Micro Lenders

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Wednesday, 10 July 2013

Forcing Argentines to Accept Evita Peron Bank Notes

Posted on 03:16 by Unknown
It won't be easy--you'll think it strange--when I try to explain why so many Argentinians refuse to honour Evita Peron bank notes issued a year ago. Over half a century after her early death, she remains a polarizing figure in Argentina. Peronists including the present leader of Argentina (and the person largely responsible for these bank notes), Cristina Fernandez, style Evita as a champion of the poor and women's rights besides. Others think she was simply an opportunist who was at the right place at the right time. Obviously, being associated with General Juan Peron is tough. American media labelled him a dictator; others played up his fascist sympathies.

Regardless, can you imagine what sort of controversy would occur if, say, George W. Bush's image graced the $500 bill sixty years from now? While he has his admirers--he was voted US president twice, was he not--his detractors are legion. People have long memories, and many have still not gotten over Evita in Argentina it seems:
Argentina's central bank has warned businesses to stop rejecting commemorative bank notes bearing the image of Eva Peron to mark the 60th anniversary of the iconic former first lady's death. President Cristina Fernandez, whose fiery speaking style often prompts comparisons with that of “Evita”, unveiled the 100 peso bills emblazoned with her profile a year ago.

But publicity surrounding the newly-minted notes was not wide enough to overcome doubts from small businesses where cashiers have rejected the bills for being unfamiliar. So the central bank this week launched a hotline for people to report those who refuse to accept the bills, threatening to fine those who keep turning them away.
The yuck factor remains strong after all these years among some:
Some cashiers have snubbed the Evita notes because they did not recognize them as legal tender. Others turned their backs on the bills for political reasons. “There are always people who don't like Fernandez and Evita and just don't want to touch them,” said a cash register worker in Buenos Aires, declining to give his name.
And no, I would probably not take your George W. Bush bank notes if I'm still around sixty years from now.
Email ThisBlogThis!Share to XShare to Facebook
Posted in Latin America | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Today's Resource Curse on Aussie Surfboard Mfg
    Little surfer, little one, make my heart come all undone...with your"Made in China" surfboard? Is there nothing sacred about beach...
  • Yay! Our LSE IDEAS, World's 4th Best Uni Thinktank
    Well here's a nice bit of news concerning LSE IDEAS , the research centre I am associated with. The good folks at the University of Penn...
  • Globocop No More: United States After Unipolarity
    LSE IDEAS has been churning out special reports at such a furious pace that I almost forgot to mention this one concerning The United State...
  • Fake Diploma? Be Ecuador's Next CenBank Chief!
    Ah, Ecuador...the archetypal banana republic. For a country that supposedly loathes the United States via its leader Rafael Correa and his a...
  • Commercialism & Christmas in Non-Christian Societies
    Thailand features Christmas elephants, f'rinstance Your Asian correspondent--obviously Catholic with a name like "Emmanuel"--h...
  • Egypt and the Elusive Interest-Free IMF Loan
    Back in the 80s, I loved Aldo Nova's one-hit wonder " Fantasy ." Instead of treating it as a catchy tune and nothing more, I...
  • How Scuderia Ferrari Improved a Hospital ICU [!]
    Longtime readers will know from my blog FAQs that I am most excited about the field of IPE borrowing from different social science discipli...
  • Lamborghini Aventador, US-Subsidized Supercar
    Now for one of my occasional Robb Report impersonations--albeit with an IPE twist. (We've got style, baby.) In 1998, Lamborghini becam...
  • Patrice Lumumba Friendship University Revisited
    Younger readers probably don't know what the USSR's Patrice Lumumba Friendship University was, so a short introduction is required. ...
  • The Myth of the Inflexible Chinese Communist Party
    Some of you may be familiar with the US-China Economic and Security Review Commission (USCC) that was created by the American congress in 2...

Categories

  • Africa
  • Agriculture
  • Americana
  • Anti-Globalization
  • APEC
  • Bretton Woods Twins
  • Caribbean
  • Casino Capitalism
  • Cheneynomics
  • China
  • Commodities
  • Credit Crisis
  • CSR
  • Culture
  • Currencies
  • Demography
  • Development
  • ds Twins
  • Economic Diplomacy
  • Economic History
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Europe
  • FDI
  • Gender Equality
  • Governance
  • Health
  • Hegemony
  • IMF
  • India
  • Innovation
  • Internet Governance
  • Japan
  • Labor
  • Latin America
  • Litigation
  • Marketing
  • Media
  • Microfinance
  • Middle East
  • Migration
  • Mining
  • MNCs
  • Neoliberalism
  • Nonsense
  • Religion
  • Russia
  • Security
  • Service Announcement
  • Socialism
  • Soft Power
  • South Asia
  • South Korea
  • Southeast Asia
  • Sports
  • Supply Chain
  • Trade
  • Travel
  • Underground Economy
  • United Nations
  • World Bank

Blog Archive

  • ▼  2013 (183)
    • ►  December (15)
    • ►  November (17)
    • ►  October (19)
    • ►  September (21)
    • ►  August (14)
    • ▼  July (17)
      • 'Like Saudi Leaving OPEC': Russians Ditch Potash C...
      • Car Talk: Detroit is Dead; Long Live S Carolina!
      • Belo Monte, Brazil's "Ethical Megadam"
      • Private Banking: When Will Asia Overtake Europe?
      • PRC TV Drama Viewership: The Int'l Pecking Order
      • In Detroit We Glimpse America's Future
      • When the IMF [Hearts] Capital Controls: PRC Case
      • Badluck Shinawatra's Failed Global Thai Rice Empire
      • Meet America's #2 Jetliner Company...Airbus S.A.S.
      • Latest US China-Bashing: Hog Farm Protectionism
      • Is the 2013 US Farm Bill "WTO Legal"? Nope
      • Forcing Argentines to Accept Evita Peron Bank Notes
      • The Futility of Democracy, Egypt Edition
      • Tennis Diplomacy? ROC-PRC Wimbledon Doubles Champs
      • WSJ: What Egypt Needs is Its Pinochet
      • Agents of Imperialism? Bolivia Expelled USAID
      • With (Spying) Friends Like US, Who Needs US-EU FTA?
    • ►  June (16)
    • ►  May (8)
    • ►  April (9)
    • ►  March (13)
    • ►  February (14)
    • ►  January (20)
  • ►  2012 (242)
    • ►  December (21)
    • ►  November (25)
    • ►  October (15)
    • ►  September (17)
    • ►  August (20)
    • ►  July (16)
    • ►  June (17)
    • ►  May (21)
    • ►  April (16)
    • ►  March (20)
    • ►  February (26)
    • ►  January (28)
  • ►  2011 (75)
    • ►  December (23)
    • ►  November (21)
    • ►  October (27)
    • ►  September (4)
Powered by Blogger.

About Me

Unknown
View my complete profile