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Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
In addition, foreign banks regulated credit in Argentina and controlled the international transport of Argentine exports. [7] By 1946, Argentina found itself with significant reserves of gold and foreign currencies originating from exports during the World War II. The accumulation of a favorable balance in the trade balance in the form of gold ...
These de facto dictators termed their government program the "National Reorganization Process"; and "Dirty War" (Spanish: guerra sucia) is the name used by the military junta or civic-military dictatorship of Argentina (Spanish: dictadura cívico-militar de Argentina) for this period of state terrorism in Argentina [56] as part of Operation Condor.
Argentina, for example, experienced a sharp decline in trade as the Allied Powers diverted their products elsewhere, and Germany became inaccessible. With the suspension of the gold standard for currencies, movement of capital was interrupted and European banks called in loans to Latin America, provoking domestic crises.
Colonial Argentina is designated as the period of the History of Argentina when it was an overseas territory of the Spanish Empire. It begins in the Precolumbian age of the indigenous peoples of Argentina , with the arrival of the first Spanish conqueror.
Argentina's central bank bought $190 million in foreign exchange markets over the past week to weaken its peso currency, a radical change from just months ago when it was spending billions to prop ...
During the 16th-century Spanish explorers and conquerors attempt to found settlements in the Strait of Magellan, Pedro de Valdivia proposed the extension of the governorship of Chile to the strait, which was granted, and prior to this, he continued his expeditions in a southerly direction to found a settlement in the place, something that did not materialize when he encountered the araucanos.
The painful economic steps that Argentina's new president, Javier Milei, announced this week sound draconian: Slashing the currency's value in half. Inflation in Argentina has hit 161%. Its debts ...