Amid rampant inflation, Angeloz was heavily defeated by PJ candidate Carlos Menem in the 1989 election.
 By the winter of 1989, the inflation had grown so severe that Alfonsín transferred power to Menem on 8 July, five months earlier than scheduled.

Alfonsín stayed on as president of the UCR, leaving after the party's defeat in the 1991 legislative elections.
Suffering damage to its image because of the hyperinflation of 1989, the UCR lost in several districts.
Alfonsín became president of the party again in 1993.
He supported the creation of a special budget for the province of Buenos Aires, led by governor Eduardo Duhalde.
The radical legislator Leopoldo Moreau supported the new budget even more vehemently than the Peronists.
Both parties had an informal alliance in the province.
Alfonsín also supported the amendment to the constitution of Buenos Aires that allowed Duhalde to run for re-election.

President Carlos Menem sought a constitutional amendment to allow his re-election, and Alfonsín opposed it.
The victory in the 1993 midterm elections strengthened the PJ, which approved the bill in the Senate.
Menem proposed a referendum on the amendment, to force the radical deputies to support it.
He also proposed a bill for a law that would allow a constitutional amendment with a simple majority of the Congress.
As a result, Alfonsín made the Pact of Olivos with him.
With this agreement, the UCR would support Menem's proposal, but with further amendments that would reduce presidential power.
The Council of Magistracy of the Nation reduced the influence of the executive power over the judiciary, the city of Buenos Aires would become an autonomous territory allowed to elect its own mayor, and the presidential term of office would be reduced to four years.
The presidential elections would include the two-round system, and the electoral college would be abolished.
Alfonsín was elected to the constituent assembly that worked for the 1994 amendment of the Argentine Constitution.
A faction of the UCR, led by Fernando de la Rúa, opposed the pact, but the party as a whole supported Alfonsín.
The UCR got only 19% of the vote in the elections, attaining third position in the 1995 presidential elections behind the Frepaso, when Menem was re-elected.
Alfonsín resigned the presidency of the party in that year.

The UCR and the Frepaso united as a political coalition, the Alliance for Work, Justice and Education, led by Alfonsín, Fernando de la Rúa and Rodolfo Terragno from the UCR, and Carlos Álvarez and Graciela Fernández Meijide from the Frepaso.
The coalition won the 1997 legislative elections.
Alfonsín did not agree with de la Rúa about the fixed exchange rate used by then.
He thought that it had been a good measure in the past but had become detrimental to the Argentine economy, while de la Rúa supported it.

Alfonsín suffered a car crash in the Río Negro province in 1999, during the campaign of governor Pablo Verani.
They were on Route 6, and he was ejected from the car because he was not wearing a seat belt.
He was hospitalized for 39 days.
De la Rúa became president in the 1999 elections, defeating the governor of Buenos Aires, Eduardo Duhalde.
Alfonsín was elected Senator for Buenos Aires Province in October 2001.
De la Rúa resigned during the December 2001 riots, and the Congress appointed Adolfo Rodríguez Saá, who resigned as well.
Alfonsín instructed the radical legislators to support Duhalde as the new president.
He also gave him two ministers, Horacio Jaunarena for Defense and Jorge Vanossi for Justice.
The radical support helped Duhalde overcome the ambitions of Carlos Ruckauf and José Manuel de la Sota, who also had ambitions to be appointed president.
Alfonsín's health problems later in the year led him to step down, to be replaced by Diana Conti.

In 2006, Alfonsín supported a faction of the UCR that favoured the idea of carrying an independent candidate for the 2007 presidential elections.
The UCR, instead of fielding its own candidate, endorsed Roberto Lavagna, a center-left economist who presided over the dramatic recov
Amid rampant inflation, Angeloz was heavily defeated by PJ candidate Carlos Menem in the 1989 election.  By the winter of 1989, the inflation had grown so severe that Alfonsín transferred power to Menem on 8 July, five months earlier than scheduled.
Alfonsín stayed on as president of the UCR, leaving after the party's defeat in the 1991 legislative elections. Suffering damage to its image because of the hyperinflation of 1989, the UCR lost in several districts. Alfonsín became president of the party again in 1993. He supported the creation of a special budget for the province of Buenos Aires, led by governor Eduardo Duhalde. The radical legislator Leopoldo Moreau supported the new budget even more vehemently than the Peronists. Both parties had an informal alliance in the province. Alfonsín also supported the amendment to the constitution of Buenos Aires that allowed Duhalde to run for re-election.
President Carlos Menem sought a constitutional amendment to allow his re-election, and Alfonsín opposed it. The victory in the 1993 midterm elections strengthened the PJ, which approved the bill in the Senate. Menem proposed a referendum on the amendment, to force the radical deputies to support it. He also proposed a bill for a law that would allow a constitutional amendment with a simple majority of the Congress. As a result, Alfonsín made the Pact of Olivos with him. With this agreement, the UCR would support Menem's proposal, but with further amendments that would reduce presidential power. The Council of Magistracy of the Nation reduced the influence of the executive power over the judiciary, the city of Buenos Aires would become an autonomous territory allowed to elect its own mayor, and the presidential term of office would be reduced to four years. The presidential elections would include the two-round system, and the electoral college would be abolished. Alfonsín was elected to the constituent assembly that worked for the 1994 amendment of the Argentine Constitution. A faction of the UCR, led by Fernando de la Rúa, opposed the pact, but the party as a whole supported Alfonsín. The UCR got only 19% of the vote in the elections, attaining third position in the 1995 presidential elections behind the Frepaso, when Menem was re-elected. Alfonsín resigned the presidency of the party in that year.
The UCR and the Frepaso united as a political coalition, the Alliance for Work, Justice and Education, led by Alfonsín, Fernando de la Rúa and Rodolfo Terragno from the UCR, and Carlos Álvarez and Graciela Fernández Meijide from the Frepaso. The coalition won the 1997 legislative elections. Alfonsín did not agree with de la Rúa about the fixed exchange rate used by then. He thought that it had been a good measure in the past but had become detrimental to the Argentine economy, while de la Rúa supported it.
Alfonsín suffered a car crash in the Río Negro province in 1999, during the campaign of governor Pablo Verani. They were on Route 6, and he was ejected from the car because he was not wearing a seat belt. He was hospitalized for 39 days. De la Rúa became president in the 1999 elections, defeating the governor of Buenos Aires, Eduardo Duhalde. Alfonsín was elected Senator for Buenos Aires Province in October 2001. De la Rúa resigned during the December 2001 riots, and the Congress appointed Adolfo Rodríguez Saá, who resigned as well. Alfonsín instructed the radical legislators to support Duhalde as the new president. He also gave him two ministers, Horacio Jaunarena for Defense and Jorge Vanossi for Justice. The radical support helped Duhalde overcome the ambitions of Carlos Ruckauf and José Manuel de la Sota, who also had ambitions to be appointed president. Alfonsín's health problems later in the year led him to step down, to be replaced by Diana Conti.
In 2006, Alfonsín supported a faction of the UCR that favoured the idea of carrying an independent candidate for the 2007 presidential elections. The UCR, instead of fielding its own candidate, endorsed Roberto Lavagna, a center-left economist who presided over the dramatic recov
Raúl Alfonsín