1、Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS20781Updated January 12, 2001Argentina: Political and Economic Conditionsand Relations with the United States in 2000nae redactedForeign Affairs AnalystForeign Affairs, Defense, and
2、Trade DivisionSummaryIn Argentinas presidential election, held on October 24, 1999, Fernando de la Raof the Alliance coalition defeated Peronist candidate Eduardo Duhalde, ending the 10-year rule of the Peronist party. President de la Ra has continued the economic reformand trade liberalization meas
3、ures implemented by his predecessor, Carlos Menem, whichwere effective in stabilizing the Argentine economy after the hyperinflation of the 1980s.In recent years, however, economic conditions have deteriorated and the success ofPresident de la Ras administration will likely depend on the success of
4、his economicreform program. In addition to labor law reform to address the unemployment problem,President de la Ra has taken steps to improve economic conditions, reduce levels ofpublic spending, and eliminate corruption. In December 2000, the Argentine governmentannounced a financial package agreem
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