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Argentina already is a regional power and always has been (ABC powers and whatnot), but to become a superpower or great power there are a whole host of other as
by alephnerd 1y ago
Argentina already is a regional power and always has been (ABC powers and whatnot), but to become a superpower or great power there are a whole host of other aspects with regards to power projection needed that Argentina lacks.
That said, being a great power or superpower or even a large regional power is orthogonal to having a high standard of living.
For example, by most standards, Brazil is a significantly larger and more powerful nation than Argentina, yet the median Brazilian remains much poorer, less educated, and less healthier than the median Argentinian based on developmental metrics.
Argentina is by most standards a fairly developed country which converged with the living standards of much of Southern Europe decades ago, but hasn't been able to take full advantage of the fairly strong human capital advantage it has due to structural issues that stem from the origin sins of the country itself. I recommend AJR's analysis on the Argentina if you want to deep dive into it.
- labrador 1y agoI'm assuming you mean Daron Acemoglu, Simon Johnson, and James Robinson "In 2024, the Nobel Prize in Economics was awarded to Daron Acemoglu, Simon Johnson, and James Robinson for their research on why nations succeed or fail. Their work underscores a truth Argentina has long resisted: prosperous countries are built on inclusive, enduring institutions — not on ideologies, strongmen, or short-term fixes. Institutions create stable frameworks that transcend election cycles, resist political opportunism, and enable a country to engage productively with the world." https://buenosairesherald.com/op-ed/argentinas-dream-of-the-big-leagues-and-the-perils-of-self-sabotage https://buenosairesherald.com/op-ed/argentinas-dream-of-the-...