Brad De Long
Fri, 15 Sep 2000 09:31:21 -0700
>I don't pretend to know much about Peron's policies. He had a basically >agricultural economy... In 1913 Buenos Aires is 13th in the world in telephones per capita. In 1929 Argentina is fifth in the world in automobiles per capita. Argentinian manufacturing output per capita on the eve of World War II was twice that of Italy, and ahead of France. As I said quite a while ago, Argentina was a *first* *world* country--like Canada, Austrlia, or New Zealand--up until the 1950s. Arguments that development possibilites were constrained by relative backwardness may work elsewhere: they don't make *any* sense for Argentina. Brad DeLong -- Professor J. Bradford DeLong Department of Economics, #3880 University of California at Berkeley Berkeley, CA 94720-3880 (510) 643-4027; (925) 283-2709 voice (510) 642-6615; (925) 283-3897 fax http://www.j-bradford-delong.net/