Global Process, Local Meanings:
The Argentine Local Supporters to the Structural Reforms

Gastón J. Beltrán

During the 1980 decade Argentina was affected by a severe economic and institutional
crisis. After two episodes of hyperinflation, the government, with the support of most local
businesses and a few neoliberal intellectuals began a process of deep structural reforms.
This paper analyzes how and why the support for those reforms evolved internally,
watching at the way in which global dynamics and local configurations intersect. The
paper then focuses on the way the local powers – mainly state, local business and local
intellectuals –interpreted and incorporated neoliberalism during the 1980s and how and
why they demanded their implementation.