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by vsef 1663 days ago
The quote originally is about Japan and Argentina being outliers in development trajectory, Japan extremely rapidly developing after WW2 to one of the world's richest countries vs Argentina's decline from being one of the world's richest countries after WW1. Argentina stands apart in having been initially on similar track as the "developed" rich countries and then significantly deteriorated.
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Do economists and/or historians agree on what the cause for the decline of argentina's economy was?