Jorge Rafael Videla

Jorge Rafael Videla Redondo (born August 2, 1925 in Mercedes) was the de facto President of Argentina from 1976 to 1981. He came to power in a coup d'état that deposed Isabel Martínez de Perón. After the return to democracy, he was placed on house arrest.

Economic policy

Videla largely left the whole economy in the hands of Minister José Alfredo Martínez de Hoz. The foreign debt increased fourfold, and disparities between the upper and lower classes became much more pronounced as compared to the populist days of Perón. Martínez de Hoz has argued that the junta's introduction of neoliberal economic policies were necessary to contain the popular discontent about the state of the economy.

Related Topics:
José Alfredo Martínez de Hoz - Foreign debt - Neoliberal

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