Mitinand And Argentina Case Study

1201 Words3 Pages
bulb-icon

Recommended: Argentina's turbulent history

I this paper I am going to compare impacts of liberalization between two countries: Poland and Argentina. Let me first start with Argentina will compare the background, policies and consequences of both the countries. In Poland we say “Don’t praise the day before sunset.” By the early twentieth century Argentina was seventh wealthiest country. According to Jurnal of Latin America Studies “At this time, when the nation boasted one of the highest rates of growth of per capita income, no-one would have dared to question its growth potential. Indeed Argentina’s economic evolution during that period could be compared with that of Australia and Canada.” Today, the country is bankrupt on a scale unprecedented in history. Liberal economy, worshiped there until recently as holiness , bothering recession . Argentina was once the richest countries in the world . Now it is spreading appalling poverty . The unemployment rate in 1991 of 6.5 % has more than tripled . Argentinian have some components known in Poland: stabilization of money , liberalization of foreign trade , the removal of barriers to foreign capital , the privatization of the state sector , the removal of detailed state interference . Busting the Argentine economy based on the same assumptions of the model , which present the Polish economy , is thus for Poland a serious warning . Without being hysterical , polish people need to carefully consider whether the current crisis of state finances in Poland is not the first symptom of impending disaster . Indicates are same as in Argentina, for example the level of unemployment – According to UC Atlas of Global Inequality 20% in December 2001 . In December 2001, Argentina was in the bottom of the economy , which was pushed by the ... ... middle of paper ... ...t years has reached single digits (at the end of 2001 it fell below 4 %). The economic successes of successive governments led creditors to reduce the Polish debt by 50 %, and Western companies - to invest in Poland. In 1991, he launched the Warsaw Stock Exchange grew, so did GDP ( in 1993 growth was 4% , in 1995 - already 7%). Fully convertible buck passed in 1995 denomination (1 PLN = 10 000 zł ) , and the success of Polish reforms stabilized the dollar . “ Privatization in Poland was a notable success” (210) Currently, Poland is a country with a stable political system , a growing economy , actively operating international organizations. In my opinion for some countries like Argentina the policies were adopted in a good way but all of them came to fast. It was too hard to recover for this country. Liberalization is a long process and changes cannot come to fast.

Show More
Related

  • Latin America when It Was Under Liberal Rule

    699 Words  | 2 Pages

    Time and rules have been transforming countries in many ways; especially, in the 1850’s and the 1920’s, when liberals were firmly in control across Latin American region. Liberalism can be defined as a dominant political philosophy in which almost every Latin American country was affected. A sense of progress over tradition, reason over faith, and free market over government control. Although each country was different, all liberals pursued similar policies. They emphasize on legal equality for all citizens, progress, free trade, anti-slavery, and removing power from church. Liberals declared promising changes for Latin American’s future. But Latin America had a stronger hierarchical society with more labor systems, nothing compare to the United States societies. Liberals weren’t good for Latin America. What I mean by “good” is the creation of a turning point or some type of contribution towards success. I define “good” as beneficial or helpful. The Latin American economy was stagnant between 1820 and 1850 because of independence wars, transportation and the recreation of facilities. I describe this era as, “the era when Latin America when off road”.

    Read More

  • Neoliberalissm In Latin America Essay

    1343 Words  | 3 Pages

    With the removal of an authoritarian rule, the transnational oriented elites rose to power and have been given “ the opportunity to reorganize the state and build a better institutional framework to deepen neoliberal adjustments” (Robinson 180). Politically, the program changes the control of the political system to less direct coercive rule. Economically, it eliminated state intervention in the economy; this allowed the adjusting of local economies to serve the global economy instead of their

    Read More

  • Neoliberalism in Brazil

    1298 Words  | 3 Pages

    Neoliberalism is a form of economic liberalism that emphasizes the efficiency of private enterprise, liberalized trade, and relatively open markets. Neoliberals seek to maximize the role of the private sector in determining the political/economic priorities of the world and are generally supporters of economic globalization. During the 1930s and the late 1970s most Latin American countries used the import substitution industrialization model to build industry and reduce dependency on imports from foreign countries. The result of the model in these c...

    Read More

  • ‘The Dirty War’ of Argentina

    1979 Words  | 4 Pages

    Between the years of 1976 to 1983, the period known as the ‘Dirty War’ was in full force in Argentina. During this period, thousands of people mysteriously went missing, and are referred to now as the ‘Disappeared’. It is believed that many of the disappeared were taken by agents of the Argentine government, and perhaps tortured and killed before their bodies were disposed of in unmarked graves or rural areas. Whenever the female captives were pregnant, their children were stolen away right after giving birth, while they themselves remained detained. It is estimated that 500 young children and infants were given to families with close ties to the military to be raised. Within this essay I would like to touch on the brief history of the Dirty war and why the military felt it was necessary to take and kill thousands of Argentina’s, and also the devastating affects the disappeared, and stolen children are having on living relatives of those taken or killed. It is hard to imagine something like this happening in North America relatively recently. To wakeup and have members of your family missing, with no explanation, or to one day be told your parents are not biologically related is something Argentina’s had to deal with, and are continuing to face even today.

    Read More

  • Unraveling Mexico: A Journey Through Its History and Culture

    1267 Words  | 3 Pages

    It has a free-market economy that has a combination of traditional and modern agriculture and industry (Miller, 2015). The economy is also interesting being dominated by the private sector due to the welcoming conditions that are favorable to investors. State protectionist policies and regulation were the norm before the 1980s. However, privatization, internationalization, and deregulation have occurred which has improved the economy (Gallo, 2016).  The number of parastatals has also decreased, from a high of 1000 in 1982 to less than 200 by 1998. Economic restructuring was also backed by international and national groups in responding to the financial and economic crises that were occurring in the late twentieth century.

    Read More

  • Argentina's History And The History Of Argentina

    2299 Words  | 5 Pages

    “In 1816, the United Provinces of the Rio Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. The country's population and culture were heavily shaped by immigrants from throughout Europe, with Italy and Spain providing the largest percentage of newcomers from 1860 to 1930. Up until about the mid-20th century, much of Argentina's history was dominated by periods of internal political conflict between Federalists and Unitarians and between civilian and military factions. After World War II, an era of Peronist populism and direct and indirect military interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983 after a failed bid to seize the Falkland Islands (Islas Malvinas) by force, and has persisted despite numerous challenges, the most formidable of which was a severe economic crisis in 2001-02 that led to violent public protests and the successive resignations of several presidents. In January 2013, Argentina assumed a nonpermanent seat on the UN Security Council for the 2013-14 term.” (Central Intelligence Agency)

    Read More

  • Poland: The History And History Of Poland

    1338 Words  | 3 Pages

    Poland first started to form in about 450 A.D when four leftover Slavic tribes called Polanie, Wislanie, Pomorzanie and the Mazovians joined together. Poland had consisted of these tribes which had become the people. Notably, when Poland first became a state, it was 966 A.D. This was when Ruler Mieszko I had accepted Christianity into the state, for himself and his people. He married Dobrava of Bohemia, and had helped the Polish country and rule grow. Throughout history, Poland has continued to grow, and fight its wars. Becoming democratic, debating monarchy, reunification, all of this was part of Poland's history. However, a major part of Poland's history was World War I and World War II. At one point, Poland did not exist on the map in 1914. Poland struggled World War I, but soon regained it's independence. But it got worse. World War II started when Hitler's Nazi group invaded Poland, as well as conflict from Joseph Stalin and the Soviet Union. Both groups wanted to destroy Poland, reduce it to rubble, and take away all that it was known for. Poland had very few troops, and when the Nazis and the Soviets joined together, Poland didn't stand a chance. At one point, with the help of allies and the United States, Poland was "rebuilt....

    Read More

  • Croatia´s Economy Crisis

    909 Words  | 2 Pages

    The economy of Croatia was hit by Global Financial Crisis in 2009 and currently is in its 6th consecutive year of recession. The country has also been affected by the Eurozone crisis, since Croatia is dependent on the economy of the EU. Approximately half of Croatia’s trade is with the Eurozone, namely with Germany, Italy, Slovenia, Austria, and the Eurozone is the basis of around 75% of foreign direct investment (FDI) that flows into Croatia. Nowadays Croatia’s economy remains to be in need of foreign investment and in demand for its exports. Moreover, Croatia’s economy is exposed to Eurozone crisis through foreign banks in the country. Croatia is still struggling to exit the crisis and achieve economic growth. Furthermore, the neoliberal model of Croatia’s economy may not be leading to stabilization of the economy, but to economic depression. Between 2000 and 2007, the Croatia’s economy saw steady average growth of 4.6%. In 2008 the growth abruptly slowed down to 2.1%, in 2009 the economy contracted by 6.9% and economic growth was stagnant each year ever since. In 2010 decreasing manner was sustained and the economy contracted by 1.3%, in 2011 economy contracted by 0.2%, which may have appeared as a slight revival, but in 2012 the economy contracted by 1.9% due to the passive and stagnant recovery in the global economy. In 2013 the economy contracted by 1.0% and for the 5th consecutive year remained in recession. The European Bank of Reconstruction and Development (EBRD) stated that the growth of Croatia’s economy would not happen before 2014. During 6 years of recession Croatia has already lost 12.3% of its output. Slowly progressing in structural reforms and Croatia’s dependence on the economy of the European Union the growth...

    Read More

  • The Collapse of the Soviet Union

    1019 Words  | 3 Pages

    The Soviet Union, which was once a world superpower in the 19th century saw itself in chaos going into the 20th century. These chaoses were marked by the new ideas brought in by the new leaders who had emerged eventually into power. Almost every aspect of the Soviet Union was crumbling at this period both politically and socially, as well as the economy. There were underlying reasons for the collapse of communism in the Soviet Union and eventually Eastern Europe. The economy is the most significant aspect of every government. The soviet economy was highly centralized with a “command economy” (p.1. fsmitha.com), which had been broken down due to its complexity and centrally controlled with corruption involved in it. A strong government needs a strong economy to maintain its power and influence, but in this case the economic planning of the Soviet Union was just not working, which had an influence in other communist nations in Eastern Europe as they declined to collapse.

    Read More

  • Gerber Products Company: Solutions To Their Problems

    1036 Words  | 3 Pages

    Another issue we foresee is a speculative one. The Polish government has given us a $ for $ tax exemption for all capital investments in their economy for the first three years. The team is concerned about the likeliness of the new government changing this agreement and impacting the original attractive luster of the deal.

    Read More

  • Liberal Democracy In Latin America

    1153 Words  | 3 Pages

    In the 1850‘s the Latin America’s liberals that promoted modernization of transport and communication invited foreign export. Therefore the two countries about to be compared and analyzed are Argentina and Mexico. During the 1850’s and the 1920’s Argentina and Mexico were in a Liberal Democracy.

    Read More

  • The Greece Debt Crisis

    3195 Words  | 7 Pages

    This paper provides an overview of the crisis, outlines the major causes of the crisis, examine alternative solutions to the problem

    Read More

  • Wonderful Argentina

    947 Words  | 2 Pages

    With its myriad of rivers and surplus of wildlife, Argentina remains one of the world’s culturally rich and magical locations. Whether you’re swimming in the Dulce River, or hiking in the Andes, there’s all going to be an adventure waiting around every corner. “I had watched for many years and seen how a few rich families held much of Argentina's wealth and power in their hands. So Peron and the government brought in an eight hour working day, sickness pay and fair wages to give poor workers a fair go.” – Evita Peron.

    Read More

  • The Solidarity Movement

    2805 Words  | 6 Pages

    In conclusion, Solidarity was a movement that helped change the course of two continents. It was a movement by the people and for the people. The iron grip of communism was destroyed, and democracy was born throughout Eastern Europe. Solidarity will always be remembered as the revolution that succeeded where so many others had failed. Today in Polish politics Solidarity's role is somewhat limited, and it has reverted back more toward the role of a more traditional trade union than a political party. The summer of 2005 marked the 25th anniversary of the Solidarity movement, and was a time to remember the hardships of its humble beginnings and to celebrate the changes those hardships inspired across the continent” (Local Life 1). Many of those changes are still being felt today across Eastern Europe.

    Read More

  • Lithuanian Economy

    2882 Words  | 6 Pages

    According to the survey of market participants in January and February 2004, the Lithuanian economy grew rapidly. The financial situation of Lithuanian companies improved and the costs of borrowing declined in 2003. At that time GDP in Lithuania reached over 10%. Economic growt...

    Read More

More about Mitinand And Argentina Case Study

Open Document