Resources for Reform: Oil and Neoliberalism in Argentina

摘要

In April 2012, Argentine president Cristina Fernandez de Kirchner announced the expropriation of the assets of the Spanish oil multinational Repsol owned in the Argentine firm Yacimientos Petroliferos Fiscales (YPF). This move shocked the international business community and caused a diplomatic row between Argentina and Spain, while left-wing politicians in other Latin American countries celebrated the Argentine government's action. The Argentine government referred to the expropriation as the 'recovery' of Argentine oil resources, denoting the fact that from 1922. (the year in which YPF was established) until its privatisation in 1993 by President Carlos Menem, YPF had been a state-owned enterprise. YPF was not just one more of the many Latin American state-owned enterprises, however.