Caso
Economic Growth of Argentina
- Institución
- IE Business School (IE)
Case of 22 pages for the course Administración y Dirección de Empresas at IE
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ArgentinaEconomic Growth
By
Name
Economics Professor: Name
,INDEX
• Introduction….……………………………………………………3
• Objective and Strategies…………………………………………..5
• Data and Methodology …………………………………………..5
• Explanation of the research .…………………………………….10
• Results…………………………………………………………..17
• Conclusions ……..….…………………………………………...19
• References ………………………………………………………21
, 1. INTRODUCTION
Through this investigation we want to demonstrate the potential of Argentina in the
worldwide markets by remarking the positive economic aspects the country has got; for
example the sale of soy and agricultural derivatives of the product to foreign nations all
around the globe. The country has been proven to be one of the most loyal exporters in the
worldwide history. This example can be seen during the World War II. The South American
country was one of the only territories in the whole continent who increased the amount of
goods exported and was so productive that the national GDP was greatly increased as we
have been studying through the whole analysis of the country.
WHAT IS THE ECONOMIC GROWTH?
Economic growth occurs when the GDP in an economy increases in one period compared
to another.
Typically, economic growth is measured by examining the Gross Domestic Product (GDP)
of an economy, however, due to inflation, economists and analysts frequently prefer to
measure economic growth by the annual percentage change in real GDP and annual
percentage change in GDP per capita where GDP per capita measures the ability of people
to purchase goods and services in a country. This way, the effect of inflation is removed
from calculating economic growth.
There are a number of factors that affect economic growth. There are four main factors:
human capital, physical capital, natural resources but in the long term only technological
knowledge. In Argentina, the technological innovations and IT expenses are directly
regulated by the government that affects the countries performances in this situations by
making it more complicated to be competitive in terms of technological advantage in
comparison with the rest of Southern American nations
An increase in population means there are more people to produce the goods and deliver
the services. Changes in the age and gender of those in the workforce can also affect
economic growth.
Throughout history, changes in technology have generated the greatest increases in
economic growth. The industrial revolution created one of the greatest economic growth
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