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CAPITAL

Buenos Aires

CAPITAL

Buenos Aires

The

Argentina

of

The country's Chief Port

Autonomous City of Buenos Aires

Autonomous City of Buenos Aires

The national economy is overwhelmingly dependent on its production and export of agricultural commodities.

(Ciudad Autónoma de Buenos Aires )

Buenos Aires is located on the western shore of the estuary of the Río de la Plata in Argentina , on South American southeastern coast.

largest metropolitan area in South America

Main spoken language include

Spainish & Italian

Spainish & Italian

Government

Population

Buenos Aires has a somewhat aged population in the past several years , as 22% of the population in 2001 was over

The government structure of Argentina is a democracy, containing three branches: executive, legislative, and judiciary.

The current metro area population in 2022 has a 0.73% increase from 2021, with a number of

60

years old.

15,370,000

Urban growth & history

the president is the head of state and head of government

the two chambers of the Argentine national congress

Late 17th to 18th century

In the 19th century,

Executive

Legislative

Settles spread rapidly along the parana river, where it is irrigated by many streams and rivers. Beunos aires had a trade-dominated economy from the start, by the beginning of the 18th century, thousands of tons of cereals, cattle hides and dried beef were exported to brazil, and the Caribbean islands. The british were the principal source of capital and transportation.

Due to industrialisation, transformation of capitalism, and improvement in technology, Argentina was made economically viable, as one of the world's principal exporters of agricultural products.

Judiciary

independent of executive and legislature.

Since the adoption of privatization (the process by which a piece of property or business goes from being owned by the government to being privately owned) in 1992, most public services are owned by private national and multinational companies. The municipal government is only in charge of construction and maintenance of pavements, sidewalks and parks.

Buenos Aires gained a massive amount of wealth at that time. The city attracted thousands of immigrants from Spain, Italy, easter Europe and Germany, due to the increase in job opportunities in the port and the slaughterhouses on the outskirts., and so, the city grew massively. Lots of germans moved into the city also because of facism.

Over the last few decades, though the city is still growing, Buenos Aires had experienced economic decline and low birth rates, the growth of population therefore slowed down.

Good sewage system and waste-disposal system

Pull factors of Buenos Aires

Pull factors of Buenos Aires

High quality healthcare

With garbage-burning centres and waste filling the lowlands of rio de la plata.

The city has municipal and private hospitals, numerous neighbourhood dispensaries, pharmacies and clinics. A high number of hospital bed are maintained to accommodate patients from other parts of Argentina.

Cheap and efficient (public) transportation

Public and private investments

Subway system, highway system with electric suburban lines connecting the city with towns of Tigre and Moreno, expressways, ferry, high-speed catamaran, traffic calming measures like speed bumps and closed streets to control noise, air pollution and traffic congestion)

Stable and sufficient electricity supply. Parks, sports areas and construction sites converted from reclaimed areas.

Better educational system

Clean water supply

Primary and secondary education doesn’t require a tuition fee - allowing almost all children to receive basic education.

Large water purification plant to treat water from Rio de la Plata.

Vehicles, dense population & industrial concentration

Extreme population density

an average of 14000 people per square kilometre

Vehicles, dense population & industrial concentration

Lack of housing

is a huge cause of

air and noise pollution

air and noise pollution

Leading to an increase in housing prices, land ret and disorganised shanty towns for people who failed to afford a proper house.

leading to diseases and sickeness.

Crowded public hospitals without full access to modern technology leading to

Urban sprawl

and lack of infrastructure as a result of poor planning. Around 12,000,000 live in these substandard housing. Informal sectors also have a lack of social services like schools and hospitals - which leads to a big disparity of wealth.

Poor health care for the poor

Poor health care for the poor

Slums

overcrowded

Loss of biodiversity and agricultural land

which increases death rate.

problems of rapid urbanisation

Loss of biodiversity and agricultural land

Frequently fluctuating economy

Loss of biodiversity and agricultural land

Biodiversity loss

instability

crime

due to pollution and deforestation for soybean production

Argentina nosedived into an economic crisis in 2018 and it’s still far from fully recovered.

Some of the world’s highest inflation, so prices changes, salary changes. Leading to unstable employment and maybe a lack of jobs when the city is in an economic downfall.

Flooding

Flooding

High crime rate

Poverty

as a result of the

inequality of wealth

Due to the city's location in a low-lying pampas region with year-round rainfall. Flood control and stormwater management is a growing issue for Buenos Aires.

Due to the government’s unrestrained spending and failed attempts in revitalising the economy. Also, the government’s lack of confidence in executing an economic plan.

Argentina’s richest 10% control more wealth than 60% of the country.

which is also a cause of corruption, and unlawful killings by police.

Increase in THEFTS and ROBBERIES – as people lose jobs very often and become homeless.

Argentina fosters solutions that contribute to maintaining a balance between the three pillars of sustainable development: economic, social and environmental development, as set forth in the 2030 Agenda for Sustainable Development.

1. National Housing and Habitat Plan

Over the course of three years (2016-19), the US$ 6.4 billion Plan had supported over 1 million housing interventions, including the urbanization of 280 informal settlements. The World Bank is working with the government to support this Program through two recently approved projects; the Integrated Habitat and Housing Project and the Metropolitan Buenos Aires Urban Transformation Project, financing comprehensive urban interventions in the emblematic neighborhood of Barrio 31, in the city center. At the same time, the project will support the Government in its efforts to improve living conditions for an estimated 18,000 households living in informal settlements, by providing secure legal tenure, increasing access to basic services, improving public spaces and community infrastructure, reducing environmental risks and strengthening social programs.

Aim to increase access to housing as well as reducing the spread of informal settlements. To provide a better living environment to the vulnerable and poor.

HOUSING

ENVIRO

2. Partnership with Coalition for environmental issues

Aim to improve and monitor air quality and climate change which is greatly affecting the living conditions in the cities.

Argentina became a partner with CCAC in 2018, they are currently monitoring air quality through its federal monitoring network, which records air, water, and soil data for the country, they are supporting and participating in the Coalition's initiatives, including Reducing Black Carbon from Heavy Duty Diesel Vehicles and Engines and Supporting National Planning for action on SLCPs (SNAP).

NMENT

3. Extended Fund Facility (EFF)

After the transfer of private debt in 2020, an agreement was reached with the International Monetary Fund in early 2022. With a duration of 30 months and a four-and-a-half-year grace period, this program will allow the country to postpone its maturities with the agency and strengthen its reserves in the short term. The government is committed to an inflation-targeting regime with freely floating exchange rates, where the central bank has adopted a new, more credible path of inflation targets. The government also announced a series of measures that will reinforce the central bank’s independence, including the immediate stop of direct and indirect money transfers to the Treasury and the intention to send to Congress a new charter for the bank that would strengthen the autonomy of its operation

Aim to restore financial markets’ confidence and progressively lessen/ reduce the amount the federal government is spending. To achieve a balance, where revenue and spending at the federal level does not include interest payments

ECONOMY