Abstract
Overthrow of the Argentine dictatorship of Juan Peron in September of 1955 was followed by over a decade of political upheaval, high inflation, sporadic balance of payments crises, and periodic devaluation of the Argentine peso. In this seemingly inauspicious environment, surprisingly, the manufacturing capacity and output of Argentine owned industrial companies increased significantly.© 1970 JIBS. Journal of International Business Studies (1970) 1, 1–13
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