RE: Re: More on Argentina

["Devine, James" <jdevine@xxxxxxx>]

this list sounds like the Neo-Liberal Manifesto for the world.

Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine



> -----Original Message-----
> From: Charles Jannuzi [mailto:jannuzi@xxxxxxxxxxxxxxxxxxxxxxxxx]
> Sent: Tuesday, April 02, 2002 10:40 PM
> To: pen-l@xxxxxxxxxxxxxxxxxxx
> Subject: [PEN-L:24605] Re: More on Argentina
>
>
> Next, consider the policies that were worked out as a
> solution. Actually,
> the list reads like the Koizumi concept of restructuring and
> reform for the
> Japanese economy, except the provincial banks would be the
> postal savings
> and JA credit cooperatives.
>
> http://multinationalmonitor.org/mm2001/01september/sep01toc.html
>
> Downsizing, Privatization, Labor Flexibility, Wage Cuts:
> Selected Summaries
> of IMF/World Bank Country Policies
>
> Argentina
> ·World Bank sector support for a massive and
> ambitiousprivatization program
> of local water systems
> ·Nearly half of provincial government-owned enterprises have been
> privatized, including a majority of provincial banks
> ·In 1994 the pay-as-you-go pension system was replaced by a mixed
> public/private pensions system
> ·In 1999 new laws were passed to enhance labor flexibility
> ·for small and medium sized enterprises, lengthen the
> probation period for
> new workers, employer contributions to social security have
> been reduced
>