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Country name:
conventional long form: Argentine Republic
conventional short form: Argentina
local long form: Republica Argentina
local short form: Argentina
Data code: AR
Government type: republic
Capital: Buenos Aires
Administrative divisions: 23 provinces (provincias, singularprovincia),
and 1 federal district* (distrito federal); Buenos Aires; Catamarca;
Chaco; Chubut; Cordoba; Corrientes; Distrito Federal*; Entre Rios;
Formosa; Jujuy; La Pampa; La Rioja; Mendoza; Misiones; Neuquen; Rio
Negro; Salta; San Juan; San Luis; Santa Cruz; Santa Fe; Santiago del
Estero; Tierra del Fuego, Antartida e Islas del Atlantico Sur; Tucuman
note: the US does not recognize any claims to Antarctica
Independence: 9 July 1816 (from Spain)
National holiday: Revolution Day, 25 May (1810)
Constitution: 1 May 1853; revised August 1994
Legal system: mixture of US and West European legal systems;
has not accepted compulsory ICJ jurisdiction
Suffrage: 18 years of age; universal
Executive branch:
chief of state: President Carlos Saul MENEM (since 8 July
1989); Vice President Carlos RUCKAUF (since 8 July 1995); notethe
president is both the chief of state and head of government
head of government: President Carlos Saul MENEM (since 8 July
1989); Vice President Carlos RUCKAUF (since 8 July 1995); notethe
president is both the chief of state and head of government
cabinet: Cabinet appointed by the president
elections: president and vice president elected on the same
ticket by popular vote for four-year terms; election last held 14
May 1995 (next to be held NA October 1999)
election results: Carlos Saul MENEM reelected president; percent
of voteNA
Legislative branch: bicameral National Congress or Congreso
Nacional consists of the Senate (72 seats; formerly, three members
appointed by each of the provincial legislatures; presently transitioning
to one-third of the members being elected every two years to a six-year
term) and the Chamber of Deputies (257 seats; one-half of the members
elected every two years to four-year terms)
elections: Senatetransition phase will continue through
2001 elections when all seats will be fully contested; winners will
randomly draw to determine whether they will serve a two-year, four-year,
or full six-year term; Chamber of Deputieslast held 26 October
1997 (next to be held NA October 1999)
election results: Senatepercent of vote by partyNA;
seats by partyPJ 39, UCR 1, others 32; Chamber of Deputiespercent
of vote by partyNA; seats by partyPJ 119, UCR 69, Frepaso
36, other 33
Judicial branch: Supreme Court (Corte Suprema), the nine
Supreme Court judges are appointed by the president with approval
of the Senate
Political parties and leaders: Justicialist Party or PJ
[Carlos Saul MENEM] (Peronist umbrella political organization); Radical
Civic Union or UCR [Fernando DE LA RUA]; Union of the Democratic Center
or UCD (conservative party) [leader NA]; Dignity and Independence
Political Party or MODIN (right-wing party) [leader NA]; Front for
a Country in Solidarity or Frepaso (a four-party coalition) [Carlos
ALVAREZ]; Action for the Republic [Domingo CAVALLO]; New Leadership
[Gustavo BELIZ]; several provincial parties
Political pressure groups and leaders: Peronist-dominated
labor movement; General Confederation of Labor or CGT (Peronist-leaning
umbrella labor organization); Argentine Industrial Union (manufacturers'
association); Argentine Rural Society (large landowners' association);
Argentine Association of Pharmaceutical Labs (CILFA); business organizations;
students; the Roman Catholic Church; the Armed Forces
International organization participation: AfDB, Australia
Group, BCIE, CCC, ECLAC, FAO, G- 6, G-11, G-15, G-19, G-24, G-77,
IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO,
ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES,
LAIA, Mercosur, MINURSO, MIPONUH, MTCR, NSG, OAS, OPANAL, OPCW, PCA,
RG, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIKOM, UNITAR, UNMIBH,
UNMOP, UNPREDEP, UNTSO, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO,
WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Diego Ramiro GUELAR
chancery: 1600 New Hampshire Avenue NW, Washington, DC 20009
telephone: [1] (202) 939-6400
FAX: [1] (202) 238-6471
consulate(s) general: Atlanta, Chicago, Houston, Los Angeles,
Miami, New York, and San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador (vacant)
embassy: 4300 Colombia, 1425 Buenos Aires
mailing address: international mail: use street address; APO
address: Unit 4334, APO AA 34034
telephone: [54] (1) 777-4533, 4534
FAX: [54] (1) 777-0197
Flag description: three equal horizontal bands of light
blue (top), white, and light blue; centered in the white band is a
radiant yellow sun with a human face known as the Sun of May
Economyoverview: Argentina benefits from rich natural
resources, a highly literate population, an export-oriented agricultural
sector, and a diversified industrial base. However, when President
Carlos MENEM took office in 1989, the country had piled up huge external
debts, inflation had reached 200% per month, and output was plummeting.
To combat the economic crisis, the government embarked on a path of
trade liberalization, deregulation, and privatization. In 1991, it
implemented radical monetary reforms which pegged the peso to the
US dollar and limited the growth in the monetary base by law to the
growth in reserves. Inflation fell sharply in subsequent years. The
Mexican peso crisis produced capital flight, the loss of banking system
deposits, and a severe, but short-lived, recession in 1995; a series
of reforms to bolster the domestic banking system followed. Real GDP
growth recovered strongly, reaching almost 9% in 1997. In 1998, increasing
investor anxiety over Brazil, its largest trading partner, produced
the highest domestic interest rates in more than three years and slowed
growth to 4.3%. Despite the relatively high level of growth in recent
years, double-digit unemployment rates have persisted, largely because
of rigidities in Argentina's labor laws.
GDP: purchasing power parity$374 billion (1998 est.)
GDPreal growth rate: 4.3% (1998 est.)
GDPper capita: purchasing power parity$10,300
(1998 est.)
GDPcomposition by sector:
agriculture: 7%
industry: 37%
services: 56% (1997 est.)
Population below poverty line: 25.5% (1991 est.)
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 1% (1998 est.)
Labor force: 14 million (1997)
Labor forceby occupation: agriculture 12%, industry
31%, services 57% (1985 est.)
Unemployment rate: 12% (October 1998)
Budget:
revenues: $56 billion
expenditures: $60 billion, including capital expenditures
of $4 billion (1998 est.)
Industries: food processing, motor vehicles, consumer durables,
textiles, chemicals and petrochemicals, printing, metallurgy, steel
Industrial production growth rate: 2% (1998)
Electricityproduction: 64.669 billion kWh (1996)
Electricityproduction by source:
fossil fuel: 45%
hydro: 44.3%
nuclear: 10.7%
other: 0% (1996)
Electricityconsumption: 67.509 billion kWh (1996)
Electricityexports: 330 million kWh (1996)
Electricityimports: 3.17 billion kWh (1996)
Agricultureproducts: sunflower seeds, lemons, soybeans,
grapes, corn, tobacco, peanuts, tea, wheat; livestock
Exports: $26 billion (f.o.b., 1998 est.)
Exportscommodities: cereals, feed, motor vehicles,
crude petroleum, steel manufactures
Exportspartners: Brazil 31%, US 8%, Chile 7.0%, China
3%, Uruguay 3% (1997 est.)
Imports: $32 billion (c.i.f., 1998 est.)
Importscommodities: motor vehicles, motor vehicle
parts, organic chemicals, telecommunications equipment, plastics
Importspartners: Brazil 23%, US 20%, Italy 6%, Germany
5%, France 5% (1997)
Debtexternal: $133 billion (1998 est.)
Economic aidrecipient: $2.833 billion (1995)
Currency: 1 peso = 100 centavos
Exchange rates: peso is pegged to the US dollar at an exchange
rate of 1 peso = $1
Fiscal year: calendar year
Telephones: 4.6 million (1990)
Telephone system: 12,000 public telephones; extensive modern
system but many families do not have telephones; despite extensive
use of microwave radio relay, the telephone system frequently grounds
out during rainstorms, even in Buenos Aires
domestic: microwave radio relay and a domestic satellite system
with 40 earth stations serve the trunk network
international: satellite earth stations2 Intelsat (Atlantic
Ocean)
Radio broadcast stations: AM 260 (including 10 inactive
stations), FM NA (probably more than 1,000, mostly unlicensed), shortwave
6 (1998 est.)
Radios: 22.3 million (1991 est.)
Television broadcast stations: 42 (in addition, there are
444 repeaters) (1997)
Televisions: 7.165 million (1991 est.)
Railways:
total: 37,830 km
broad gauge: 23,992 km 1.676-m gauge (167 km electrified)
standard gauge: 2,765 km 1.435-m gauge
narrow gauge: 11,073 km 1.000-m gauge (26 km electrified)
Highways:
total: 208,350 km
paved: 47,550 km (including 567 km of expressways)
unpaved: 160,800 km (1998 est.)
Waterways: 11,000 km navigable
Pipelines: crude oil 4,090 km; petroleum products 2,900
km; natural gas 9,918 km
Ports and harbors: Bahia Blanca, Buenos Aires, Comodoro
Rivadavia, Concepcion del Uruguay, La Plata, Mar del Plata, Necochea,
Rio Gallegos, Rosario, Santa Fe, Ushuaia
Merchant marine:
total: 29 ships (1,000 GRT or over) totaling 233,856 GRT/363,335
DWT
ships by type: cargo 10, container 1, oil tanker 13, railcar
carrier 1, refrigerated cargo 2, roll-on/roll-off cargo 1, short-sea
passenger 1 (1998 est.)
Airports: 1,374 (1998 est.)
Airportswith paved runways:
total: 141
over 3,047 m: 5
2,438 to 3,047 m: 26
1,524 to 2,437 m: 58
914 to 1,523 m: 45
under 914 m: 7 (1998 est.)
Airportswith unpaved runways:
total: 1,233
over 3,047 m: 2
2,438 to 3,047 m: 2
1,524 to 2,437 m: 67
914 to 1,523 m: 621
under 914 m: 541 (1998 est.)
Military branches: Argentine Army, Navy of the Argentine
Republic (includes Naval Aviation, Marines, and Coast Guard), Argentine
Air Force, National Gendarmerie, National Aeronautical Police Force
Military manpowermilitary age: 20 years of age
Military manpoweravailability:
males age 15-49: 9,169,681 (1999 est.)
Military manpowerfit for military service:
males age 15-49: 7,435,551 (1999 est.)
Military manpowerreaching military age annually:
males: 343,038 (1999 est.)
Military expendituresdollar figure: $4.6 billion (1998)
Military expenditurespercent of GDP: 1.4% (1998)
Disputesinternational: short section of the southwestern
boundary with Chile is indefiniteprocess to resolve boundary
issues is underway; claims UK-administered Falkland Islands (Islas
Malvinas); claims UK-administered South Georgia and the South Sandwich
Islands; territorial claim in Antarctica
Illicit drugs: increasing use as a transshipment country
for cocaine headed for Europe and the US; increasing money-laundering
center
Source: 1999 CIA World Factbook
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