do you know anything about its economy? For those who answered earlier: it's eva peron, not parone. And the falklands are not UK territory. YOU FACE IT.
Anyway, I'm from argentina, so I know a lot about it, so if there's anything you wanna know, just ask.
'The economy is bad" well, that's true, but I have been reading that US Economy is not doing so great either these days.
We are known everywhere in the world for the variety of the climate, the south that looks just like switzerland, nice beaches, the iguazu falls (you should google it), tango, great steak, great wines, fruits and vegetables.
Beautiful women, (lots of blonds, unlike the rest of latin america) as a result of the mixture of european heritage, for example italian, spaniard, french, scotish and german.
Buenos aires is an awesome comopolitan city very tourist friendly.
And, just for the record, don't be scared coming here, nobody is going to mug you... just watch your stuff. Just like you do when you go anywhere else.
I think you should just come and see it by yourself. i didnt realize they had an economy Argentineans live there. Good steak. And apples. Hold on Its has lots of Italian people,
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - the largest in history - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 9% annually over the subsequent five years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation, however, reached double-digit levels in 2006 and the government of President Nestor KIRCHNER responded with "voluntary" price agreements with businesses, as well as export taxes and restraints. Multi-year price freezes on electricity and natural gas rates for residential users stoked consumption and kept private investment away, leading to restrictions on industrial use and blackouts in 2007.
GDP (purchasing power parity):
$523.7 billion (2007 est.)
GDP (official exchange rate):
$245.6 billion (2007 est.)
GDP - real growth rate:
8.5% (2007 est.)
GDP - per capita (PPP):
$13,000 (2007 est.)
GDP - composition by sector:
agriculture: 6%
industry: 29%
services: 65% (2007 est.)
Labor force:
16.1 million
note: urban areas only (2007 est.)
Labor force - by occupation:
agriculture: 1%
industry: 23%
services: 76% (2007 est.)
Unemployment rate:
8.9% (2007 est.)
Population below poverty line:
23.4% (January-June 2007)
Household income or consumption by percentage share:
lowest 10%: 1%
highest 10%: 35% (January-March 2007)
Distribution of family income - Gini index:
49 (2006)
Inflation rate (consumer prices):
8.5% official rate; actual rate may be double the official rate (2007 est.)
Investment (gross fixed):
22% of GDP (2007 est.)
Budget:
revenues: $48.99 billion
expenditures: $46.87 billion (2007 est.)
Public debt:
59% of GDP (June 2007 est.)
Agriculture - products:
sunflower seeds, lemons, soybeans, grapes, corn, tobacco, peanuts, tea, wheat; livestock
Industries:
food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel
Industrial production growth rate:
7% (2007 est.)
Electricity - production:
101.1 billion kWh (2005)
Electricity - consumption:
88.98 billion kWh (2005)
Electricity - exports:
4.14 billion kWh (2005)
Electricity - imports:
8.017 billion kWh (2005)
Oil - production:
801,700 bbl/day (2005 est.)
Oil - consumption:
480,000 bbl/day (2005 est.)
Oil - exports:
367,600 bbl/day (2004)
Oil - imports:
21,650 bbl/day (2004)
Oil - proved reserves:
2.32 billion bbl (1 January 2006 est.)
Natural gas - production:
43.76 billion cu m (2005 est.)
Natural gas - consumption:
38.79 billion cu m (2005 est.)
Natural gas - exports:
6.646 billion cu m (2005 est.)
Natural gas - imports:
1.669 billion cu m (2005)
Natural gas - proved reserves:
512.4 billion cu m (1 January 2006 est.)
Current account balance:
$7.438 billion (2007 est.)
Exports:
$54.6 billion f.o.b. (2007 est.)
Exports - commodities:
soybeans and derivatives, petroleum and gas, vehicles, corn, wheat
Exports - partners:
Brazil 17.5%, Chile 9.5%, US 8.9%, China 7.5% (2006)
Imports:
$40.26 billion f.o.b. (2007 est.)
Imports - commodities:
machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics
Imports - partners:
Brazil 34.8%, US 12.6%, China 9.1%, Germany 4.5% (2006)
Economic aid - recipient:
$99.66 million (2005)
Reserves of foreign exchange and gold:
$46.18 billion (31 December 2007 est.)
Debt - external:
$118 billion (30 September 2007)
Stock of direct foreign investment - at home:
$60.04 billion (2006 est.)
Stock of direct foreign investment - abroad:
$25.02 billion (2006 est.)
Market value of publicly traded shares:
$79.73 billion (2006)
Currency (code):
Argentine peso (ARS)
Exchange rates:
Argentine pesos per US dollar - 3.1105 (2007), 3.0543 (2006), 2.9037 (2005), 2.9233 (2004), 2.9006 (2003)
Fiscal year:
calendar year I know the capital is Buenas Aires they speak spanish. The Falklands are British. Accept it. ..."Don't cry for me Argenti-na..." That's about it. Oh, Eva Parone... Yeah. That really is the extent of my knowledge on Argentina. I love South America; Sugar cane, oil, coffee,and tourism is where they earn money.
God Bless You I there on a cruise the landscape was beautiful I saw no beggars on the street and bought some expensive jewelry for some good prices I did not investigate their economy but just google it Maggie and the UK kicked the **** out of them in the eighties over an island with 200 british citizens, and a lot of sheep.
We must have hurt their economy quite hard back then, because guns and planes cost money. I just got back from vacationing in Argentina
Argentina is a beautiful country, the food is great the people very friendly and the wines.... Buenos Aires is a modern city very similar to a european city and new york all mixed together.
The south of the country has breath taking landscapes, ex: Ushuaia.
To the West, the ski resort of Bariloche is very charming and the Mendoza wine region is also fascinating.
if you go... don't forget to get some gelato....
yummmmmmmm It's in South America, East of Chile, and I believe south of Bolivia. its a wonderful place to go on holiday but tough for most of the people who try to make a living there
they speak spanish with a strange accent
great shopping in Buenos Aires
very vain (and pretty) women
has the second most southerly permanent settlement in the world (ushuaia) - but like to claim its the most southerly (which in fact is across the water in chilean tierra del fuego)
great wines from mendoza
excellent beef yes I'm from there!!! the last time i went was about 15 yrs. ago, but i have family there... I hear its very poor now and the economy is really bad I was in Argentina 2 years ago visiting my brother, who lived there. We both really liked the country.
The Argentine cities have a very European flair without the European prices. Their economy crashed in 2000/2001 because they had pegged the peso value on the value of the US dollar. It didn't work out for them.
The economy is thriving now and is ripe for commerce, especially for those of us used to US/European prices on things. It's modern in the large cities, which makes the cheap prices on things even better.
You can find great bargains on food, wine and shopping. I'd recommend trying some steak (or any other part of the cow, honestly) and buying some leather while there: Great quality stuff.
Also, they are largely descended from Italians, so there is a very Italian feel to a lot of Argentinian life. Their Spanish accent is different, b/c it's Castillian, I believe. Big difference is the accent itself and the use of "Vos" which you won't find in a ton of other Spanish speaking countries.
All in all, beautiful land, friendly, congenial people, great history (Eva Peron and the tango), great shopping, delicious food and drinks and a great bargain for the money! i have step-family there
and my step-dad is from there
any questions?
i will try to help
have messenger?
add me!!
harley_elisabeth_fox@yahoo.com
=] annabel m, Ushuaia does not claim to be the southernmost settlement in the world, but the southernmost city which is. Puerto Williams is not a city but a settlement. tango, evita peron, football, good wine and leather, beautiful landscapes... its the home of the more selfish people |
