ࡱ> ,.+%` R bjbjٕ2 & >>>>>>>>qssssss$hX !>>>>UUU>>qUqUUU>2 @__%Uq0U ; U U>vTUDL>>>K >>> POVERTY HINDERS SUSTAINABLE DEVELOPMENT IN ARGENTINA Summary Shen An 00 Argentina s neo-liberal reforms in the 1990s brought both economic growth and poverty. Poverty created not only social instability, but also deficiency of domestic demand. As a result, it has become one of the obstacles for Argentinas economic development. One of the major characteristics for Argentinas poverty issue is that the middle class is witnessing its increased income. According to official statistics, in recent years three million people have sunk from the rank of middle class to the bottom. One of the reasons for this is the fixed exchange rate system, which made domestic prices extremely high. From the Argentine experience, other developing countries might get the following lessons: 1) When the government is carrying out economic restructuring policies, attention should be given to income distribution and poverty. 2) Reform measures should be undertaken in the areas of social security and labor market along with other reforms in other areas. 3) Generation of more jobs should be one of the priorities of the government to ensure social stability. hj| hhAfYhB*phh5B*\o(phhAfYh5B*\phj~ $[$\$a$gd$[$\$a$gd 0182P. A!"#$%S N@N cke $1$a$$CJKHPJ_HaJmH nHsH tH$A@$ ؞k=W[SOBi@B nfh