Abstract

Argentina’s executive and legislative branches have repeatedly introduced stabilization plans via emergency regulation, e.g., the Austral Plan of 1985, or modified the central bank charter. Elaborating on the use and legitimization of emergency decrees and laws affecting Argentina’s central bank/convertibility law since the 1980s, this chapter suggests that the frequent use of emergency decrees and laws has undermined legal certainty concerning the central bank's autonomy and objectives in Argentina.

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