Argentina marginalized

L’Argentine marginalisée

Pierre Salama
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Pierre Salama: CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique

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Abstract: The marginalization of the Argentina comes from far away. While in 1913, income per head of the Argentina correspond to 65% of that of Britain, in 1945 it was still 60% to spend in 2001 to 39 percent. Comparison with income per head of the Spaniards is even more eloquent: 393% in 1913, 290% in 1945 and 51% in 2001. The per capita income for the Argentine went thus from four times that of the Spaniards to a little more than half. Today it is again in crisis and same time inflation starts rising. Its gross domestic product (GDP) growth is negative. Despite the rebound, the Argentina's deindustrializes. The level of labour productivity, growth are very low, especially when compared to those of other emerging Asian countries. Worse, the dispersion around the average is very pronounced, rather than those observed in developed countries. It is also the same wages. The purpose of this article is to analyze the causes of marginalization and the persistance of inflation during the last 15 years.

Keywords: economic development; trade policy; industrialization; comparatives studies of countries; poverty; middle class; économie du développement; politique commerciale; insertion internationale; industrialisation; étude comparative; pauvreté; classes moyennes (search for similar items in EconPapers)
Date: 2016-12-09
New Economics Papers: this item is included in nep-his
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