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FACT SHEET: United States – Argentina Relationship
Alfredo Gomez Morales. In the early part of this century, Argentina was one of the most affluent nations in the world. Since then, the Argentine economy has experienced long periods of stagnation and recession. The region is poorly endowed, land has been degraded through abuse and overuse, and most farmers work tiny, unproductive plots.
Moreover, most of the products of the interior are produced for highly protected domestic markets and face stiff competition and falling prices in world markets. Recent reforms in Argentina have dramatically aggravated the economic crisis of the interior. Sawers shows how the poverty of the interior has contributed to the dismal performance of the Argentine economy as a whole.