Menemism

Menemism
Menemismo
LeaderCarlos Menem
Founded1989
Preceded byOrthodox Peronism
Succeeded byFederal Peronism
MembershipJusticialist Party
Loyalty and Dignity
Republican Federal Enconter
Aliance:
Popular Unity Justicialist Front
Front for Loyalty
IdeologyPeronism
Conservatism
Neoliberalism
Right-wing populism
Neopopulism
Political positionCenter-right to right-wing

Menemism is a term that refers to the policies implemented in Argentina by Carlos Menem, president of the country from 1989 to 1999. Like Peronism (the movement Menem belonged to), Menemism is complex, being most usually defined as populist rhetoric combined with neoliberal policies.

Menemism came to power from the Popular Unity Justicialista Front. He is remembered for the electoral platform with which he won the elections; the measures included a "salariazo" and "productive revolution." He won the elections with other sectors of Peronism or center-left radicalism.

Menemism returned to power with a resoundingly high vote rate, having already modified the national constitution, with the Co-participation, so that the government mandates would last 4 years, making it possible for Carlos Saúl Menen to be re-elected. The recurring problems of this economic model determined an economic recession since 1998, which would end up exploding in the 2001 crisis.