1998 GDP per capita (in current US Dollars)
Argentina - 8303
Brazil - 5077
Chile - 5355
2010 GDP per capita (IMF est projection)
Argentina - 7308
Brazil - 8923
Chile - 9333
Anyone else want to default on their debt?
:cry:
I've got a great idea. Let's discuss Pinochet's economic legacy.
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
No wonder they're making noises about the Falklands again.
Quote from: Jaron on February 19, 2010, 03:55:36 PM
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
Obama already has plenty of Chicago economists. ;)
Quote from: Jaron on February 19, 2010, 03:55:36 PM
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
I bet he could make you disappear. In which case... :shifty:
Quote from: derspiess on February 19, 2010, 05:56:39 PM
Quote from: Jaron on February 19, 2010, 03:55:36 PM
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
I bet he could make you disappear. In which case... :shifty:
You want to have to make your own tacos? :huh:
Quote from: Agelastus on February 19, 2010, 05:43:58 PM
No wonder they're making noises about the Falklands again.
Yup, desperate times call for an external enemy.
Quote from: Admiral Yi on February 19, 2010, 03:54:32 PM
I've got a great idea. Let's discuss Pinochet's economic legacy.
Brazil is led by a Communist. Are you ready to ascribe their economic prosperity to political ideology?
Quote from: Fate on February 20, 2010, 12:25:26 AM
Brazil is led by a Communist. Are you ready to ascribe their economic prosperity to political ideology?
The Communist political ideology of mollifying the bond markets.
Quote from: derspiess on February 19, 2010, 05:56:39 PM
Quote from: Jaron on February 19, 2010, 03:55:36 PM
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
I bet he could make you disappear. In which case... :shifty:
You still want me to disappear? Why?
:crocodile tears:
an even better statistic is the one comparing Argentina's global economic standing in, say 1900, with that of any time over the last thirty years. :lol:
Quote from: Jaron on February 20, 2010, 03:24:44 AM
Quote from: derspiess on February 19, 2010, 05:56:39 PM
Quote from: Jaron on February 19, 2010, 03:55:36 PM
I bet that according to many Tea Partyists, Pinochet could do wonders for the US right now.. ;)
I bet he could make you disappear. In which case... :shifty:
You still want me to disappear? Why?
He's got a new Magician box.
Quote from: The Minsky Moment on February 19, 2010, 03:48:39 PM
1998 GDP per capita (in current US Dollars)
Argentina - 8303
Brazil - 5077
Chile - 5355
2010 GDP per capita (IMF est projection)
Argentina - 7308
Brazil - 8923
Chile - 9333
Weird. Googling says Mexico has a GDP per Capital of around $12k, but I owuld never think Mexico was richer than Argentina and Chile.
The PRI must not have been so bad as the Peronistas.
Quote from: Peter Wiggin on February 20, 2010, 01:01:16 PM
The PRI must not have been so bad as the Peronistas.
Peronism was only in charge of Argentina for a minority of the twentieth century. The blame really deserves to go on the monsters of the various military regimes. Them and the radicals like de la Rua and Menem.
QuoteI've got a great idea. Let's discuss Pinochet's economic legacy.
Not that great. Chile's doing well, but so's Brazil despite the fact that they didn't have an aggressively free market tyrant - indeed their reforms were (shockingly) put through by a democratic regime. Same goes for Argentina in the period up to 1998. I think the fact that Chile and Brazil were almost equal is pretty damning of Pinochet's economic legacy.
Quote from: Peter Wiggin on February 20, 2010, 01:01:16 PM
The PRI must not have been so bad as the Peronistas.
PAN has been in power in Mexico for at least the last decade though. :huh:
Sure, but they probably had a less fucked up starting position than some of the banana republics.
Quote from: Peter Wiggin on February 20, 2010, 03:08:21 PM
Sure, but they probably had a less fucked up starting position than some of the banana republics.
You mean Chile? Yeah, they have the richest copper reserves in the world. Half their economy is based on it.
I really hate economy.
Quote from: Faeelin on February 20, 2010, 10:36:03 AM
Quote from: The Minsky Moment on February 19, 2010, 03:48:39 PM
1998 GDP per capita (in current US Dollars)
Argentina - 8303
Brazil - 5077
Chile - 5355
2010 GDP per capita (IMF est projection)
Argentina - 7308
Brazil - 8923
Chile - 9333
Weird. Googling says Mexico has a GDP per Capital of around $12k, but I owuld never think Mexico was richer than Argentina and Chile.
You are probably looking at a PPP measure of GDP. Under a nominal measure, Mexico is around $8000, or right in the middle of this 3 country group.
For comparison, in PPP terms Argentina and Chile would be around 14 and Brazil around 10.5.
Argentina has been growing in PPP terms since 03, but not much in terms of either dollars or constant domestic prices. Basically PPP is picking up the fact that Argentines can pay for domestic services (like haircuts or maid services) in depressed pesos, and is treating at as greater "wealth". But in terms of what Argentina gross domestic product can command in the global marketplace, it has fallen behind.