[philwelch]

"Sure, GDP diminished but that was part of the cost to make Argentina an industrialized nation."

That sentence doesn't even make sense. The whole point of industrialization is to boost economic output. That's what it does almost by definition.

[alecco]

The nationalization had a major impact on outputs and in particular on agriculture exports. Go to Gapminder.org and check GDP during Peron's first presidency 1942-1955.

http://en.wikipedia.org/wiki/Peron (not great but a good start.)