Rodrigazo
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Rodrigazo is the name given to a group of economic policies announced in Argentina on June 4, 1975, and their immediate aftermath. The name Rodrigazo stems from the fact that the policies were announced and implemented by Celestino Rodrigo, the Minister of Economy of Argentina appointed by President Isabel Perón in May of that year. As a consequence of these measures, the real wage (the purchasing power of the wage) fell, as prices overall doubled between May and August alone, and continued to fall until well into 1979. The crisis had political consequences, as well, though not all were negative.…mehr

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Rodrigazo is the name given to a group of economic policies announced in Argentina on June 4, 1975, and their immediate aftermath. The name Rodrigazo stems from the fact that the policies were announced and implemented by Celestino Rodrigo, the Minister of Economy of Argentina appointed by President Isabel Perón in May of that year. As a consequence of these measures, the real wage (the purchasing power of the wage) fell, as prices overall doubled between May and August alone, and continued to fall until well into 1979. The crisis had political consequences, as well, though not all were negative.