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Facts about Argentina

Located in South America, Argentina is a beautiful and passionate place. This page covers the facts about Argentina.

Facts about Argentina

Europeans arrived in the region with the 1502 voyage of Amerigo Vespucci. Spanish navigator Juan Diaz de Solias visited what is now Argentina in 1516. Spain established a permanent colony on the site of Buenos Aires in 1580, although initial settlement was primarily overland from Peru. The Spanish further integrated Argentina into their empire by establishing the Vice Royalty of Rio de la Plata in 1776, and Buenos Aires became a flourishing port.

Buenos Aires formally declared independence from Spain on July 9, 1816. Argentines revere Gen. Jose de San Martin, who campaigned in Argentina, Chile, and Peru as the hero of their national independence. Following the defeat of the Spanish, centralist and federationist groups waged a lengthy conflict between themselves to determine the future of the nation. A modern constitution was promulgated in 1853, and a national unity government was established in 1861.


Two forces combined to create the modern Argentine nation in the late 19th century: the introduction of modern agricultural techniques and integration of Argentina into the world economy. Foreign investment and immigration from Europe aided this economic revolution. Investment, primarily British, came in such fields as railroads and ports. The migrants who worked to develop Argentina's resources, especially the western pampas, came from throughout Europe.

From 1880 to 1930, Argentina became one of the world's 10 wealthiest nations based on rapid expansion of agriculture and foreign investment in infrastructure. Conservative forces dominated Argentine politics until 1916, when their traditional rivals, the Radicals, won control of the government. The Radicals, with their emphasis on fair elections and democratic institutions, opened their doors to Argentina's rapidly expanding middle class as well as to groups previously excluded from power.

The Argentine military forced aged Radical President Hipolito Yrigoyen from power in 1930 and ushered in another decade of Conservative rule. Using fraud and force when necessary, the governments of the 1930s attempted to contain the currents of economic and political change that eventually led to the ascendance of Juan Domingo Peron. New social and political forces were seeking political power, including a modern military and labor movements that emerged from the growing urban working class.

The military ousted Argentina's constitutional government in 1943. Peron, then an army colonel, was one of the coup's leaders, and he soon became the government's dominant figure as Minister of Labor. Elections carried him to the presidency in 1946. He aggressively pursued policies aimed at empowering the working class and greatly expanded the number of unionized workers. In 1947, Peron announced the first 5-year plan based on the growth of industries he nationalized. He helped establish the powerful General Confederation of Labor (CGT). Peron's dynamic wife, Eva Duarte de Peron, known as Evita (1919-52), played a key role in developing support for her husband.

Peron won reelection in 1952, but the military sent him into exile in 1955. In the 1950s and 1960s, military and civilian administrations traded power, trying, with limited success, to deal with diminished economic growth and continued social and labor demands. When military governments failed to revive the economy and suppress escalating terrorism in the late 1960s and early 1970s, the way was open for Peron's return.

On March 11, 1973, Argentina held general elections for the first time in 10 years. Peron was prevented from running, but voters elected his stand-in, Dr. Hector Campora, as President. Peron's followers also commanded strong majorities in both houses of Congress. Campora resigned in July 1973, paving the way for new elections. Peron won a decisive victory and returned as President in October 1973 with his third wife, Maria Estela Isabel Martinez de Peron, as Vice President. During this period, extremists on the left and right carried out terrorist acts with a frequency that threatened public order. The government resorted to a number of emergency decrees, including the implementation of special executive authority to deal with violence. This allowed the government to imprison persons indefinitely without charge.

Peron died on July 1, 1974. His wife succeeded him in office, but a military coup removed her from office on March 24, 1976, and the armed forces formally exercised power through a junta composed of the three service commanders until December 10, 1983. The armed forces applied harsh measures against terrorists and many suspected of being their sympathizers. They restored basic order, but the human costs of what became known as "El Proceso," or the "Dirty War" was high. Conservative counts list between 10,000 and 30,000 persons as "disappeared" during the 1976-83 period. Serious economic problems, mounting charges of corruption, public revulsion in the face of human rights abuses and, finally, the country's 1982 defeat by the United Kingdom in an unsuccessful attempt to seize the Falklands/Malvinas Islands all combined to discredit the Argentine military regime. The junta lifted bans on political parties and gradually restored basic political liberties.

On October 30, 1983, Argentines went to the polls and chose Raul Alfonsin, of the Radical Civic Union (UCR), as President. He began a 6-year term of office on December 10, 1983. However, failure to resolve endemic economic problems, and an inability to maintain public confidence undermined the effectiveness of the Alfonsin government, which left office 6 months early after Peronist candidate Carlos Saul Menem won the 1989 presidential elections.

President Menem imposed peso-dollar parity (convertibility) in 1992 to break the back of hyperinflation and adopted far-reaching market-based policies. Unfortunately, widespread corruption in the administrations of President Menem and President Fernando De la Rua (elected in 1999) shook confidence and weakened the recovery. Also, while convertibility defeated inflation, its permanence undermined Argentina's export competitiveness and created chronic deficits in the current account of the balance of payments, which were financed by massive borrowing. The contagion effect of the Asian financial crisis of 1998 precipitated an outflow of capital that gradually mushroomed into a 4-year depression that culminated in a financial panic in November 2001. In December 2001, amidst bloody riots, President De la Rua resigned and Argentina defaulted on $88 billion in debt, the largest sovereign debt default in history.

President Nestor Kirchner took office on May 25, 2003 following the immense social and economic upheaval stemming from the financial crisis caused by a failed currency convertibility regime. President Kirchner won a major victory in the October 23, 2005 legislative elections, giving him a strengthened mandate and a stronger position in the Senate and Chamber of Deputies as he attempts to set Argentina's economic course and consolidate the impressive economic recovery of the past three years.



Facts about Argentina - People

Argentines are a fusion of diverse national and ethnic groups, with descendants of Italian and Spanish immigrants predominant. Waves of immigrants from many European countries arrived in the late 19th and early 20th centuries. Syrian, Lebanese, and other Middle Eastern immigrants number about 500,000, mainly in urban areas. Argentina's population is overwhelmingly Catholic, but it also has the largest Jewish population in Latin America, estimated between 280,000 to 300,000 strong, and is home to one of the largest Islamic mosques in Latin America.

In recent years, there has been a substantial influx of immigrants from neighboring Latin American countries. The indigenous population, estimated at 700,000, is concentrated in the provinces of the north, northwest, and south. The Argentine population has one of Latin America's lowest growth rates. Eighty percent of the population resides in cities or towns of more than 2,000, and over one-third lives in the greater Buenos Aires area. With 13 million inhabitants, this sprawling metropolis serves as the focus for national life. Argentines enjoy comparatively high standards of living; however, following the economic crisis in 2002, 38.5% of the population was still living below the poverty line in the 28 largest urban areas as of June 2005.

Facts about Argentina - Government

Argentina's constitution of 1853, as revised in 1994, mandates a separation of powers into executive, legislative, and judicial branches at the national and provincial level. Each province also has its own constitution, roughly mirroring the structure of the national constitution. The president and vice president are directly elected to 4-year terms. Both are limited to two consecutive terms; they are allowed to stand for a third term or more after an interval of at least one term. The president appoints cabinet ministers, and the constitution grants him considerable power, including authority to enact laws by presidential decree under conditions of "urgency and necessity" and the line-item veto.

Since 2001, senators have been directly elected, with each province and the Federal Capital represented by three senators. Senators serve 6-year terms. One-third of the Senate stands for reelection every 2 years. Members of the Chamber of Deputies are directly elected to 4-year terms. Voters elect half the members of the lower house every 2 years. Both houses are elected via a system of proportional representation. Female representation in Congress--at nearly one-third of total seats--ranks among the world’s highest, with representation comparable to European Union (EU) countries such as Austria and Germany.

The constitution establishes the judiciary as an independent government entity. The president appoints members of the Supreme Court with the consent of the Senate. The president on the recommendation of a magistrates' council appoints other federal judges. The Supreme Court has the power to declare legislative acts unconstitutional.

Facts about Argentina - Economy

Argentina's economy began a recovery in March 2002 that has been far more impressive and robust than anticipated by leading international and domestic analysts. An export-led boom triggered three consecutive years of 8-9% growth in real gross domestic product (GDP). Industrial activity and construction activity also performed well, growing 6.5% and 18.5%, respectively, during January-October 2005. Tourism activity boomed: Argentina received 3.7 million foreign tourists in 2005, another record high. The expansion is creating jobs, and unemployment dipped from 20.4% in the first quarter of 2003 to 11.1% in the third quarter of 2005. Investment in real terms jumped 34%, and capital flight has reversed. A higher tax burden and the recovery’s strong impact on revenue levels let the Government of Argentina achieve an exceptional 3.6% of GDP primary fiscal surplus, in spite of a 19% real growth in public expenditure during January-October 2005.

Facts about Argentina – Hard Facts

Argentina covers roughly 1.1 million square miles and is the second largest country in South America. Due to its unique location, practically every climate imaginable can be found in some part of the country.

The people of Argentina are known as “Argentines.” The total estimated population is 38.6 million and grows at half a percent each year. The ethnicity of Argentines is 97 percent European and 3 percent non-white. Argentines are overwhelmingly Roman Catholics, with 92 percent members of the faith. The primary language spoken is Spanish and the literacy rate is 97 percent. The life expectancy rate is 75.8 years.

As these facts about Argentina show, the country has had a volatile history. Things seem to have calmed for the moment, but the soap opera that is Argentina politics rarely stays stable for long.

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