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