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Summary A-Level Edexcel Economics A Case Study for Macroeconomics

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Case study of Argentinian Economy for Pearson Edexcel Economics A Macroeconomics side, which can be used in essay answers, specifically when asked to "refer to a developing country of your choice". Suitable for both AS-Level and A-Level Economics students

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Uploaded on
September 2, 2024
Number of pages
3
Written in
2023/2024
Type
Summary

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Country Profile - Argentina
Created @May 7, 2024 9:44 AM

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General Information:
Second-largest national economy in South America

Developing country with a highly literate population

Export-orientated agricultural sector and a diversified industrial base

Argentina benefits from rich natural resources

Income maldistribution and poverty have increased during period of
industrialisation (links to Kuznets Curve)

In December 2023, new Libertarian Prime Minister Javier Milei was appointed,
who is a supporter of laissez-faire economics


Sectors of Argentinian Economy:
Agricultural
One of the world’s major agricultural producers and exporters

Products such as beef, citrus fruit, grapes, honey, maize

Agriculture accounts for around 9% of GDP, and around 20% of exports

Processed food and feed accounts for another third of exports

Natural Resources
Mining of resources are growing industries in Argentina

Accounts for 4% of GDP

Metals and minerals mined: Borate, Copper, Lead, Magnesium, Sulphur,
Tungsten



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