 Carlos Menem's administration carried out the privatisation process | |
| Duration | 1989–1999 [1] |
|---|---|
| Location | Argentina |
| Theme | Concession granted to private companies to operate the Argentine rail transport network |
| Cause | Ferrocarriles Argentinos deficit Reform of the state [2] |
| Participants | Government of Argentina Several private consortiums |
Railway privatisation in Argentina was a process which began in 1989 under the presidency of Carlos Menem, following a series of neoliberal economic reforms. This primarily consisted of breaking up the state-owned railway company Ferrocarriles Argentinos (FA) and allowing the former lines to be operated by private companies instead of the state.[2][1]
This policy was met with widespread criticism and proved catastrophic for the Argentine railways whose service worsened significantly in the years that followed, with entire lines closing and infrastructure deteriorating beyond repair.[3][4][5] Privatisation was ultimately reversed in 2015 with the creation of Nuevos Ferrocarriles Argentinos.[6][7]
- ^ a b Cite error: The named reference
leywas invoked but never defined (see the help page). - ^ a b Cite error: The named reference
ubawas invoked but never defined (see the help page). - ^ "El servicio ferroviario argentino de las últimas dos décadas, el antes y después de las privatizaciones (página 2)". Monografias.com (in Spanish). 13 March 2021. Retrieved 31 August 2022.
- ^ sabrinaramirez (24 July 2013). "Privatización de los ferrocarriles: «Ramal que para, ramal que cierra»". Contra Molinos de Sortilegios (in Spanish). Retrieved 31 August 2022.
- ^ "COMO PERDIMOS EL FERROCARRIL ARGENTINO - NOTA - ancaloo.com.ar - San Gregorio. Santa Fe. Argentina". www.ancaloo.com.ar. Retrieved 31 August 2022.
- ^ "Noticias económicas y cotización del dólar | ámbito.com". www.ambito.com. Retrieved 31 August 2022.
- ^ Grigera, Noelia Barral. "Con sólo dos votos en contra, el Senado sancionó la ley de estatización de los trenes". www.cronista.com (in Spanish). Retrieved 31 August 2022.