The paper "Evaluation of Railway Development in Argentine Economy" is a wonderful example of a report on macro and microeconomics. Over time and especially considering the period 1880 to 1930, the economic history of Argentina is among the most popular with its attraction of various studies conducted by a number of scholars on it. The Argentine economic history is as famous owing to its unique condition as a state that was able to attain advanced development in the early periods of the 20th century and later on experienced a reversal. The Argentine early success and later drawbacks inspired a wealth of literature and analyses on the causes of this decline with the aim of unraveling the causes of the success and economic turmoil (Bulmer-Thomas, 1994). Looking back into a clear analysis of the whole history of Argentina puts the British either as progressive partners of Argentina that focused in the country’ s development or as the creators of insuperable drawbacks that did much damage through constraining the economic life and public policy of the Argentine people (Corradi, 1985).
The British engaged in unequal and biased commercial and financial relations that derailed the Argentine economy alongside the constant military interventions that Argentina faced during its revolutionary period and the immediate post-independence time. After the development and construction of steamships and railways in Latin America, most of the continent’ s states had the ability to gear successfully towards a global economy that came with many benefits.
This development however concentrated much in Argentina and major towns of Brazil since the governments of these countries already had a strong collaboration and joint efforts in British expansion.
This was indeed the most important reason for little peremptory interventions in the interests of Britain. As a result, the economies of such countries expanded more tremendously with the extensions of trade areas and farming activities resulting from extended foreign-owned railways.
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