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Carlos Menem, best Argentine pro-business president in the last 50 years

Saturday, October 16th 2010 - 01:50 UTC
Full article 43 comments
Menem, currently Senator, ruled Argentina from 1989 to 1999 Menem, currently Senator, ruled Argentina from 1989 to 1999

The liberal policies carried out by former Argentine president Carlos Saúl Menem continue to reap the approval of the majority of businessmen that are attending an economic colloquy in the Argentine capital, reports the Buenos Aires Herald.

The data emerges from a survey carried out by ámbito.com, which asked, in part to commemorate the 50th anniversary of IDEA, and excluding military dictatorships, “Which was the best government of the last 50 years?”. Taking into account Argentina's development, 53% considered that Carlos Menem (1989-1999) was the president that best led the country.

In second place, but farther away, is former Radical president Arturo Illia (1963-1966), with 20%; surely, his honesty played an important role at the time of choosing. An old businessman remembered that, after leaving during the first term, Illia used to call for taxis driven by young men so as to not be recognized, in order to be charged for the trip, since many chauffeurs would take him for free. In the meantime, an economist reminisced about the rearrangement of the public sector, the decrease of the public debt, and the industrialization boost. In 1964, the GDP grew 10.3%, and the following year, 9.1%, a similar increase to current times. The problem is that radicals get bad press, another businessman loyal to the UCR commented.

In third place, and although he was forced to leave the government prematurely in the midst of a galloping inflation, stands Raúl Alfonsín with 17% approval from a sector that does not like to admit it, but that agrees with many UCR policies.

Former interim president Eduardo Duhalde (2002-2003) occupies fourth place with 10% of the votes, in recognition of the reordering of the economy and the first steps that were taken to assure economic recovery that began during his brief pass through the presidency. When the businessmen were asked which one was the best government, based on perspectives on its activities, Duhalde rose to second place, tied with Alfonsín.

However, when the answers are analyzed by business sectors, the parity between the former Radical and Peronist presidents is understood. Banking institutions and the financial service sector chose Alfonsín's government, surely due to the stability brought about by the Plan Austral.

Even though Carlos Menem continues being the favourite in the business world, 63% recognizes it as the best presidency for the development of their sectors. The majority of the answers were given by service companies belonging to diverse sectors, while industrials, who are usually the minority in these colloquies, tended towards the government of Eduardo Duhalde. On her part, Cristina Fernández de Kirchner, although she believes this is an opposition-led forum, gained 10% of the votes and, even if it sounds strange, the majority came from the agriculture sector.

It is not a minor detail that the government of Néstor Kirchner (2003-2007) did not receive any votes. The message from this group of businessmen to the Patagonia native is clear, despite the best economic growth data was registered during his term.

Other administrations that did not receive adhesions were those of Héctor Cámpora (1973), Juan Domingo Perón (1973-1974), Isabel Martínez de Perón (1974-1976), and Fernando de la Rúa (1999-2001).

Idea founded in 1969 brings together Argentina’s 400 leading companies and promotes growth and competitiveness.
 

Categories: Economy, Politics, Argentina.

Top Comments

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  • NicoDin

    The best joke I've ever heard especially about Raúl Alfonsin.

    The guy made collapse all medium size companies.

    Including my family's company. Banking sectors? Another joke during Alfonsin Bank interest rates were 25% a month my father still uses to remembers theses times and cries. Hiper-inflation you couldn't sale to clients because were not price to buy back stocks.

    What the hell are drinking these guys?
    Menem?

    This is a joke of the Buenos Aires Herald because in the IDEA the topic rise due to Clara Mariño (Old Mariano Grondona program Producer and conservative like dinosaurs) asked why all of them (Biolcati, Ratazzi & co) applauded all government economic plans. Someone responded because we have hope and she asked why then you don’t applaud anymore went remember the 90 (Carlos Menen Era)

    Well e hem... not wise someone say other but if all agreed with desregulations, but bla,.

    And they started to blame each other, Biolcati told that Ratazzi applauded the Kirchners but down the table just to be seen by Cristina & husband.

    And Ratazzi fired back by saying “at least when the president invite me I go put my face and I say what I think and not like Others (In reference to Biolcatti) that say yes my dear president and then plot in the night.

    Lets say some chambers don’t want Biolcati, Ratazzi or Menem represent the corruption and the worst in ethic in business world. That is the reason praise Menen/Duhualde easy to pay bribes and get what you want.

    The more critic of all was Alec Oxenford ex Deremate, Dineromail & OLX who said that the entrepreneurs there were always talking of the past and never thinking in the future.

    This argument started in 2008 when Biolcati got angry with Ratazzi as you can confirm this here.
    http://www.lanacion.com.ar/nota.asp?nota_id=1006068

    Here a short description of what I said.
    http://www.lanacion.com.ar/nota.asp?nota_id=1006068

    : )

    Oct 16th, 2010 - 08:20 am 0
  • xbarilox

    Ex-president Néstor Kirchner, while he was Governor of Provincia de Santa Cruz, once said that Dr. Carlos Saúl Menem was the best president of Argentina. So what these people are saying is absolutely true. Isn't it?

    Oct 16th, 2010 - 11:44 pm 0
  • NicoDin

    @xbarilox

    And what the f@ck do you know if you live in Chile?

    Come on mate be smart and get lost none want to hear your anti K and Anti Argentina hatred here.

    You can do a good job by registering in La Nacion there you will find a lot of morons right win that may be even praise you http://www.lanacion.com.ar/ follow the smell of countryside and popo of cow. And that’s it.

    They will even don’t care if you are from Chile while you keep saying something against the K.

    Good luck and enjoy it but remember that these some people where the same that wanted to invade your country in the 80. And make Chile another province of Argentina.

    May be you deserved it After all?

    Oct 17th, 2010 - 12:37 am 0
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