarantee that the Caja de Conversión offers in gold to the banknotes in circulation. This statement does not imply to say that the system in general is good, but that it represents a great step forward with respect to the system prior to the year 1900. Its benefits are effectively felt by the foreign market, in the favorable balances of its trade, even though its benefits in the internal order are relative.