Abstract
This chapter presents a brief profile of Argentina describing its economic and social history over the past 70 years. An overview of human and economic development data is presented and highlights various economic indicators surrounding the turbulent country situation. Its purpose is to contribute to understanding the evolution of the social climate and economic trends applied by successive governments. The second part discusses the impact of the highly volatile economy on SMEs. A descriptive and detailed table in the Annex presents a summary of the main political, economic and social developments since 1946 until today.
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Notes
- 1.
Labour force participation rate: The proportion of the country’s working-age population that engages actively in the labour market, either by working or looking for work. Source: International Labour Organization, Estimates and Projections of the Economically Active Population (EAPEP), 2013 Edition (accessed March 2015).
- 2.
Employment-to-population ratio: The proportion of the country’s working age population that is currently employed as a percentage of the total population. Source: International Labour Organization, Trends Econometric Models, October 2014 (accessed March 2015). Cited from World Economic Forum. The Human Capital Report 2015.
- 3.
Unemployment rate: The number of unemployed persons as a percentage of the total number of employed and unemployed persons (i.e., the labour force). Source: International Labour Organization, Trends Econometric Models, October 2014 (accessed March 2015). Cited from World Economic Forum. The Human Capital Report 2015.
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Hiba, J.C. (2016). Argentina: A Chronically Variable Socio-Economic Environment for SMEs. In: North, K., Varvakis, G. (eds) Competitive Strategies for Small and Medium Enterprises. Springer, Cham. https://doi.org/10.1007/978-3-319-27303-7_9
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