Argentina Location:
34°202 S, 58°302 W,br>
Argentina occupies a continental surface area of 2,766,890 km2 (1,078,000 sq mi) between the Andes mountain range in the west and the southern Atlantic Ocean in the east and south.
Argentina Geography:
The total surface area of Argentina (not including the Antarctic claim), is as follows:
Total: 2,766,890 km2
Land: 2,736,691 km2
Water: 30,200 km2
Argentina is nearly 3,700 km long from north to south, and 1,400 km from east to west (maximum values). It can roughly be divided into four parts: the fertile plains of the Pampas in the center of the country, the source of Argentina's agricultural wealth; the flat to rolling, oil-rich plateau of Patagonia in the southern half down to Tierra del Fuego; the subtropical flats of the Gran Chaco in the north, and the rugged Andes mountain range along the western border with Chile.
The highest point above sea level in Argentina is located in Mendoza. Cerro Aconcagua, at 6,962 meters (22,834 feet), is the highest mountain in the Americas, the Southern,[9] and Western Hemisphere.[10] The lowest point is Laguna del Carbón in Santa Cruz, -0105 meters (-0344 ft) below sea level.[11] This is also the lowest point on the South American continent. Due to the higher gravity force in Laguna del Carbón, a pendulum clock, if not corrected, will advance 24 seconds a day [12]. The geographic center of the country is located in south-central La Pampa province.
The country has a territorial claim over a portion of Antarctica (unrecognized by any other country), where, from 1904, it has maintained a constant presence.
Argentina People:
The National Institute of Statistics and Census of Argentina (INDEC) 2001 census showed the population of Argentina was 36,260,130. It ranks third in South America in total population and 30th globally. The 2005 estimate is for a population of 38,747,000. Argentina's population density is 14 inhabitants per square kilometer. However, the population is not evenly distributed: areas of the city of Buenos Aires have a population density of over 14,000 inhab./km2, while Santa Cruz province has less than 1 inhab./km2. Argentina is the only nation in South America with a net positive migration rate, of about +0.4 persons. [36]
Argentina Government:
Argentina's political framework is a federal presidential representative democratic republic, in which the President of Argentina is both head of state and head of government, complemented by a pluriform multi-party system. The current president (2007) is Néstor Kirchner, with Daniel Scioli as vice president.
The Argentine Constitution of 1853 mandates a separation of powers into executive, legislative, and judicial branches at the national and provincial level.
Executive power resides in the President and his cabinet. The President and Vice President are directly elected to four-year terms, limited to two consecutive terms, and the cabinet ministers are appointed by the president.
Legislative power is vested in the bicameral National Congress or Congreso de la Nación, consisting of a Senate (Senado) of seventy-two seats, and a Chamber of Deputies (Cámara de Diputados) of 257 members.
Senators serve six-year terms, with one-third standing for reelection every two years. Members of the Chamber of Deputies are directly elected to four-year term via a system of proportional representation, with half of the members of the lower house being elected every two years. A third of the candidates presented by the parties must be women.
The judiciary is independent of the executive and the legislature. The Argentine Supreme Court of Justice has seven members who are appointed by the President in consultation with the Senate. The rest of the judges are appointed by the Council of Magistrates of the Nation, a secretariat composed of representatives of judges, lawyers, the Congress, and the executive (see Law of Argentina).
Argentina Economy:
Argentina benefits from abundant natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. The country once had a large middle class compared to other Latin American countries, but this segment of the population has been decimated by a succession of economic crises. Today, while a significant segment of the population is still financially well-off, they stand in sharp contrast with the millions who have seen their purchasing power drastically reduced. Since 2002, there has been an improvement in the situation of the poorer sectors and a strong rebound of the middle class.
From the late 1970s the country piled up public debt and was plagued by bouts of high inflation. In 1991, the government pegged the peso to the U.S. dollar and limited the growth in the money supply. It then embarked on a path of trade liberalization, deregulation and privatization. Inflation dropped and gross domestic product grew, but external economic shocks and failures of the system diluted benefits, causing the economy to crumble slowly from 1995 until the collapse in 2001.
By 2002, Argentina had defaulted on its debt, its GDP had shrunk, unemployment was more than 25%, and the peso had depreciated 75% after being devalued and floated. However, careful spending control and heavy taxes on then-soaring exports allowed the state to regain resources and conduct monetary policy.
Hilton Hotel to the right of River View Towers, Buenos Aires.In 2003, import substitution policies and soaring exports, coupled with lower inflation and expansive economic measures, triggered a surge in the GDP. This was repeated in 2004 and 2005, creating millions of jobs and encouraging internal consumption. Capital flight decreased, and foreign investment slowly returned. An influx of foreign currency from exports created a huge trade surplus. The Central Bank was forced to buy dollars from the market, and continues to do so from time to time to prevent the Argentine peso from appreciating significantly and cutting competitiveness.
The situation by 2006 was further improved. The economy grew 8.8% in 2003, 9.0% in 2004, 9.2% in 2005 and 2006 was on the same track (predictions are between 8.5% and 9.0%), though inflation, estimated at around 10 to 12%, has become an issue again, and income distribution is still considerably unequal.[24][25]
Argentina More Information:
http://en.wikipedia.org/wiki/Argentina |
