Re: Argentina economy

From: Carlos Gonzalia (
Date: Fri Mar 02 2001 - 01:16:01 MST

>From: Amara Graps <>
>Subject: Argentina economy (was PSYCH: Women and Math)
>From: Carlos Gonzalia <>
>>Same here, particularly considering I'm going back to my country after
>>graduation, and try my humblest best to keep the ship from sinking.
>Please do! (I like your country's writers. :-) )

Ohhh we all do. ;-) The cultural mix has been very rich there on the past 30
years or so, hence the amazing literary production coming from our writers.

>I was under the impression that life was improving in Argentina, but
>perhaps I was wrong. The last few years have been difficult there.

The best description would be that the rate of un-improving has been
For the big part of the population, life has got way worse, and at a steady
pace, for the past 10 years or so. As I said, this worsening has been slowed
down lately, but calling this "improvement" is something only our shameless
politicians dare to do, hehe...

>(I suppose the following is reasonably accurate (?). )
[snipped out]

Very much so. Please note the big GDP dropping mentioned in the last part.
Calling the situation of the provinces "precarious" is a gross
though. Many provinces (they are legally like states in the US) are simply
chronic disaster zones, economical and cultural stagnation being rampant. As
the labor code reform (more properly should be called dragging the code to
street and shooting it), this has been pretty much done by now. The results
quite bad for the typical worker, and its impact on unemployment has been
nil. The stand-by facility of the IMF, which has been expanded greatly, is
basically the only thing holding the pieces together and avoiding social
collapse and worse violence than the already harsh one we have. As is usual
the IMF, the preconditions imposed on the government's administration have
included all kinds of nasties, one of them is killing off "unnecessary"
for education and health, making the whole prospects of chronical stagnation
only more probable. Except for the agro-exporting sector (and even there,
to some extent), our industrial base has shrinked hugely, the main culprit
Menem's administration and its notorious corruption/incompetence. These guys
basically sold everything in sight, cheap, to unscrupulous foreign capitals
mainly interested in scraping off all physical stock and running away. The
who did stay have only bothered to invest enough to keep their companies
working, and then abusing customers with all kinds of monopolistic tactics
increasing their prices as the only resource for every thing not working

Since I come from the academic sector, that is the part I'm most familiar
As the message is a bit OT as it is, I'm not sure if embarking in a lengthy
description of the ruinous state of higher education and research in
Are you people interested in reading about it?

Carlos Gonzalia

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