1. Argentina and the Great Depression
Despina Pavlidis
IB HOA
Period 3

2. Before the Great Depression
1913: world’s 10th wealthiest nation
Specialized production in beef and wheat
mainly exports to Great Britain
Educated workforce
mostly European immigrants
1916: Radical Party - Hipólito Yrigoyen
1st period of democracy to represent the urban/industrial classes

3. During the Great Depression
1929: beef and wheat exports drop by 40%
1930: Yrigoyen overthrown by military coup
1933: Roca-Runciman Agreement
guaranteed Argentina a fixed share in British meat market
eliminated tariffs on Argentine cereals
preferential import duties for British goods
Protectionist policies
exchange control, high import duties, import licences

4. Argentine Fiscal Policy

5. Bibliography