Q. Evaluate the economic policies of Juan Peron, the husband of the famous Evita?
Answer: Once Peron got the power in 1946 in Argentina the economy that at that time wasn't so open to become even less open. Look for the support of urban workers Peron went beyond the policies of the 1930s in favouring import replacement over traditional agricultural exports such as wheat and bee. Its influence made it complicated for successive in Argentine governments to take apart trade barriers reduce government involvement in industry or else impose control over public spending and inflation. Macroeconomic instability as well as low growth was the result. Only subsequent to the economy experienced true hyperinflation at the end of the 1980s was when a reform minded government capable to starting in 1991 to remove long-standing barriers to economic growth. The economy has usually performed well since 1991 rising at an average annual rate of 6% and moving back into the ranks of upper middle-income developing countries.