Economic history of Argentina assumed power, inflation was equivalent to an annual rate of 5000%, and output had declined sharply. In 1976, the era of import substitution was ended, and the government lowered import barriers, liberalized restrictions on foreign borrowing, and supported the peso against foreign currencies. That exposed the fact that domestic firms could not compete with foreign imports because of the overvalued currency and long-term structural problems. A financial reform was implemented that aimed both to liberalize capital markets and to link Argentina more effectively with the world capital market. After the relatively stable years of 1976 to 1978, fiscal deficits started
Footballer of the Year of Argentina Footballer of the Year of Argentina The Footballer of the Year of Argentina (in Spanish: "Olimpia de Plata al Mejor Futbolista", that literally translates to "Silver Olimpia to the Best Footballer) is a yearly award given by the Argentine Sports Journalists' Circle ("Círculo de Periodistas Deportivos de la República Argentina") as one of the Olimpia Awards, the most important sports award in Argentina. The "Olimpia" is awarded in the sport of association football (a.k.a. soccer), and, since 2008, is shared by the best player of the local league (who wins the "Olimpia de Plata al Fútbol Local") and the best