>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 

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

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