StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy - Case Study Example

Comments (0) Cite this document
Summary
"Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy" paper compares trends and economic data from primary sources in order to substantiate the statement. In order to understand the level of integration of Argentina, the paper examines economic variables…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy
Read TextPreview

Extract of sample "Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy"

Download file to see previous pages The first period being the years 1980-1990 and the second the last five years. When we say economic variables the variables are classified the following heads:

Long-run economic growth: This includes the levels of income and poverty, the main engines of growth, capital, and labor. Secondly, aspects of research and development for progress and sustained economic growth, and lastly the investment and development of institutions and infrastructure.

Labour markets: The labor and workforce in the country the unemployment rate which is a primary indicator of the economic growth and disposable income of the country. The details of the real wage rate, and the prospects of offshoring and outsourcing business activities in the country.

The exchange rate and monetary policy: The interest and exchange rate of the country which determines the money supply in the economy plays a vital role and is the blood of every economy. The role of the central bank and the monetary policy followed in the two periods and the involvement of large global economic institutions like the IMF and World Bank which bails out several troubled economies.

The above-mentioned variables when discussed will provide a wholesome and comprehensive view of the Argentinean economy and the impacts of globalization. Going forward the paper will continue to substantiate and compare data and trends under the above-mentioned headings. In order to understand the difference in the economic situation in the two periods it is important to adjudge the scenario by using one single parameter to compare and at the same time one that relates all other economic aspects. A country’s growth economically is always measured in its GDP per head and the first variable will compare the GDP per head at current prices in the two different periods.

Long-run economic growth: Find below charts for two periods 1980-1990 and 2003-2007. The charts are a comparative study and the figures have been taken from the UN statistics online. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Economic Stability of Argentina in the Path of Globalization and Its Case Study, n.d.)
Economic Stability of Argentina in the Path of Globalization and Its Case Study. https://studentshare.org/macro-microeconomics/1720390-argentina
(Economic Stability of Argentina in the Path of Globalization and Its Case Study)
Economic Stability of Argentina in the Path of Globalization and Its Case Study. https://studentshare.org/macro-microeconomics/1720390-argentina.
“Economic Stability of Argentina in the Path of Globalization and Its Case Study”. https://studentshare.org/macro-microeconomics/1720390-argentina.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy

Argentina Economy - Analysis Project

... sectors have grown in importance (Paolera & Taylor 88).1 Prior to the 1880s, the country relied on the salted meat, leather, hide, and wool industries for the larger component of its foreign trade and the generation of local income and earnings. Over the years, the country has experienced economic expansion in the various sectors. Argentina is among the international principal producers of agricultural commodities. The country is amongst the top producers and exporters of fruits and vegetables, maize, soybeans, honey, wheat and sorghum among others. In 2010, the agriculture sector accounted for 9 percent of the Gross Domestic Product (Paolera & Taylor 90).2 The2 manufacturing sector of the economy accounts for 19 percent of the country’s...
13 Pages(3250 words)Research Paper

Economic Crisis in Argentina

...?Economic Crisis in Argentina: Argentina is a largest Spanish speaking country in the world with a population just above 40 million Argentina – Data”). The country saw a great economic boom in the 1970s when the economy was industrialized and large amount of foreign investments poured in the country. Economist recognized it as the emerging economies of the era along with Canada and Australia. Argentina now has the highest GDP per capita in the Latin America with a growth rate of almost 7 % in the year 2009 (“Argentina – Data”). The Crisis: The country went through difficult times in the late 1990s and early years of twenty-first century when it saw a great economic crunch. The shift from dictatorship to ‘real’ democracy did not yield...
6 Pages(1500 words)Essay

Argentina and Its Economy

... Argentina and Its EconomyArgentina is the second largest and most populous country in South America; the nation’s landscape is varied, from large metropolitan cities to fertile Pampas of the south and west which are rich in agricultural and livestock husbandry practices, respectively, that support the population. Buenos Aires, the nation’s capital city has a population of more than 14 million people, who are enjoying a metropolitan lifestyle. This nation is a viable market for our company’s range of vehicle production as the metropolitan cities’ population presents a sizeable potential market for our company’s line of sophisticated cars and motorcycles series, while the rural south and west provide a market for farming machinery...
9 Pages(2250 words)Term Paper

Analysis of Argentina Economic Recovery

... Analysis of Argentina Economic Recovery Economic trends of various countries attract interest of International Monetary Fund observers and other economists who intend to initiate economic progresses. Media and western critics have not given attention to economic growth of Argentina, but it is one of the world best recovered economies. 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. Resent observation made by IMF indicates that Argentina has been able to recovery...
4 Pages(1000 words)Research Paper

Argentina Economy

.... ( (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 between 0-10,where 0 being highly corrupt and 10 being clean. Argentina had a score of 3.0 in 2011 being at a rank of 100 out of 182, indicating clearly the high level of corruption in the country. (Transparency International, 2011) Corruption has always been a major concern for Argentina and many analysts believe that it is one of the major reasons of Argentine removal from the top 10 economies of the world. If rampant corruption is addressed and taken care of, the country...
5 Pages(1250 words)Research Paper

Globalization. Globalization In Economic

..., entities are taking advantage of the internet to launch their virtual presence in the worldwide marketplace. In most cases globalization is linked to modernization whereby there is transformation of developing nations into developed ones. Internationally, globalization is analyzed in terms of the challenges to the global economy and economic issues in general. There have heated discussions of globalization and its advantages and disadvantages. There have been numerous benefits accruing from the process such as increased trade among nations and dissemination of information world over (Knickerbocker 45). On the flip side there have been drawbacks associated with the process including exploitation of the poor nations, erosion of traditional...
5 Pages(1250 words)Research Paper

An overview of Argentina`s Economy and the State of its Economic Progress

?s interim President, Adolfo Rodriguez Saa, announced a default on foreign debt of the government, which was the largest in the country’s economic history. Adolfo stepped down just a few days after assuming office. In early 2002, Adolfo’s successor, Eduardo Duhalde put to an end the pegging of the peso to the United States dollar. During that year (2002), Argentina’s economy declined with real Gross Domestic Product (GDP) at 18 percent smaller than GDP in 1998. Approximately 60 percent of Argentines fell below poverty line in the same year. However, Argentina’s real GDP bounced back and achieved annual growth rate of 8.5 percent from 2003 to 2008. This rebound was attributed to increased industrial capacity and literate workforce....
4 Pages(1000 words)Research Paper

How to Encourage Economic Stability

Micro and Macro Economics The major economic problem facing economists is the allocation of the scarce resources in the most efficient manner. Scarce resources are those that are inadequate to meet all the needs of the society and should therefore be allocated in the most efficient ways (Bidard 63). Land, labor and capital constitutes the factors of production that are scarce and that should be allocated to stir economic growth and solve the fundamental economic problems. Before allocating the scarce resources, the economist must ask the following five questions are what to produce? How to produce? How to promote economic stability? How to encourage economic stability? Whom to distribute to?
In answering the questions above,...
2 Pages(500 words)Essay

Economic globalization of Argentina

...Economic Globalization of Argentina Jumana Salameh Dr. Marissa Brookes POSC 160 11 March Introduction The economic environment of Argentina changed with the developing globalization that began over the last two decades. Looking into Argentina’s past, the formerly closed economy later opened, allowing its economic integration to the global economy. The structural reforms carried out in Argentina in the 90s set its economy on a path to sustained growth, after the country’s financial difficulties and poor economic performance that resulted to hyperinflation towards the end of the 80’s. Argentina undertook plans that led to financial systems, tax and public sector reforms, capital movement, and trade liberalization along the 90s...
6 Pages(1500 words)Essay

Globalization, the World Economy, and Multinational Enterprises

Globalization, the World Economy, and MNEs Mini Essay Globalization, the World Economy, and MNEs Mini Essay Research in Motion (RIM)Limited was a leading mobile telecommunications market in 2008. In the year 1984, Mike Lazaridis, a student from the University of Waterloo, founded RIM. RIM is popular for the design, production and sales of the Blackberry products that recently hit the 14 million-subscriber mark worldwide. This translates to over $6 billion revenue generated. Back in early 2008, RIM was among the lists of Canadian largest companies commanding a market capitalization of around $69.4 billion (Gangopadhyay, 2005; Pg. 141). For RIM effectively manages the expansion into the foreign markets, the following options have to...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy for FREE!

Contact Us