The role of the International Monetary Fund (IMF) and the World Bank in the economic development of Argentina has aroused a considerable amount of controversy. However, as Raúl García Heras states in his deeply researched book, we lacked a fully elaborated historical account based on archival records of the relationship since 1955 between the South American nation and the two most important international financial agencies. García Heras offers in his work a rich empirical analysis based on an impressive array of sources, such as the archives of the IMF and the World Bank, British and American diplomatic records, private papers from important Argentine economic policy makers, and many others. His main thesis is that the IMF and the World Bank have played a major role in Argentine development, since both institutions became the final guarantors of Argentina’s economic seriousness, conditioning in that way...

You do not currently have access to this content.