Neoliberal economic policies in Venezuela and Argentina as a way to combat structural inflation: Results and prospects

Subject. This article analyzes neoliberal economic policies in Venezuela and Argentina as a tool to combat structural inflation. Objectives. The article aims to assess the effectiveness of neoliberal economic reforms in stabilizing economies and reducing inflation. Methods. For the study, I used a comparative analysis. Results. The article finds that despite short-term successes in reducing inflation, neoliberal reforms have often been accompanied by social costs, such as rising inequality and cuts in government spending on social programs. Conclusions and Relevance. The article highlights the need for a comprehensive approach that combines neoliberal measures with social protection mechanisms, which can contribute to long-term economic stability. The use of the results of the study involves the development of recommendations for countries with similar economic problems.

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Publication Details

Journal
Finance and Credit
Published
2024-12-26
DOI
https://doi.org/10.24891/fc.30.12.2877
Primary Topic
Economic Theory and Policy
Type
article
Field-Weighted Citation Impact
0.00
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article

Neoliberal economic policies in Venezuela and Argentina as a way to combat structural inflation: Results and prospects

Il’ya V. GREBENSHCHIKOV
Finance and Credit
Economic Theory and Policy
article

Neoliberal economic policies in Venezuela and Argentina as a way to combat structural inflation: Results and prospects

Il’ya V. GREBENSHCHIKOV
article en

Abstract

Subject. This article analyzes neoliberal economic policies in Venezuela and Argentina as a tool to combat structural inflation. Objectives. The article aims to assess the effectiveness of neoliberal economic reforms in stabilizing economies and reducing inflation. Methods. For the study, I used a comparative analysis. Results. The article finds that despite short-term successes in reducing inflation, neoliberal reforms have often been accompanied by social costs, such as rising inequality and cuts in government spending on social programs. Conclusions and Relevance. The article highlights the need for a comprehensive approach that combines neoliberal measures with social protection mechanisms, which can contribute to long-term economic stability. The use of the results of the study involves the development of recommendations for countries with similar economic problems.

Finance and CreditVol. 30(12)
Openalex Percentile: Top 56%
Economic Theory and Policy
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