Argentina: History


  1. 1502

    Europeans arrive in the region with the voyage of Amerigo Vespucci.

  2. 1816

    Argentina declares independence from Spain.

  3. Late 19th Century

    The introduction of modern agriculture techniques and the integration of Argentina into the world economy, as well as foreign investment and immigration, lead to an economic revolution in the country. Argentina becomes one of the world’s ten wealthiest nations.

  4. 1946

    Juan Peron wins the election for presidency. He pursues policies aimed at empowering the working class.

  5. 1955

    Peron is sent into exile after the military leads a coup against him. For almost the next two decades, military and civilian leaders trade power as the economy slows and domestic terrorism rises.

  6. 1976

    A military coup takes over the government. The resulting dictatorship saw basic order gradually restored, but at the cost of thousands of lives and brutal measures.

  7. 1982

    Argentine troops occupy the Falkland Islands, which are held by the British. Argentina claims that it has control over the islands. This leads to the Falklands War, which Britain wins in three months.

  8. 1983

    Democracy returns and the government is returned to civilian rule. Raul Alfonsin becomes president.

  9. 1992

    The government introduces Peso-Dollar parity (convertibility) to try to fight the country’s high inflation.

  10. 1998

    Argentina's economy, straddled with huge amounts of public debt, begins to fall following the Asian financial crisis. Much of the country's capital begins to leave, leading to a four year depression.

  11. 2001

    A general strike is organized over austerity proposals. The strike shutdowns much of the country and Argentina’s credit ratings fall. A financial panic ensues, pushing share prices to record lows

  12. 2002

    With the economy nearing a collapse, Eduardo Duhalde is named president. He quickly devalues the Peso, ending its parity with the United States Dollar. He also stops all banking and foreign exchange activity to try to stop the economy from crashing.

  13. 2003

    Argentina and the International Monetary Fund (IMF) agree to a deal that allows the country to only pay the interest on its loans.

  14. 2009

    Argentina's parliament passes a law that claims the Falkland Islands and a few other islands in the area. Britain maintains its claim to the islands.

  15. 2013

    Falkland Islanders vote in favor of remaining a British territory.

Sources:

BBC News
Britannica

Glossary