The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal
An 1868 photo of a gaucho. Gauchos helped livestock ranching extend through much of Argentina.
Field wagons ("carretas") were introduced by the Spaniards at the end of the 16th century as transport for passengers and goods.
Lassoing cattle in the pampas, 1794 lithography by Fernando Brambilla.
Buenos Aires marketplace, 1810s
The 1998–2002 Argentine great depression was an economic depression in Argentina, which began in the third quarter of 1998 and lasted until the second quarter of 2002. It followed fifteen years of sta
Economic history of Argentina
…numerous state-run companies using part of the proceeds to reduce the national debt. However, a sustained recession at the turn of the 21st century culminated in a default, and the government again devalued the peso. By 2005 the economy had recovered, but the country again defaulted in 2014 and 2020. During the colonial…
Amid rioting, President Fernando de la Rua resigned on 21 December 2001.
Depositors protest the freezing of their accounts, mostly in dollars. They were converted to pesos at less than half their new value.
President Kirchner and Economy Minister Lavagna discuss policy, August 2004.
Buenos Aires Manifestación contra el Corralito 20020206 10m