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Home > Travel South America > Argentina: An Economic General Overview
Argentina: An Economic General Overview
Argentina relies on a really interesting history. For instance, it is attention-grabbing that Argentina constitutes the result of a combination of cultures. The University of Buenos Aires has determined that around 56% of the whole population had Amerindian ancestors, and the rest, about 44%, come from European ancestors. Despite all the good features of the Argentinean history, including culture, music and food, it does not mean that Argentina has skipped the saying “every rose has its thorn”. At the beginning of the 90’s, Argentina experienced a terrible economic crisis due a high devaluation. It is estimated that over 60% of the people were considered poor regarding monthly incomes. As a result of this, the country got to be the worst country concerning riches distribution.
Nonetheless, now that the situation has calmed down and the devaluation is, again, creating opportunities to succeed in the field of business, there have been many aspects in which this great country has grown up. Tourism has not escaped from this since lots of visitors go there because the value that they are able to find in this place calls their attention, in special if you go there with pounds sterling, euros and dollars. Another good feature is that, in the 2003, Argentina experienced a growth of 8.4% in the economy, which means its stability is increasing very fast. Thus, Argentina is a place that is worth to know and, specifically, now is a good moment for you to make your dream come true!!
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