The 2010 CIA World Factbook. United States. Central Intelligence Agency

The 2010 CIA World Factbook - United States. Central Intelligence Agency


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or party - FpV 8, ACyS 14, PJ disidente 2; Chamber of Deputies - percent of vote by bloc or party - NA; seats by bloc or party - FpV 45, ACyS 42, PRO 20, PJ disidente 12, other 8; note - as of 13 January 2009, the composition of the entire legislature is as follows: Senate - seats by bloc or party - FpV 36, ACyS 23, PJ disidente 9, other 4; Chamber of Deputies - seats by bloc or party - FpV 113, ACyS 77, PRO 26, PJ disidente 17, other 24

      Judicial branch:

      Supreme Court or Corte Suprema (the Supreme Court judges are appointed by the president with approval of the Senate)

      note: the Supreme Court has seven judges; the Argentine Congress in 2006 passed a bill to gradually reduce the number of Supreme Court judges to five

      Political parties and leaders:

      Civic and Social Accord or ACyS (a broad center-left alliance-including the CC, UCR, and Socialist parties-created ahead of the 2009 legislative elections); Civic Coalition or CC (a broad coalition loosely affiliated with Elisa CARRIO); Dissident Peronists or PJ Disidente (a sector of the Justicialist Party opposed to the Kirchners); Front for Victory or FpV (a broad coalition, including elements of the UCR and numerous provincial parties) [Cristina FERNANDEZ DE KIRCHNER]; Interbloque Federal or IF (a broad coalition of approximately 12 parties including PRO); Justicialist Party or PJ [Daniel SCIOLI]; Radical Civic Union or UCR [Ernesto SANZ]; Republican Proposal or PRO [Mauricio MACRI] (including Federal Recreate Movement or RECREAR [Esteban BULLRICH]; Socialist Party or PS [Ruben GIUSTINIANI]; Union For All [Patricia BULLRICH] (associated with the Civic Coalition); numerous provincial parties

      Political pressure groups and leaders:

      Argentine Association of Pharmaceutical Labs (CILFA); Argentine

       Industrial Union (manufacturers' association); Argentine Rural

       Confederation or CRA (small to medium landowners' association);

       Argentine Rural Society (large landowners' association); Central of

       Argentine Workers or CTA (a radical union for employed and

       unemployed workers); General Confederation of Labor or CGT

       (Peronist-leaning umbrella labor organization); White and Blue CGT

       (dissident CGT labor confederation); Roman Catholic Church

      other: business organizations; Peronist-dominated labor movement; Piquetero groups (popular protest organizations that can be either pro or anti-government); students

      International organization participation:

      AfDB (nonregional member), Australia Group, BCIE, BIS, CAN

       (associate), FAO, FATF, G-15, G-20, G-24, G-77, IADB, IAEA, IBRD,

       ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO,

       IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA,

       Mercosur, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS, OPANAL,

       OPCW, Paris Club (associate), PCA, RG, SICA (observer), UN, UNASUR,

       UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, Union Latina (observer),

       UNTSO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC

      Diplomatic representation in the US:

      chief of mission: Ambassador (vacant)

      chancery: 1600 New Hampshire Avenue NW, Washington, DC 20009

      telephone: [1] (202) 238–6400

      FAX: [1] (202) 332–3171

      consulate(s) general: Atlanta, Chicago, Houston, Los Angeles, Miami, New York

      Diplomatic representation from the US:

      chief of mission: Ambassador Vilma MARTINEZ

      embassy: Avenida Colombia 4300, C1425GMN Buenos Aires

      mailing address: international mail: use embassy street address; APO address: US Embassy Buenos Aires, Unit 4334, APO AA 34034

      telephone: [54] (11) 5777–4533

      FAX: [54] (11) 5777–4240

      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; the colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun

      National anthem:

      name: "Himno Nacional Argentino" (Argentine National Anthem)

      lyrics/music: Vicente LOPEZ y PLANES/Jose Blas PARERA

      note: adopted 1813; Vicente LOPEZ was inspired to write the anthem after watching a play about the 1810 May Revolution against Spain

      Economy ::Argentina

      Economy - overview:

      Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - the largest in history - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in early 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy has rebounded from the 2009 recession, but the government's continued reliance on expansionary fiscal and monetary policies risks exacerbating already high inflation, which remains under-reported by official statistics.

      GDP (purchasing power parity):

      $596 billion (2010 est.) country comparison to the world: 24 $554.5 billion (2009 est.)

      $571.6 billion (2008 est.)

      note: data are in 2010 US dollars

      GDP (official exchange rate):

      $351 billion (2010 est.)

      GDP - real growth rate:

      7.5% (2010 est.) country comparison to the world: 14 −3% (2009 est.)

      5% (2008 est.)

      GDP - per capita (PPP):

      $14,700 (2010 est.) country comparison to the world: 76 $13,700 (2009 est.)

      $14,100 (2008 est.)

      note: data are in 2010 US dollars

      GDP - composition by sector:

      agriculture: 8.5%

      industry: 31.6%

      services:


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