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Economy - overview:
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Over the past decade, however, the country has suffered problems of inflation, external debt, capital flight, and budget deficits. Growth in 2000 was a negative 0.8%, as both domestic and foreign investors remained skeptical of the government's ability to pay debts and maintain the peso's fixed exchange rate with the US dollar. The economic situation worsened in 2001 with the widening of spreads on Argentine bonds, massive withdrawals from the banks, and a further decline in consumer and investor confidence. Government efforts to achieve a "zero deficit," to stabilize the banking system, and to restore economic growth proved inadequate in the face of the mounting economic problems. The peso's peg to the dollar was abandoned in January 2002, and the peso was floated in February. The exchange rate plunged and real GDP fell by 10.9% in 2002, but by mid-year the economy had stabilized, albeit at a lower level. GDP expanded by about 9% per year from 2003 to 2005. Growth is being led by a revival in domestic demand, solid exports, and favorable external conditions. The government boosted spending ahead of the October 2005 midterm congressional elections, but strong revenue performance allowed Argentina to maintain a budget surplus. Inflation has been rising steadily and reached 12.3 percent in 2005. |
Trade Fairs,
Exhibitions, Conferences: |
Asociación Argentina de Químicos Cosméticos
The Asociación Argentina de Químicos Cosméticos is a non-profit civil entity founded on March 20, 1971, aimed at promoting the development of scientific and technological knowledge in cosmetic research and production.
It is a member of the International Federation of Societies of Cosmetic Chemists (IFSCC), the international entity that granted the Lester Conrad award to the Argentine association in 1984 and 1997.
BIEL Light+Building Buenos Aires
International Trade Fair for Electrical Engineering, Electronic and Lighting
Venue: La Rural Trade Center, Buenos Aires, Argentina
CONCRETA - ExpoCasa
Trade Show for Construction and Decoration
Venue: El Complejo Ferial Córdoba
Cosmesur Beautyworld Buenos Aires
14th International Hair Styling, Perfume, Cosmetics, Aesthetics and Beauty Fair.
Edition after edition, Cosmesur Beautyworld has positioned itself as the most outstanding beauty event in Latin America.
Venue: La Rural Trade Center, Buenos Aires, Argentina
ETIF
Congress and Exhibition of Pharmaceutical Technology
Expo Management
Buenos Aires
Mendoza Expo Beauty Hair Show
Mendoza Expo Beauty Hair Show is organized by the Argentine company Cibermodo Beauty Average Network, directed by Alicia Spraggon and Daniel Márquez, who counts on more than 15 years of trajectory working in the market of professional beauty in Argentina and Latin America. |
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