An Economic Analysis of Argentina and Its Future

Officially known as the Argentine Republic, Argentina occupies the
majority of the southern portion of South America.Argentines have tended
to disagree about why it has been so hard for them to prosper economically
or collaborate politically. Over the years, they have claimed that it was
due to their unfortunate victimization, insisting that they were exploited
by foreigners who were always economically more powerful than themselves.
The people who ran the world economy, they said, controlled the nation’s
governments.While this interpretation of the nation’s economic condition
today is appealing because of it is simple and appears plausible, it relies
too much on a single cause to account for the way Argentines practice
politics. Furthermore, this explanation ignores the fact that countries
facing similar economic problems do not always share Argentina’s types of
political problems.Today, Argentina’s recovery from such disappointments
and its prospects for future development are based on the potential
manifested in its excellent resources and its well-educated populace (Eidt
& Calvert 2004).This paper will provide an overview of the nation of
Argentina, an examination of some of the factors underlying Argentina
current financial and economic crisis, a recommended recovery strategy,
followed by a summary of the research in the conclusion.
People/Population.The population of Argentina has experienced
enormous growth over the last century and a half, where it has witnessed a
20-fold increase since 1869, when 1.8 million people were recorded there by
thefirst census (Eidt & Calvert 2004).The country’s population growth
continued through the early part of the 20th century, but declined
thereafter as both the birth rate and immigration also began to decline.
The percentage of young people also declined during this period.Today,
Argentina’s birthrates and populati…