[Subject Code] Argentina Economy Argentina enjoys a very strong position in South America having the third largest economy in the continent. Being the second largest country in Latin America and a very high population size, the country promises great potential for growth in the long run.The official currency is the Argentine Peso (ARS).With a high percentage of literate population the opportunities are endless…
Download file to see previous pages...
GDP Per Capita Source: (tradingeconomics.com; Argentina GDP Per Capita; Retrieved: 2nd April 2012) Analyzing the ten years, we clearly see that the overall trend of per capita GDP has been rising. The per capita GDP has approximately doubled in the last ten years from $6300 to around $10,800 in 2011. We do see that the economic slow down had an effect on Argentina since its growth stagnated between 2009-2010 but has risen considerably since. The overall outlook for 2012 is also very positive. Inflation Rate: Source: (tradingeconomics.com; Argentina Inflation Rate; Retrieved: 2nd April 2012) Argentina has always been ridden with high inflation issues. Specially at the start of the millenium the CPI figures were sky high around 40% .The dramatic decrease in CPI was because of devaluation of its currency. Since then various measures have been underway to keep the inflation rate in and around 10%. Although some unofficial figures state that inflation is twice as much, around 25%. The inflation issue continues to be a main concern for the country and measures are to be taken with repect to this to ensure any further growth in the country. UnEmployment Rate: Source: ( tradingeconomics.com; Argentina Unemployement Rate; Retrieved: 2nd April 2012) The overall umployement figures for Argentina have been impressive. Unemployement was very high in 2002 around 21%. Since then, there has been a steady decline in unemployement rate to around 7% in 2012. The unemployement numbers have decreased which certainly is a positive sign for the country which is because of the growing demand for argentinian products and growing local demand. With growing domestic as well as international demand the country is creating jobs for its citizens and the figures may get better in 2012. Source: (Indexmundi.com; Argentina Poverty Rate; Retrieved: 2nd April 2012) The poverty rate for Argentina has declined since 2003 from a staggering 48% to around 12% in 2010. The decrease in employment has largely been due to the strenghtening economy and higher opportunities for growth in manufacturing and agriculture.Argentina has now a very high Human Development Index and is now in an upper middle income economy in the world. The poverty rate does seem to be getting higher and measures need to be taken to address this issue.Population being below the poverty line was estimated at around 10% in the CIA factbook, however the figure is still alarming. Democracy Index and Level Of Corruption: A research study conducted by the Economist Intelligence Unit compiled a list of 167 democracies around the world to identify their level of democrarcy based on a number of factors most notably; political participation,civil liberties,and functioning of the government. In this survey Argentina was placed at number 51 of the 167 countries with an index of 6.84 which translated to flawed democracy. 10 being the highest, full democracy and 0 being authoritarion regimes. ( (Kekic) The country has democratically elected governement although there are some flaws in the system that have made its democracy level go down a bit. The transparency International conducted a study to identify corrupt and non corrupt nations by providing an index
...Download file to see next pagesRead More
Cite this document
(“Argentina Economy Research Paper Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1446714-argentina-economy
(Argentina Economy Research Paper Example | Topics and Well Written Essays - 1250 Words)
“Argentina Economy Research Paper Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/macro-microeconomics/1446714-argentina-economy.
As an upper middle-income country, Argentina demonstrates the features of a strong foundation for future market size growth, increases in foreign direct investment, and an augment in the percentage of high technology exports as a share of the entire manufactured products.
Portugal has a higher GNI compared to Argentina. However, it also experiences the same trend in GNI changes as Portugal. For example, its GNI rose from 22,180 in 2006 to 23,360 in 2007 and 24,100 in 2008. In 2009, this figure slightly dropped to 24,080 (IMF, 2010).
Economists described the 1998-2002 Argentina’s economic meltdown as one of the worst economic period that Argentina has ever faced over the last one hundred years. Fiscal policies usually influence financial stability of a country. Financial collapse witnessed in Argentina was a set back to the countries economic growth.
A Critique on What Determines Humanity and Right to Life Introduction The author of this article supports abortion and bases the argument on the characterization of a person as human or not on the moral sense. I disagree with the author’s perspective due to the inconsistent and biased way the article accords the traits that dictate if an entity is human on the moral sense.
However, true formation of the Argentinean nation began after their independence that was a period marred with civil wars. It was during this time that Juan Manuel de Rosas came into power. He was born into a family that had wealth and power (Sarmiento, Mann & Stavans 7).
As shown in the essay, Argentina is endowed with enormous amount of resources including fertile agricultural land and has an export-oriented agricultural sector. Despite these natural resources, economic performance of Argentina has not been stable in the last decades. The country is characterised by income inequality and high rates of poverty.
Globalization is seen as a process involving interchange of world views through interaction and integration of all the individuals of different part of the world. It also refers to the effect of two or more things that come together for some time; this is mostly witnessed in human being’s behavior involving movement from one place to another.
The collapse of Argentina’s economy in December 2001 indicated the failure of neoliberalism among developing countries to provide equitable and sustainable economic growth. This paper focuses on a brand new economic nationalism, introduced after the 2002 crisis. The relative success of the new economic policies is considered in the research paper.
This study focuses to provide an analysis of the impact of 17criterias to the UNIQLO Company. The first criteria entail population demographics. It can be observed that the argentine population in 2013 increased to 414462. The overall impact of an
According to the report natural resources were believed to key to development. Any country lucky enough to discover substantial and diverse natural resources would have a higher chance of attaining rapid economic growth compared to other countries. Countries cited to have achieved development through the exploitation of its natural resources.
6 Pages(1500 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Research Paper on topic Argentina Economy for FREE!