La Organización Mundial del Comercio (OMC) y la reducción del espacio para la política: El caso argentino ante el resurgimiento de la restricción externa durante la posconvertibilidad

Abstract

The birth of the WTO in the mid-1990s shrank the policy space. The narrowed range of policies still available to manage foreign exchange earnings through trade channels before the reappearance of the external constraint in 2011 in Argentina clearly exemplifies this situation. The present paper aims to examine the scope of WTO rules, and evaluate the options offered by the Organization to face a critical balance of payments deficit, basing the analysis on the argentine case.