The second world part iii


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The second world part iii

  1. 1. The Second World Part III Argentina and Chile By Guy Heffernan
  2. 2. Argentina <ul><li>Argentina is the second largest country in South America, with Brazil being the largest. It is a federation of 23 provinces, and Buenos Aires is the biggest city and the Capital. It’s the 8 th largest country in the world in land area, and the largest among Spanish-speaking nations. </li></ul><ul><li>Argentina lies between the Atlantic on the east, and the Andes mountain range on the west. It borders, Paraguay, Bolivia, Brazil, Uruguay, and Chile, and is Latin America’s third-largest economy. ` </li></ul><ul><li>1920-Argentina was the 7 th richest nation in the world, due to it’s beef and wheat production. </li></ul><ul><li>1940ts-Unaffected by WWII, the country welcomed large numbers of European immigrants. </li></ul>
  3. 3. <ul><li>1946-Juan Peron is elected President, and ruled the country on three different occasions, he improved labor but fractured the country to the extent that the military junta waged a “dirty war” in the 1970s against the left, ant killed some 15,000 people. </li></ul><ul><li>1982-The Argentinean military tried to seize the Falkland Islands, and failed. </li></ul><ul><li>1990s-Free enterprise, booming investments, rapid growth, and failed rescue packages, led to a political and economic downfall. </li></ul><ul><li>2001-The international financial community stopped lending moneys to aid the troubled economy. The government seized billions in pension funds, and imposes martial law to stop massive riots. </li></ul><ul><li>The annual income per household fell some $6,000 in a year, and over half the population lived below the poverty line. </li></ul>
  4. 4. <ul><li>Today’s Argentina suffers from, low tax collection, and a decentralized government. The utility co., constantly under delivers in services, while increasing rates. Only half of the residents of Buenos Aires are connected to the sewer system. </li></ul><ul><li>Few investors are interested in taking chances, and the country is dependent on trade with China. With natural gas supplies dwindling, it looks to Bolivia’s gas line across the Amazon for help. </li></ul><ul><li>Trade with the U.S. is cold, and the country trades mostly with China. </li></ul><ul><li>Argentina and Brazil co-produce most of the cars they make and they cooperate in monitoring the Amazon and the Triple Frontier region. </li></ul>
  5. 5. Chile <ul><li>Chile is along narrow country between the Andes mountains on the east, and the Pacific on the west. It borders Peru, Bolivia, and Argentina, down to the Drake Passage. Chile is 2,700 miles long and 109 miles wide. The Capital is Santiago. </li></ul><ul><li>The northern desert is rich in copper, and Chili is a land of forests, desserts, volcanoes and lakes, and the south has fjords, inlets, canals, peninsulas, and islands. </li></ul>
  6. 6. <ul><li>Chile is the region’s most vibrant economy, and has a 4 lane freeway linking the northern Andes with the southern lowlands. </li></ul><ul><li>Santiago is the continent's 2 nd largest city in business, and Chile has as many internet users as Mexico with one-sixth the population. </li></ul><ul><li>1973-General Augusto Pinochet takes power, and ushered in an era of domestic crackdowns. After 30yrs he is looked upon as an icon to some, showing how authoritarian rule can lead to greater growth and stability. Others say it was the work ethics of the thousands of German farmers and mechanics, that arrived in the 19 th century. While in power, Pinochet plundered the pension system, and slashed social benefits, to bring it’s economy back from collapse. </li></ul>
  7. 7. <ul><li>Chile’s recent governments emphasize education and technology, and incomes have doubled since the 90s, while the poverty rate is below 15%. </li></ul><ul><li>Chile alone is too small to lift the continent out of poverty, but it can serve as a gateway to overseas markets. </li></ul><ul><li>It’s the only Latin American country that has free trade with the U.S. , the European Union and China. China alone creates many jobs and boosts trade to over $6 billion in 2004, much of it in copper exports. </li></ul><ul><li>Japan and Korea also trade freely with Chile, resulting in surging agricultural exports. </li></ul>
  8. 8. <ul><li>Bolivia is landlocked, and Chile gives Bolivia access to its ports in exchange for oil and gas, and as Chile builds dams to generate hydroelectric power, and it protects the environmental preservation areas. </li></ul><ul><li>Chile’s governing stile represents Latin Americas best. </li></ul><ul><li>Chile’s current president is Michelle Bachelet, a former revolutionary, torture victim, single mother, pediatrician, and ex-defense minister, and under her leadership, Chile continues to prosper. </li></ul>