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Topic: Economy of Argentina

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In the News (Thu 23 May 19)

  Argentina - Wikipedia, the free encyclopedia
The Argentine Republic (Spanish: República Argentina, IPA [reˈpuβlika aɾxɛnˈtina]) is a country in South America, situated between the Andes peaks in the west and the southern Atlantic Ocean in the east and south.
Argentina's parliament is the bicameral National Congress or Congreso de la Nación, consisting of a Senate (Senado) of 72 seats and a Chamber of Deputies (Cámara de Diputados) of 257 members.
Argentina is currently prompting the Mercosur as its first external priority, contrasting with the 1990s' emphasis in the relationship with the United States.
en.wikipedia.org /wiki/Argentina   (3416 words)

 Economy of Argentina - Wikipedia, the free encyclopedia
Because Argentina's economy relied so heavily on foreign credit and a demand for its agricultural products, it was particular susceptible to these periods of volatility, which brought about severe repercussions for the country's economic growth.
The opening of the economy and the deregulation of the labour market also fostered unemployment, which went from less than 7% in 1991 to over 12% in 1994, then increased sharply propelled by the Mexican shock, and remained afterwards always over 12%.
The poverty rate of Argentina grew from an already high 35.9% in May 2001 to a peak of 57.5% in October 2002; the last official report is 33,8% for the second semester of 2005, which means the country has just returned to pre-crisis levels.
en.wikipedia.org /wiki/Economy_of_Argentina   (2772 words)

 Argentina on Encyclopedia.com   (Site not responding. Last check: 2007-10-08)
Argentina is bordered by Chile on the west, Bolivia and Paraguay on the north, Brazil and Uruguay on the northeast, and the Atlantic Ocean on the east.
The chief rivers of Argentina are the Paraná with its tributary, the Salado; the Colorado River; the Río Negro; and the Chubut.
In N Argentina the Gran Chaco, with the physiographically similar Mesopotamia (between the Paraná and Uruguay rivers), is a predominantly flat alluvial plain with a subtropical climate.
www.encyclopedia.com /html/section/Argentin_Economy.asp   (5212 words)

 Argentina. The Columbia Encyclopedia, Sixth Edition. 2001-05   (Site not responding. Last check: 2007-10-08)
Argentina is triangular in shape and stretches c.2,300 mi (3,700 km) from its broad northern region near the Tropic of Capricorn to Tierra del Fuego, an island shared with Chile, in the south.
Further economic measures designed to revived the ailing economy were adopted in 2001, including the pegging of the peso for imports and exports to the average value of the dollar and the euro combined, additional government austerity measures, and additional billions in IMF aid.
The economy remained in recession, however, aggravating the problems posed by the debt and by the restrictions that the IMF imposed in return for aid, and unemployment rose to around 20% at the end of 2001.
www.bartleby.com /65/ar/Argentin.html   (4742 words)

 Economy - Argentina
Argentina is a country rich in natural resources and has a large productive agricultural sector; it is one of the principal corn exporters in the world.
Argentina has a large volume of exchanges with the United States, which are the principal purchasers of manufactured goods, and with the countries of the ex Soviet Union which buy great quantities of grain.
However, after one decade of uninterrupted growth, the threat of economic chaos reappeared towards the end 2001 with a serious crisis related to the refunding of the foreign debt, accompanied by riots in the capital.
www.abc-latina.com /us/argentina/economy.htm   (270 words)

 Argentina's economy dives
The Argentine economy reeled, and the government defaulted on its $141 billion foreign debt.
The goal was to intimidate protesters into silence after months of roiling dissent and to isolate the piquetero movement, which has been in the forefront of the rebellion, from the rest of the angry people of Argentina.
Argentina's Left can hasten this process by being the best fighters and organizers in the day-to-day struggles while continually promoting the need for workers and the oppressed to set a course completely independent of the capitalists and their parties — a course culminating in socialist revolution.
www.socialism.com /fsarticles/vol23no3/Argentina.html   (997 words)

 Argentina History, Government & Economy
Europeans arrived in the Argentina region with the 1502 voyage of Amerigo Vespucci.
Argentina's economy began a recovery in March 2002 that has been far more impressive and robust than anticipated by leading international and domestic analysts.
Argentina has sound fundamentals and should continue to perform well in 2004, with growth projected to be in the 6%-8% range.
www.pacificcoasttravelinfo.com /argentinahistory.asp   (863 words)

 AllRefer.com - Argentina : Economy, South America (South American Political Geography) - Encyclopedia
Argentina's economy has traditionally been based on agriculture, but the industrial and service sectors have also grown in importance in recent years.
Although Argentina has a variety of minerals, they are of local importance and are not completely adequate to support the country's industries.
Argentina is a member of the Southern Cone Common Market.
reference.allrefer.com /encyclopedia/A/Argentin-economy.html   (485 words)

 argentina ministry of economy
The Government of Argentina understands that there is a need to establish a process to restructure its debt and to resume normal relations with creditors throughout the world as soon as possible.
Argentina is also fully aware that such a process had to begin with vigorous efforts to restore macroeconomic stability and engage in a dialogue with the IMF and other multilateral organizations with a view to developing an economic program that would lead to renewed growth.
The important message that Argentina wishes to deliver to its creditors is that it intends to offer each and every bondholder equitable treatment, whether such bondholder is an individual or an institution, and regardless of whether such bondholder belongs to a bondholders' group or association.
www.emta.org /ndevelop/newdev062603.htm   (669 words)

 Argentina's Embattled Economy
Argentina's Embattled Economy BUENOS AIRES, Argentina--According to economist Javier de Villanueva, "If there isn't a way to grow out of the debt, then there's a problem." In Argentina, where per capita income has been eroded to 1960- era levels, there is a problem.
Argentina, with its well-developed economy, infrastructure and social service system, is not a stereotypical impoverished, "Third World" debtor nation struggling to provide essential services for its citizens.
The economy, if privatized, could generate a $4 billion surplus, but that is a political impossibility." The deterioration in the balance of payments, plus the public debt and tensions created by the Austral plan will, Rodriguez predicted, result in a rollover of Argentina's debt by mid-1988.
multinationalmonitor.org /hyper/issues/1988/01/mm0188_06.htm.save   (890 words)

 The Unstable Economy of Argentina, Printer Friendly Version   (Site not responding. Last check: 2007-10-08)
Argentina’s currency was at par with the dollar (one peso equals one U.S. dollar) and hence strong; other countries had devalued their currencies and the exchange rate against the dollar was much lower, that is, weak currency.
Argentina’s economy continued to shed 80,000 jobs per month and showed a 20 percent decline in industrial production during the first quarter of 2002.
The fourth was staged in May-June 2002 in the province of Misiones that borders on Paraguay and Brazil.
zmagsite.zmag.org /Jan2003/sharmaprint0103.shtml   (2370 words)

 Economy (from Argentina) --  Britannica Student Encyclopedia
The federal republic of Argentina occupies the eastern section of the Southern Cone of South America, along the Atlantic Ocean.
Known as the Islas Malvinas in Argentina and the Falkland Islands in Britain, the land had been the subject of debate between the two countries ever since Britain reclaimed the islands as a crown colony in 1833.
In the years preceding the dissolution of the union in 1991, the economy of Russia and the union as a whole was in decline.
www.britannica.com /ebi/article-196636?tocId=196636   (794 words)

 SICE - ECLAC - Economy of Argentina   (Site not responding. Last check: 2007-10-08)
The country’s economic growth was associated with the favourable international conditions that prevailed for much of the year, thanks to a ready supply of external credit and an upturn in the acquisition of goods by its neighbour, Brazil.
Upheavals in Asian financial markets had no immediate impact on Argentina’s economy, but by late October the prices of Argentine securities and equities were slipping and uncertainty was building as to the possible impact of a deteriorating situation in Brazil.
Argentina also reached an agreement with its partners for the inclusion of a 3% "statistical tax" in the external tariff.
www.sice.oas.org /geograph/westernh/97/ovarg_e.asp   (1555 words)

 Argentina's free-fall economy | csmonitor.com
Argentina is a wealthy country "that hasn't known how to turn that to the benefit of the majority," he adds.
Many of her and her husband's relatives were examples of the great social mobility machine that Argentina became for millions of immigrants who were either uneducated or came with a simple trade.
Argentina's vaunted public higher-education system - still free for top achievers like her son - is under attack.
www.csmonitor.com /2002/0211/p01s03-woam.html   (3666 words)

 Argentina's Economy Structure
Argentina's wealth has traditionally come from ranching andgrain growing, and agricultural commodities continue to be a mainstay ofArgentine exports.
A bright spot for the economy in 1996 was the agriculturalsector.
In 1998 constrution is one of the mostdynamic sectors of the economy.
www.argentour.com /economia/structure.htm   (780 words)

 Free Essay IB Essay on Argentina's Economy after World War II   (Site not responding. Last check: 2007-10-08)
Argentina held on tightly to its statements of neutrality for as long as possible and, even after declaring war on the remaining Axis powers, Germany and Japan, on March 17, 1945, she did not take an active part in the war.
Argentina had lost almost the whole of her markets in continental Europe and was confronted with huge surpluses of wheat, maize, and linseed.
His report began by stating that Argentina was undergoing "a crisis of unparalleled gravity" and went further to cite the government's failure of invest in heavy industry and infrastructure as primary reasons for this occurrence (Lewis, 272).
www.echeat.com /essay.php?t=25752   (3015 words)

 Argentina Economy
The favorable balance of payments performance and Argentina’s non-payment of its private debt obligations before the defaulted debt exchange in June 2005 allowed a strong accumulation of foreign exchange reserves, which reached nearly $26.9 billion at the end of 2005.
Argentina’s impressive recovery is a function of a number of factors.
Argentina has sound fundamentals and should continue to perform well, with growth projected to be 6% for 2006.
www.traveldocs.com /ar/economy.htm   (1049 words)

 Economy Of Argentina   (Site not responding. Last check: 2007-10-08)
If you would like to use this flag of Argentina or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Argentina or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Argentina or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/argentina_country_economy.shtml   (571 words)

 Argentina - Economy
The peso's peg to the dollar was abandoned in January 2002, and the peso was floated in February; the exchange rate plunged and real GDP fell by 10.9% in 2002, but by mid-year the economy had stabilized, albeit at a lower level.
Growth is being led by a revival in domestic demand, solid exports, and favorable external conditions.
The government boosted spending ahead of the October 2005 midterm congressional elections, but strong revenue performance will allow Argentina to exceed its primary budget surplus target for this year of 3.2 percent of GDP.
www.exxun.com /Argentina/e_ec.html   (595 words)

 Argentina,the country, its people and culture
Argentina and its Geographical regions, Hydrography and Climate
Argentina Republic is a bi-continental country, since its territory occupies part of America and a portion of Antarctica.
Argentina leads the market of sun seed oil, soy oil, horses, jojoba, lemons, honey, corn, soybean, beef cattle, wine, and hidroboracita.
www.surdelsur.com /indexingles.html   (401 words)

 Economy: Argentina Today
At the onset of the twentieth century, Argentina was among the worlds leading exporters of beef and agricultural products.
Today, Argentina faces significant problems including austerity measures, a huge foreign debt, the reduction of salaries, and rising unemployment and underemployment.
In 1995, the devaluation of the Mexican peso impacted the Argentinean economy.
lacc.fiu.edu /events_outreach/Fulbright/argentina_web/Economy.htm   (649 words)

 BBC NEWS | Programmes | Crossing Continents | Argentina's depressing economy
The ratio of dogs to dogwalkers is usually taken as an indicator of the state of the local economy.
Lurking behind every policy move is the inescapable fact that Argentina is suffocating beneath a huge burden of debt, internal and external, amounting to $130 bn.
Her father migrated to Argentina during the 1950s and worked in a factory before starting his own small business which is now on the brink of collapse.
news.bbc.co.uk /1/hi/audiovideo/programmes/crossing_continents/1639882.stm   (812 words)

 globalEDGE (TM) | country insights - Economy of Argentina   (Site not responding. Last check: 2007-10-08)
A higher tax burden and the recovery’s strong impact on revenue levels let the Government of Argentina achieve an exceptional 3.9% of GDP fiscal surplus, in spite of a 19% real growth in public expenditure during 2004.
The favorable balance of payments performance and Argentina’s non-payment of its private debt obligations before the defaulted debt exchange in June 2005, allowed a strong accumulation of foreign exchange reserves, which have reached nearly $25.5 billion, representing 11 months of current imports.
Argentina has sound fundamentals and should continue to perform well, with growth projected to be 7.4% for 2005.
globaledge.msu.edu /ibrd/CountryEconomy.asp?CountryID=98&RegionID=4   (960 words)

 Argentina - Economy   (Site not responding. Last check: 2007-10-08)
Government efforts to achieve a "zero deficit," to stabilize the banking system, and to restore economic growth proved inadequate in the face of the mounting economic problems.
The peso's peg to the dollar was abandoned in January 2002, and the peso was floated in February; the exchange rate plunged and inflation picked up rapidly, but by mid-2002 the economy had stabilized, albeit at a lower level.
Led by record exports, the economy began to recover with output up 8% in 2003, unemployment falling, and inflation reduced to under 4% at year-end.
www.classbrain.com /art_cr/publish/argentina_economy.shtml   (348 words)

 Argentina Economy   (Site not responding. Last check: 2007-10-08)
Despite this, Argentina remains one of the better off countries in South America.This article covers the current economic situation and the relatively recent economic history (from the 1990s onwards) that led to it.
The economy of the Falkland Islands was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity.
An agreement between Argentina and the United Kingdom in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves.
www.visitargentina.info /info/Argentina-Economy   (1166 words)

 Economy of Argentina
Economy - overview: Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base.
Argentina has resumed modest economic growth in 2000.
There is broad support for the key elements of Argentina's economic model.
www.fastload.org /ec/Economy_of_Argentina.html   (1846 words)

 RW ONLINE: The Collapse of Argentina's Economy: Free Market Madness   (Site not responding. Last check: 2007-10-08)
Behind the crushing crisis of the Argentine economy and the assault on the Argentine masses lie the dictates of imperialist financial institutions, primarily the International Monetary Fund (IMF), which is dominated by the United States.
Argentina was particularly hard hit by the Brazilian crisis--Brazil is one of Argentina's largest trading partners.
They answer to another's `heartbeat.' The momentum of these economies is predicated on capital infusions from and demand in the imperialist countries (what is called the center in relation to the oppressed periphery), the scope and magnitude of which depends on the overall profitability of imperialist capital.
rwor.org /a/v24/1151-1160/1152/argentina.htm   (3045 words)

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