Advances in Economics, Management and Political Sciences

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Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 1

Series Vol. 5 , 24 April 2023


Open Access | Article

The Underlying Factors of Argentina’s Inability to Escape the Middle Income Trap

Yi Lai * 1
1 St.George’s School, 4175 West 29th Ave, Vancouver Canada, V6S 1V1

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 5, 124-129
Published 24 April 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yi Lai. The Underlying Factors of Argentina’s Inability to Escape the Middle Income Trap. AEMPS (2023) Vol. 5: 124-129. DOI: 10.54254/2754-1169/5/20220071.

Abstract

When the issue of climate change is brought to the general public, it is often a global disaster. Ironically, many people are deliberately unaware of the global climate disaster due to its wide breadth. To better frame the threats of climate change, there needs to be more focus on national or local economies. This paper uses the framework of the middle-income trap to examine the effects of climate change on Argentina's agriculture industry and national infrastructure. Through analysis, it is found that the fluctuation of Argentina's high-income and middle-income status closely correlates with climate change.

Keywords

Argentina, Middle income trap, climate change, economy, agriculture

References

1. Nellari, Raj., Shahid, Yusef., Griffith, Brenda, Rwitwika, Bhattacharya. (2011). Middle Income Trap. Frontiers in Development Policy. The World Bank. https://doi.org/10.1596/978-0-8213-8785-6

2. Zhou, S., Hu, A. (2021). What Is the “Middle Income Trap”?. In: China: Surpassing the “Middle Income Trap”. Contemporary China Studies. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-15-6540-3_1

3. Ferrelli, F., Brendel, A. S., Perillo, G. M., & Piccolo, M. C. (2021). Warming signals emerging from the analysis of daily changes in extreme temperature events over Pampas (Argentina). Environmental Earth Sciences, 80(12). https://doi.org/10.1007/s12665-021-09721-4

4. Barros, V. R., Boninsegna, J. A., Camilloni, I. A., Chidiak, M., Magrín, G. O., & Rusticucci, M. (2015). Climate change in Argentina: trends, projections, impacts and adaptation. Wiley Interdisciplinary Reviews: Climate Change, 6(2), 151-169.

5. Barbier, E. B., & Hochard, J. P. (2020). The impacts of climate change on the poor in disadvantaged regions. Review of Environmental Economics and Policy.

6. Kesete, Y. Y., Raffo, V., Pant, R., Koks, E. E., Hall, J. W., Russell, T., & Paltan, H. (2021). Climate Change Risk Analysis of Argentina’s Land Transport Network. https://documents1.worldbank.org/curated/en/195711635419179910/pdf/Climate-Change-Risk-Analysis-ofArgentina-s-Land-Transport-Network.pdf

7. Donner, Richard F. & Schneider, Ben Ross. (2016). The Middle-Income Trap. World Politics. 68(4), 508-644. https://doi.org/10.1017/S0043887116000095

8. Kohli, H. A., & Mukherjee, N. (2011). Potential Costs to Asia of the Middle Income Trap. Global Journal of Emerging Market Economies, 3(3), 291–311. https://doi.org/10.1177/097491011100300303

9. Jourdan, A., Misculin, N., & Raszewski, E. (2019). Power mostly restored after massive blackout in Argentina, but questions remain, 1–1.

10. Velasco, Andres. (2015). Greece, Argentina, and the Middle-Income Trap. Columbia University Chazen Global Insights. https://www8.gsb.columbia.edu/articles/chazen-global-insights/greece-argentina-and-middle-incometrap

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 1
ISBN (Print)
978-1-915371-21-8
ISBN (Online)
978-1-915371-22-5
Published Date
24 April 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/5/20220071
Copyright
24 April 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated