In 1990, Argentina held a large-scale program of economic reforms, including the privatization of its telephone system and other state enterprises. In 2002, however, the severe economic crisis forced Argentina defaulted on its foreign debt, devalue its foreign exchange, and freeze bank accounts. As part of the emergency measures, the government ordered the freezing of the telephone and other utility rates and a review of all utility concession contracts. HKS Case Number 1678.0 "Hide
by Jose Gomez-Ibanez, Santiago Urbiztondo 17 pages. Publication Date: December 16, 2002. Prod. #: HKS303-PDF-ENG
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