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Essay / Research Paper Abstract
A 5 page paper discussing Argentina’s economic difficulties in 2002. The Import Substitution Industrialization (ISI) method can be blamed in part for retarding economic growth. Once Argentina weathers the current economic recession, it will once again be poised to overcome the economic problems of the past. ISI likely will not be a part of future focus. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSargenEconGro.rtf
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Unformatted sample text from the term paper:
in South America, Argentina has flirted with socialist leanings for decades. The will of the people seems to be rejection of socialism, but to date, capitalism has failed to
effect positive, lasting change in Argentina. The country has struggled to bring its economy under control for years. The Import Substitution Industrialization (ISI) method can be blamed in
part for retarding economic growth. Political Development As is the case with most South American
nations, Argentina formerly was a colony of Spain. It gained its independence in 1816 only to embark on a long history of struggle between civilian and military factions further
colored by conservative and liberal debates. Juan Peron assumed the role of dictator after World War II; a military junta took control in 1976 (Argentina, 2000). Democracy emerged
in 1983; there have been four free elections in the ensuing years. The primary political system is that of democracy. Argentina has
had economic difficulties for years, and the government recently announced several austerity programs designed to bolster the economy. Argentina has been experiencing a recession in which it has lost
at least 3 percent of its former gross domestic product (GDP) growth (Argentina, 2000), but the democratic government remains committed to capitalism.
Economic Growth All of South America has experienced economic difficulties in recent years; some nations have found it necessary to deal with hyperinflation
in the past. Argentina has been able to maintain a more stable economic environment than has some of its neighbors, but that is not to say that the economy
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