| Argentina is a country in southern South | | | | Conservative rule. Political change led to |
| America. It ranks second in land area in | | | | the presidency of Juan Perón in 1946, who |
| South America, and eighth in the world. | | | | tried to empower the working class and |
| | | | greatly expanded the number of unionized |
| Argentina occupies a continental surface area | | | | workers. The Revolución Libertadora of |
| of 2,766,890 km2 (1,078,000 sq mi) between | | | | 1955 deposed him. |
| the Andes mountain range in the west and the | | | | |
| southern Atlantic Ocean in the east and | | | | From the 1950s to 1970s, soft military and |
| south. It is bordered by Paraguay and Bolivia | | | | weak civilian administrations traded power. |
| in the north, Brazil and Uruguay in the | | | | During those years the economy grew strongly |
| northeast, and Chile in the west and south. | | | | and poverty declined (to less than 7% in |
| The country claims the British controlled | | | | 1975), but became increasingly protectionist. |
| territories of the Falkland Islands (Spanish: | | | | At the same time political violence continued |
| Islas Malvinas) and South Georgia and the | | | | to escalate. In 1973, Perón returned to |
| South Sandwich Islands. Under the name of | | | | the presidency, but he died within a year of |
| Argentine Antarctica, it claims 969,464 km2 | | | | assuming power. His third wife Isabel, the |
| (374,312 sq mi) of Antarctica, overlapping | | | | Vice President, succeeded him in office, but |
| other claims made by Chile and the United | | | | the military coup of March 24, 1976 removed |
| Kingdom. | | | | her from office. |
| | | | |
| "Argentina" derives from the Latin argentum | | | | The armed forces took power through a junta |
| (silver). When the first Spanish | | | | in charge of the self-appointed National |
| conquistadors discovered the RÃo de la | | | | Reorganization Process until 1983. The |
| Plata, they named the estuary Mar Dulce | | | | military government repressed opposition and |
| ('Sweet Sea', as in a fresh water sea). | | | | terrorist leftist groups using harsh illegal |
| Indigenous people gave gifts of silver to the | | | | measures (the "Dirty War"); thousands of |
| survivors of the shipwrecked expedition, who | | | | dissidents "disappeared", while the SIDE |
| were led by Juan DÃaz de SolÃs. The | | | | cooperated with DINA and other South American |
| legend of Sierra del Plata – a | | | | intelligence agencies, and with the CIA in |
| mountain rich in silver – reached | | | | Operation Condor. Many of the military |
| Spain around 1524, and the name was first | | | | leaders that took part in the Dirty War were |
| seen in print on a Venice map from 1536. The | | | | trained in the U.S.-financed School of the |
| source of the silver was the area where the | | | | Americas, among them Argentine dictators |
| city of Potosà was to be founded in 1546. | | | | Leopoldo Galtieri and Roberto Viola. Economic |
| An expedition that followed the trail of the | | | | problems, charges of corruption, public |
| silver up the Paraná and Pilcomayo rivers | | | | revulsion in the face of human rights abuses |
| finally reached the source only to find it | | | | and, finally, the country's 1982 defeat by |
| already claimed by explorers who reached it | | | | the British in the Falklands War discredited |
| from Lima, the capital of the Viceroyalty of | | | | the Argentine military regime. |
| Peru. | | | | |
| | | | Democracy was restored in 1983. Raúl |
| The name Argentina was first used extensively | | | | AlfonsÃn's Radical government took steps |
| in the 1612 book Historia del descubrimiento, | | | | to account for the "disappeared", established |
| población, y conquista del RÃo de la | | | | civilian control of the armed forces, and |
| Plata (History of the discovery, population, | | | | consolidated democratic institutions. The |
| and conquest of the RÃo de la Plata) by | | | | members of the three military juntas were |
| Ruy DÃaz de Guzmán, naming the | | | | prosecuted and sentenced to life terms. |
| territory Tierra Argentina (Land of Silver). | | | | Failure to resolve endemic economic problems |
| In British English, the traditional name of | | | | and an inability to maintain public |
| the country is The Argentine but this term is | | | | confidence led to AlfonsÃn's early |
| no longer in common use. | | | | departure six months before his term was to |
| | | | be completed. |
| History | | | | |
| | | | President Carlos Menem imposed a peso-dollar |
| The first signs of human presence in | | | | fixed exchange rate in 1991 to stop |
| Argentina are located in the Patagonia | | | | hyperinflation and adopted far-reaching |
| (Piedra Museo, Santa Cruz), and date from | | | | market-based policies, dismantling |
| 11,000 BC.[3] Around 1 AD, several corn-based | | | | protectionist barriers and business |
| civilizations developed in the Andean region | | | | regulations, and implementing a privatization |
| (Santa MarÃa, Huarpes, Diaguitas, | | | | program. These reforms contributed to |
| Sanavirones, among others). In 1480, the Inca | | | | significant increases in investment and |
| Empire under the rule of emperor Pachacutec | | | | growth with stable prices through most of the |
| launched an offensive and conquered | | | | 1990s. Toward the end of the 1990s, large |
| present-day northwestern Argentina, | | | | fiscal deficits and overvaluation of the |
| integrating it into a region called | | | | pegged peso caused a gradual slide into |
| Collasuyu. In the northeastern area, the | | | | economic crisis. By the end of his term in |
| Guaranà developed a culture based on yuca | | | | 1999, these accumulating problems and |
| and sweet potato. The central and southern | | | | perceived corruption had made Menem |
| areas (Pampas and Patagonia) were dominated | | | | unpopular. |
| by nomadic cultures, unified in the | | | | |
| seventeenth century by the Mapuches. | | | | The Menem and de la Rúa administrations |
| | | | faced diminished competitiveness in exports, |
| European explorers arrived in 1516. Spain | | | | massive imports which damaged national |
| established a permanent colony on the site of | | | | industry and reduced employment, chronic |
| Buenos Aires in 1580; the Viceroyalty of the | | | | fiscal and trade deficits, and the contagion |
| RÃo de la Plata was created in 1776. In | | | | of several economic crises. The Asian |
| 1806 and 1807 the British Empire launched two | | | | financial crisis in 1998 precipitated an |
| invasions to Buenos Aires, but the creole | | | | outflow of capital that mushroomed into a |
| population repelled both attempts. On May 25, | | | | recession, and culminated in economic crisis |
| 1810, after confirmation of the rumors about | | | | in November of 2001. The next month, amidst |
| the overthrow of King Ferdinand VII by | | | | bloody riots, President de la Rúa |
| Napoleon, citizens of Buenos Aires took | | | | resigned. |
| advantage of the situation and created the | | | | |
| First Government Junta (May Revolution). | | | | In two weeks, several presidents followed in |
| Formal independence from Spain was declared | | | | quick succession, culminating in Eduardo |
| on July 9, 1816 in Tucumán. | | | | Duhalde's being appointed interim President |
| | | | of Argentina by the Legislative Assembly on 2 |
| In 1817, General José de San MartÃn | | | | January 2002. Argentina defaulted on its |
| crossed the Andes to free Chile and Peru, | | | | international debt obligations. The peso's |
| thus eliminating the Spanish threat. | | | | almost 11-year-old linkage to the United |
| Centralist and federalist groups (Spanish: | | | | States dollar was abandoned, resulting in |
| Unitarios and Federales) were in conflict | | | | major depreciation of the peso and a spike in |
| until national unity was established and the | | | | inflation. |
| constitution promulgated in 1853. | | | | |
| | | | With a more competitive and flexible exchange |
| Foreign investment and immigration from | | | | rate, the country implemented new policies |
| Europe led to the adoption of modern | | | | based on re-industrialization, import |
| agricultural techniques. In the 1880s, the | | | | substitution, increased exports, and |
| "Conquest of the Desert" subdued or | | | | consistent fiscal and trade surpluses. By the |
| exterminated the remaining indigenous tribes | | | | end of 2002, the economy began to stabilize. |
| throughout the southern Pampas and | | | | In 2003, Néstor Kirchner was elected |
| Patagonia.[4] | | | | president. During Kirchner's presidency, |
| | | | Argentina restructured its defaulted debt |
| From 1887 to 1930, Argentina enjoyed | | | | with a steep discount (about 66 percent) on |
| increasing prosperity and prominence through | | | | most bonds, paid off outstanding debts with |
| an export-led economy, and the population of | | | | the International Monetary Fund, renegotiated |
| the country swelled sevenfold. Conservative | | | | contracts with utilities, and nationalized |
| forces dominated Argentine politics until | | | | some previously privatized industries. |
| 1916, when their traditional rivals, the | | | | Currently, Argentina is enjoying a period of |
| Radicals, won control of the government. The | | | | high economic growth and increased political |
| military forced Hipólito Yrigoyen from | | | | stability. |
| power in 1930, leading to another decade of | | | | |