Back

Brazil and Southern Cone - April 2019

Argentina’s poverty problem

Simon Kuznets, the renowned economist who was awarded the 1971 Nobel Prize in economics, famously said that there are four types of country: developed countries, underdeveloped countries, Japan, and Argentina. His singling out of Argentina was in reference to the country’s decline from one of the ten richest countries in the world pre-World War I, to being ranked 89th in 2017 according to GDP per capita, behind neighbours Uruguay and Chile.

End of preview - This article contains approximately 1677 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.