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Is Argentina a developing or developed country?

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Argentina is a developing economy, and a emerging market as well. Its economy was quite strong in the first part of the 20th century, comparable to most actual developed countries, but started declining in the 1950s. Since then, this country suffered constant crises fixed by abrupt changes in the economic model, damaging the long-term sustainability. The country held the worst economic and social crisis in 2001. Since then, there has been a rebound in economic terms, with high growth rates (7-9% per year) and significant social improvements. Despite this, inflation and public indexes' manipulation are now a problem in which politicians should work on.
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