K Political Environment

K Political Environment - Political Environment in...

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Political Environment in Argentine Government Argentine is a republic and democratic country. This democracy makes possible to trade (free market) as well as investment, resulting economic growth. Argentine is federal country that each 23 provinces and an autonomous city , Buenos Aires , and the central government have power to govern equally under the Argentine Constitution. Argentine’s government is formed executive, legislative, and judicial branches. The head of Executive branch is the president, which has a four year term, at most twice. The legislative branch is the bicameral Congress including the Senate which has a six year term and the Chamber of Deputies which has four year term. Political activity During Carlos Menem administration, this system was reformed. To relieve hyperinflation and stimulate economic growth, he also introduced the economic reform plan, convertible plan that is exchange currency rate, the Argentine peso to the US dollar. Also privatization of government enterprises was introduced. As a result, those plans were failed.
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K Political Environment - Political Environment in...

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