Argentina
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Argentina
Argentina (officially República Argentina ), is a South American country, constituted as a federation of twenty-three provinces and an autonomous city. It is second in size on the South American continent to Brazil and eighth in the world. Argentina occupies a continental surface area of between the Andes mountain range in the west and the southern Atlantic Ocean in the east and south. It is bordered by Paraguay and Bolivia in the north, Brazil and Uruguay in the northeast, and Chile in the west and south. The country claims the British-administered overseas territories of the Falkland Islands and South Georgia and the South Sandwich Islands. Argentina also claims of Antarctica, known as Argentine Antarctica, overlapping other claims made by Chile and the United Kingdom (British Antarctic Territory). Argentina has the highest Human Development Index level and the highest Gross Domestic Product (GDP) per capita in purchasing power parity in Latin America[1] and its total national GDP is the 23rd largest in the world.[2][3] The country is currently classified as an Upper-Middle Income Country[4] or as a secondary emerging market by the World Bank.[5][6] Argentina's nominal GDP makes it the 31st largest economy in the world.[7] EtymologyThe name Argentina (from Latin argentum: silver) was first used extensively in the 1612 book Historia del descubrimiento, población, y conquista del Río de la Plata (History of the discovery, population, and conquest of the Río de la Plata) by Ruy Díaz de Guzmán, naming the territory Tierra Argentina (Land of Silver).[8][9] History
Buenos Aires Cabildo, scene of the 1810 resolution that led to independence. Gen. Jose de San Martin, Liberator of Argentina, Chile and Peru.
Gov. Juan Manuel de Rosas during his 1829-52 reign of terror, during which he held the fragile confederacy together.
Buenos Aires Customs House, ca. 1880. Maritime trade had long been central to the city; after 1875 it became a cornerstone of national development. Military campaigns led by General José de San Martín between 1814 and 1817 made independence increasingly a reality. In 1820 Liga Federal was crushed by forces of the United Provinces of South America and Portugal armies from Brazil and its provinces absorbed into United Provinces of South America. Argentines revere San Martín, who campaigned in Argentina, Chile, and Peru, as the hero of their national independence. On July 9, 1816, a Congress gathered in Tucumán (the Congress of Tucumán) and finally issued a formal declaration of independence from Spain. Bolivia declared itself independent in 1825, and Uruguay was created in 1828 as a result of the Argentina-Brazil War. In 1818, General José de San Martín crossed the Andes to free Chile and Peru, thus eliminating the Spanish threat. Centralist and federalist groups (Spanish: Unitarios and Federales) were in conflict until national unity was established and the constitution promulgated in 1853. The constitution was strongly defended in moving oratory by the patriot and Franciscan Mamerto Esquiú, for whom one of the country's departments is named. From 1865 to 1870, the bloody War of Triple Alliance was fought by Argentina, Brazil, and Uruguay against Paraguay.
Dalmacio Velez Sarsfield, whose 1869 Civil Code lay the foundation for Argentina's statutory laws.
Pres. Hipolito Yrigoyen, 1928. Patient activist for universal (male) suffrage and the country's first president so elected. From 1880 to 1929, Argentina enjoyed increasing prosperity and prominence while emerging as one of the 10 richest countries in the world, benefiting from an agricultural export-led economy. The population of the country swelled sevenfold. Conservative forces dominated Argentine politics through non-democratic means until 1916, when their traditional rivals, the Radicals, won control of the first free-elected government. The military forced Hipólito Yrigoyen from power in 1930, leading to another decade of Conservative rule. The country was neutral during World War II. Political change led to the presidency of Juan Perón in 1946, who worked to empower the working class and greatly expanded the number of unionized workers. Perón's wife, Maria Eva Duarte de Perón (better known as Evita) played an important role as First Lady during both Peronist administrations. She was the driving force of power behind Perón's success among the working class people and quickly became an enigma that is still researched today. Being born into poverty herself, Evita never forgot the hardships her family endured during her childhood. She quickly created the Eva Perón Foundation which provided several services and needs to the working poor of Argentina such as basic items like pots and pans, sewing machines, and even fully furnished houses. The foundation built hundreds of schools, hospitals, orphanages and even Evita City which still stands today as an active neighborhood.
President Juan Perón (1946). This was the first time the country had seen such a shift in attention to aiding the poor and it did not sit well with the oligarchy. Evita was seen as the "bridge of love" between Perón and the people and she was. She fought for and won the fight for women's suffrage and organized the Perónist Feminist Party. Throughout Perón's first and second term as president, the economy turned to more protectionist policies and the developing of industry. Things began to change; however, and not for the better. After Evita's untimely death at the age of 33 in 1952 from uterine cancer, Perón gradually started to lose his footing among the people and eventually his administration began to fall apart. The Revolución Libertadora of 1955 deposed him in a coup, and he fled into exile to live in Spain. Little did anyone know at the time he would return to Argentina after several years of exile to become president again.
Pres. Arturo Frondizi (2nd from left) hosts Pres. Kennedy, 1961. Frondizi's policies encouraged foreign and local investment in energy and industry, making Argentina nearly self-sufficient in both.
Economist Martinez de Hoz and Pres. Videla, both of whose policies left a traumatic legacy in Argentina.
Pres. Leopoldo Galtieri's tragic 1982 invasion of the Falkland Islands cost Argentina lives and prestige.
Raul Alfonsin (left) greets supporters during the 1983 campaign with his trademark salute. The 1990s began with hyperinflation. President Carlos Menem imposed a peso-dollar fixed exchange rate in 1991 to stop hyperinflation and adopted far-reaching market-based policies, dismantling protectionist barriers and business regulations, and implementing a privatization program. These reforms contributed to significant increases in investment and growth with stable prices through most of the 1990s. However, the peso was tied to the dollar at an artificially high rate that could only be maintained by flooding the market with dollars. As a result the foreign debt increased enormously and state companies and services were privatized. The total opening up of the market to foreign goods, which up until then were produced locally, resulted in the collapse of local industry. So while part of the population was saving in dollars, traveling overseas, and purchasing imported and luxury goods cheaply, the rest of the population was experiencing an increase in both poverty and unemployment. The IMF and the world economists praised the liberalization of the Argentine market, and the country was presented as a ?model student?. Toward the end of the 1990s, large fiscal deficits and overvaluation of the pegged peso caused a gradual slide into economic crisis. In 1998 a period of profound economic recession began. This was a direct result of the economic measures which dominated the decade of the 90s and which produced a false sense of stability and well being. By the end of his term in 1999, these accumulating problems and perceived corruption had made Menem unpopular.
Brazilian Presidents "Lula" da Silva (since 2003) and Jose Sarney (1985-90) reunite with Argentine Presidents Nestor Kirchner (2003-07) and Raul Alfonsin (1983-89) to commemorate 20 years of productive trade talks.
Current president Cristina Fernández de Kirchner, in office since December 2007 With a more competitive and flexible exchange rate, the country implemented new policies based on re-industrialization, import substitution, increased exports, and consistent fiscal and trade surpluses. By the end of 2002 the economy began to stabilize, mainly thanks to the soybean and other cereals' boom and floating of exchange rates. In 2003, Néstor Kirchner was elected president. During Kirchner's presidency, Argentina restructured its defaulted debt with a steep discount (about 66 percent) on most bonds, paid off debts with the International Monetary Fund, renegotiated contracts with utilities, and nationalized some previously privatized enterprises. Currently, Argentina is enjoying a period of economic growth. In 2007 Cristina Fernández de Kirchner, was elected president, becoming the first woman to be elected president of Argentina. Also in 2007, Center-left Fabiana Ríos (ARI) became the first woman to be elected governor of Tierra del Fuego and first elected female governor in Argentina's history. PoliticsGovernment
The Casa Rosada, seat of executive power The Argentine Constitution of 1853 mandates a separation of powers into executive, legislative, and judicial branches at the national and provincial level. Executive power resides in the President and his or her cabinet. The President of The Argentine Nation and Vice President are directly elected to four-year terms, limited to two consecutive terms, and the cabinet ministers are appointed by the president. Legislative power is vested in the bicameral National Congress or Congreso de la Nación, consisting of a Senate (Senado) of seventy-two seats, and a Chamber of Deputies (Cámara de Diputados) of 257 members.Senators serve six-year terms, with one-third standing for reelection every two years. Members of the Chamber of Deputies are directly elected to four-year term via a system of proportional representation, with half of the members of the lower house being elected every two years. A third of the candidates presented by the parties must be women. The judiciary is independent of the executive and the legislature. The Argentine Supreme Court of Justice has seven members who are appointed by the President in consultation with the Senate. The rest of the judges are appointed by the Council of Magistrates of the Nation, a secretariat composed of representatives of judges, lawyers, the Congress, and the executive (see Law of Argentina). Argentina is a member of an international block, Mercosur, which has some legislative supranational functions. Mercosur is composed of five full members: Argentina, Brazil, Paraguay, Uruguay, and Venezuela. It has five associate members without full voting rights: Bolivia, Chile, Colombia, Ecuador, and Peru. Argentina was the only country from Latin America to participate in the 1991 Gulf War under mandate of the United Nations. It was also the only Latin American country involved in every phase of the Haiti operation. Argentina has contributed worldwide to peacekeeping operations, including in El Salvador-Honduras-Nicaragua, Guatemala, Ecuador-Peru, Western Sahara, Angola, Kuwait, Cyprus, Croatia, Kosovo, Bosnia and Timor Leste. In recognition of its contributions to international security, U.S. President Bill Clinton designated Argentina as a major non-NATO ally in January 1998. In 2005, it was elected as a temporary member of the UN Security Council. In 1993, Argentina launched the United Nations White Helmets indicative of humanitarian aid. On November 4-November 5 2005, the Argentine city of Mar del Plata hosted the Fourth Summit of the Americas. This summit was marked by a number of anti-U.S. protests. As of 2006, Argentina has been emphasizing Mercosur as its first international priority; by contrast, during the 1990s, it relied more heavily on its relationship with the United States. Argentina has long claimed sovereignty over the Falkland Islands (Islas Malvinas), the South Shetland Islands, the South Sandwich Islands and almost 1 million km² in Antarctica, between the 25°W and the 74°W meridians and the 60°S parallel. For more than a century, there has been an Argentine presence at the Orcadas Base. Argentina is a founding signatory and permanent consulting member of the Antarctic Treaty System and the Antarctic Treaty Secretariat is established in Buenos Aires.[12] MilitaryArgentina's armed forces are controlled by the Defense Ministry, with the country's President as their Commander-in-Chief. Historically, Argentina's military has been one of the best equipped in the region (for example, developing its own advanced jet fighters as early as the 1950s),[13] but has faced expenditure cutbacks in comparison to other regional militaries. The age of allowable military service is 18 years; there is no obligatory military service and currently no conscription. The armed forces are composed of a traditional Army, Navy, and Air Force. Controlled by a separate ministry (the Interior Ministry), Argentine territorial waters are patrolled by the Naval Prefecture, and the border regions by the National Gendarmerie; both arms however maintain liaison with the Defense Ministry. Argentina's Armed Forces are currently undertaking major operations in Haiti and Cyprus, in accordance with UN mandates. Provinces
Provinces of Argentina. Argentina claims the Falkland Islands ("Islas Malvinas"), a UK overseas territory, as well as a slice of Antarctica, both of which it assigns to its Tierra del Fuego Province (number 23). Provinces are divided into smaller secondary units called departamentos ("departments"), of which there are 376 in total. The province of Buenos Aires has 134 similar divisions known as partidos. Departamentos and partidos are further subdivided into municipalities or districts. In descending order by number of inhabitants, the major cities in Argentina are Buenos Aires, Córdoba, Rosario, Mendoza, Tucumán, La Plata, Mar del Plata, Salta, Santa Fe, San Juan, Resistencia, and Neuquén. GeographyMain featuresThe total surface area of Argentina (not including the Antarctic claim) is as follows:
Argentina is about 3,330 km (about 2,070 mi) long from north to south, and 1,400 km (about 870 mi) from east to west (maximum values). It can roughly be divided into four parts: the fertile plains of the Pampas in the center of the country, the source of Argentina's agricultural wealth; the flat to rolling, oil-rich plateau of Patagonia in the southern half down to Tierra del Fuego; the subtropical flats of the Gran Chaco in the north, and the rugged Andes mountain range along the western border with Chile. The highest point above sea level in Argentina is located in Mendoza. Cerro Aconcagua, at 6,962 meters (22,834 feet), is the highest mountain in the Americas, the Southern,[14] and Western Hemisphere.[15] The lowest point is Laguna del Carbón in Santa Cruz, ?105 meters (?344 ft) below sea level.[16] This is also the lowest point on the South American continent. The geographic center of the country is located in south-central La Pampa province. The country has a territorial claim over a portion of Antarctica (unrecognized by any other country), where, from 1904, it has maintained a constant presence. Geographic regionsSource: CIA[17] Political map of Argentina showing the area it controls. The Falkland Islands (Islas Malvinas) are controlled by the United Kingdom but are claimed by Argentina.
Rivers and lakesMajor rivers in Argentina include the Pilcomayo, Paraguay, Bermejo, Colorado, Río Negro, Salado, Uruguay and the largest river, the Paraná. The latter two flow together before meeting the Atlantic Ocean, forming the estuary of the Río de la Plata. Regionally important rivers are the Atuel and Mendoza in the homonymous province, the Chubut in Patagonia, the Río Grande in Jujuy, and the San Francisco River in Salta. There are several large lakes in Argentina, many of them in Patagonia. Among these are lakes Argentino and Viedma in Santa Cruz, Nahuel Huapi in Río Negro and Fagnano in Tierra del Fuego, and Colhué Huapi and Musters in Chubut. Lake Buenos Aires and O'Higgins/San Martín Lake are shared with Chile. Mar Chiquita, Córdoba, is the largest salt water lake in the country. There are numerous reservoirs created by dams. Argentina features various hot springs, such as those at Termas de Río Hondo with temperatures between 89 °C and 65 °C.[18] Coastal areas and seasArgentina has of coastline.[19] The continental platform is unusually wide; in Argentina this shallow area of the Atlantic Ocean is called Mar Argentino. The waters are rich in fisheries and suspected of holding important hydrocarbon energy resources. Argentina's coastline varies between areas of sand dunes and cliffs. The two major ocean currents affecting the coast are the warm Brazil Current and the cold Falkland Current (Spanish: corriente antártica or corriente de las Malvinas). Because of the uneveness of the coastal landmass, the two currents alternate in their influence on climate and do not allow temperatures to fall evenly with higher latitude. The southern coast of Tierra del Fuego forms the north shore of the Drake Passage. ClimateBecause of longitudinal and elevation amplitudes, Argentina is subject to a variety of climates. As a rule, the climate is predominantly temperate with extremes ranging from subtropical in the north to subpolar in the far south. The north of the country is characterized by very hot, humid summers with mild drier winters, and is subject to periodic droughts. Central Argentina has hot summers with thunderstorms (in western Argentina producing some of the world's largest hail), and cool winters. The southern regions have warm summers and cold winters with heavy snowfall, especially in mountainous zones. Higher elevations at all latitudes experience cooler conditions. The hottest and coldest temperature extremes recorded in South America have occurred in Argentina. A record high temperature of , was recorded at Villa de María, Córdoba on January 2 1920. The lowest temperature recorded was at Valle de los Patos Superior, San Juan, July 17 1972. Major winds in Argentina include the cool Pampero blowing on the flat plains of Patagonia and the Pampas after a cold front; the Viento Norte, a warm wind that can blow from the north in mid and late winter creating mild conditions; and the Zonda, a hot and dry wind (see also foehn wind), affecting west-central Argentina. Squeezed of all moisture during the 6,000 meter descent from the Andes, Zonda winds can blow for hours with gusts up to 120 km/h, fueling wildfires and causing damage. When the Zonda blows (June-November), snowstorms and blizzard (viento blanco) conditions usually affect the higher elevations. The Sudestada (literally ?southeastern?) could be considered similar to the Noreaster, though snowfall is rarely involved (but is not unprecedented). Both are associated with a deep winter low pressure system. The sudestada usually moderates cold temperatures but brings very heavy rains, rough seas, and coastal flooding. It is most common in late autumn and winter along the coasts of central Argentina and in the Río de la Plata estuary. The southern regions, particularly the far south, experience long periods of daylight from November to February (up to nineteen hours), and extended nights from May to August. All of Argentina uses UTC-3 time zone. The country does observe daylight saving time occasionally, the last summertime being started at 0:00 December 30, 2007 and being finished at 0:00 March 16, 2008. Extremities Argentina's eastermost continental point is northeast of the town of Bernardo de Irigoyen, Misiones (), the westernmost in the Mariano Moreno Range in Santa Cruz (). The northernmost point is located at the confluence of the Grande de San Juan and Mojinete rivers, Jujuy (), and the southernmost is Cape San Pío in Tierra del Fuego ().[20] Enclaves and exclavesThere is one Argentine exclave, the Martín García Island (co-ordinates ). It is near the confluence of the Paraná and Uruguay rivers, a kilometer (0.62 mi) inside Uruguayan waters, and 3.5 kilometres (2.1 mi) from the Uruguayan coastline near the small town of Martín Chico (itself halfway between Nueva Palmira and Colonia del Sacramento). An agreement reached by Argentina and Uruguay in 1973 reaffirmed Argentine jurisdiction over the island, ending a century-old dispute. Under the terms of the agreement, Martín García is to be devoted exclusively as a natural preserve. Its area is about 2 square kilometres (500 acres), and its population is about 200 people. FloraSubtropical plants dominate the north, part of the Gran Chaco region of South America. The genus Dalbergia of trees is well disseminated with representatives like the Brazilian Rosewood and the quebracho tree; also predominant are white and black algarrobo trees (prosopis alba and prosopis nigra). Savannah-like areas exist in the drier regions nearer the Andes. Aquatic plants thrive in the wetlands dotting the region.
The ceibo is Argentina's national flower. Most of Patagonia in the south lies within the rain shadow of the Andes. The flora, shrubby bushes and plants, is well suited to withstand dry conditions. The soil is hard and rocky, making large-scale farming impossible except along river valleys. Coniferous forests grow in far western Patagonia and on the island of Tierra del Fuego. Conifers native to the region include alerce (Fitzroya cupressoides), ciprés de la cordillera (Austrocedrus chilensis), ciprés de las guaitecas (Pilgerodendron uviferum), huililahuán (Podocarpus nubigenus), lleuque (Prumnopitys andina), mañío hembra (Saxegothaea conspicua), and pehuén (Araucaria araucana), while native broadleaf trees include several species of Nothofagus including coigüe or coihue, lenga (Nothofagus pumilio), ñire (Nothofagus Antarctica). Other introduced trees present in forestry plantations include spruce, cypress, and pine. Common plants are the copihue and colihue (Chusquea culeou).[21] In Cuyo, semiarid thorny bushes and other xerophile plants abound. Along the many river oasis, grasses and trees grow in significant numbers. The area presents optimal conditions for the large scale growth of grape vines. In the northwest of Argentina there are many species of cacti. In the highest elevations (often above 4,000mts), no vegetation grows because of the extreme altitude, and the soils are virtually devoid of any plant life. The ceibo flower, of the tree Erythrina crista-galli, is the national flower of Argentina. FaunaMany species live in the subtropical north. Big cats like the jaguar, cougar, and ocelot; primates (howler monkey); large reptiles (crocodiles), and a species of caiman. Other animals include the tapir, capybara, peccary, bush dog, raccoon, and various species of turtle and tortoise. There are many birds, notably hummingbirds, flamingos, toucans, and parrots.
The hornero is one of the national emblems of Argentina. The western mountains are home to different animals. These include the llama, guanaco, vicuña, among the most recognizable species of South America. Also in this region are the fox, viscacha, Andean Mountain Cat, kodkod and the largest flying bird in the New World, the Andean Condor. Southern Argentina is home to the cougar, huemul, pudú (the world's smallest deer), and introduced, non-native wild boar.[21] The coast of Patagonia is rich in animal life: elephant seals, fur seals, sea lions, and species of penguin. The far south is populated by cormorant birds. The territorial waters of Argentina have abundant ocean life; mammals such as dolphins, orcas, and whales like the southern right whale, a major tourist draw for naturalists. Sea fish include sardines, argentine hakes, dolphinfish, salmon, and sharks; also present are squid and spider crab (centolla) in Tierra del Fuego. Rivers and streams in Argentina have many species of trout and the South American dorado fish. Outstanding snake species inhabiting Argentina include boa constrictors, and the very venomous yarará pit viper and South American rattle snake. The Hornero was elected the National Bird after a survey in 1928.[22] EconomyArgentina benefits from abundant natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base, that was once one of the wealthiest nations[23] with a large middle class but this segment of the population has suffered by a succession of economic crises. Argentina's economy started to slowly lose ground after 1945[24] when it went from a wealthy nation with a strong and prosperous economy to a deep recession in the mid 50s, losing its place in the position of prosperous industrialized nations.[25] The economy further declined during the military dictatorship that lasted from 1976 to 1983.[26] During this period, the government took out large loans with high interest rates from the IMF and private banking institutions. The country engaged in a disorganized and corrupt rapid liberalization that marked the end of its industrial hegemony in Latin America. During the military dictatorship over 400,000 companies of all sizes went bankrupt. The economic decisions made from 1983 till 2001 failed to revert the situation. Finally, in 2001, after 3 years of recession, the economy broke down and reached its worst point in history. Although significant since then, the result is that, today, while a significant segment of the population is still financially well-off, they stand in sharp contrast with the millions who have seen their purchasing power drastically reduced. Since 2002, there has been an improvement in the situation of the poorer sectors and a strong rebound of the middle class. The urban poverty rate dropped to 26.9% by 2007, down from 48 percent observed in 2003, but is still above the level prior to the recession.[27] From the late 1970s the country piled up public debt and was plagued by bouts of high inflation. In 1991, the government pegged the peso to the U.S. dollar and limited the growth in the money supply. It then embarked on a path of trade liberalization, deregulation and privatization. Inflation dropped and gross domestic product grew, but external economic shocks and failures of the system diluted benefits, causing the economy to crumble slowly from 1995 until the collapse in 2001.
Newbery Airfield, Buenos Aires. One of two international airports in Buenos Aires, it's helped link Argentina to the world as well as the vast nation to its capital. In 2003, import substitution policies and soaring exports, coupled with lower inflation and expansive economic measures, triggered a surge in the GDP. This was repeated in 2004 and 2005, creating millions of jobs and encouraging internal consumption. Capital flight decreased, and foreign investment slowly returned. An influx of foreign currency from exports created a huge trade surplus. The Central Bank was forced to buy dollars from the market, and continues to do so from time to time to prevent the Argentine peso from appreciating significantly and cutting competitiveness. The situation by 2006 was further improved. The economy grew 8.8% in 2003, 9.0% in 2004, 9.2% in 2005, 8.5% in 2006, and 8.7% in 2007, though inflation, estimated at around 12 to 15% (official numbers are 9.8% for 2006), has become an issue again, and income distribution is still considerably unequal.[28][29] SectorsArgentina is one of the world's major agricultural producers, ranking third worldwide in production of soybeans, fifth in maize, and eleventh in wheat. In 2007, agricultural output accounted for 10% of GDP, and nearly one third of all exports. Soy and vegetable oils are major export commodities at 32% of exports. Wheat, maize, oats, sorghum, and sunflower seeds totalled 7%.[30] Cattle is also a major industry. Beef, milk, leather products, and cheese were 6% of total exports.[30] Sheep and wool industries are important in Patagonia, pigs and caprines elsewhere.
View of soy fields. Though Argentina's is now an industrial and service economy, agriculture still earns more than half the foreign exchange. Industrial petrochemicals, oil, and natural gas are Argentina's second group of exports, 20% of totals. The most important oil fields lie in Patagonia and Cuyo. An impressive network of pipelines send raw product to Bahia Blanca, center of the petrochemical industry, and to the La Plata-Rosario industrial belt. Coal is also mined. Mining is a growing industry. The northwest and San Juan Province are main regions of activity. Metals mined include gold, silver, zinc, magnesium, copper, sulfur, tungsten and uranium. In only ten years exports soared from US$ 200 million to 1.2 billion in 2004, 3% of total.[33] Estimates for 2006 are US$ 2bn, a 10 fold rise from 1996. In fisheries, argentine hake accounts for 50% of catches, pollack and squid follow. Forestry has expanded in Mesopotamia; elm for cellulose, pine and eucalyptus for furniture, timber, and paper products. Both sectors each account for 2% of exports.
The Yacyretá Dam hydroelectric complex is the second largest in the world. The telecommunication sector has been growing at a fast pace, with an important penetration of mobile telephony (More than 75% of the population)[34]internet (with more than 16 million people online),[35] and broadband services (4.1%). Regular telephone (with 9.5 million lines)[36] and mail are robust. Argentina produces energy in large part through well developed hydroelectric resources; nuclear energy is also of high importance.[37] The country is one of the largest producers and exporters (with Canada and Russia) of Cobalt-60, a radioactive isotope widely used in cancer therapy. Construction has led employment creation in the current economic expansion and is 6% of GDP. The service sector is the biggest contributor to total GDP, accounting for 58%. Argentina enjoys a diversified service sector, which includes well-developed social, corporate, financial, insurance, real-estate, transport and communication services, as well as vigorous commercial and tourist trades. Tourism is increasingly important, now providing 7% of economic output. Argentines are traveling more within their borders, and foreigners are flocking to a country seen as affordable, safe, and incredibly diverse: Cosmopolitan Buenos Aires and Rosario; the Iguazu Falls and colonial Salta; the South American indigenous Jujuy Province and fun-filled Córdoba; the wineries of Mendoza; the ski-suitable scenic Bariloche to the beaches of Pinamar; and Perito Moreno Glacier to Tierra del Fuego. 3.7 million tourists visited in 2005.[38] Transportation
A cargo ship in front of the Rosario-Victoria Bridge.
Light rail in Buenos Aires The railway network has a total length of 31,902 km.[41] After decades of decaying service and lack of maintenance, most passenger services shut down in 1992 when the rail company was privatized, and thousands of kilometers of track are now in disrepair. Railway services are currently being reactivated among several cities. The country has around 3,000 kilometers of waterways, the most significant among these being the Río de la Plata, Paraná, Uruguay, Río Negro and Paraguay rivers. Water supply and sanitationWater supply and sanitation in Argentina faces five key challenges: (i) low coverage with higher levels of service provision for its income level; (ii) poor service quality; and (iii) high levels of pollution; (iv) low cost recovery; and (v) unclear allocation of responsibilities between institutions in the sector. PopulationContemporary figuresThe National Institute of Statistics and Census of Argentina (INDEC) 2001 census showed the population of Argentina was 36,260,130. It ranks third in South America in total population and 30th globally. The 2007 estimate is 40,927,301. Argentina's population density is 14 inhabitants per square kilometer. However, the population is not evenly distributed: areas of the city of Buenos Aires have a population density of over 14,000 inhab./km², while Santa Cruz province has less than 1 inhab./km². Argentina is the only nation in South America with a net positive migration rate, of about +0.4 persons.[44] Cities and metropolitan areasAs of 2005, Argentina's 20th largest metropolitan areas are:
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