ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by L Randall WarySubscribe to L Randall Wary

Lessons from Argentina's Employment Guarantee

In the aftermath of the economic crisis of 2002, Argentina established the 'Plan Jefes y Jefas de Hogar', a job creation programme that can be a torchbearer for India's own employment guarantee. The Argentinian programme employed as much as 5 per cent of the population, drew in large numbers of women, cost just 1 per cent of GDP and far from 'digging holes' created productive assets.

Currency Sovereignty and Policy Independence

There are benefits to currency sovereignty, defined as a floating exchange rate currency issued by a sovereign government. When Argentina abandoned its currency board, it gained policy independence: its exchange rate was no longer tied to the dollarâ??s performance.
Back to Top