Wine regions of the world, 3 Argentina.
It is hard to believe now that in the 1920s Argentina was
the 8th richest nation in the world. But during the economic
depression that gripped the world the country slipped in to a steep decline,
florin investment dried up, exports dropped and the rich landowners moved
capital out of the country. A growing unrest from the poor and working classes
lead to a populist rise of government of General Juan Domingo Peron. He was influenced by his wife Eva and for a
while turned the fortunes of the country around. In 1943 he came to power
promising rapid industrialization, better working conditions and organised
state controlled unions. Now most of
this was very popular with the poor but not so much with the rich and the
military, who had rather thought as a general he would have been one of
them. Therefore, he was deposed and a
new military government took control.
This was followed by a number of military government and
from the 1960s to the 1970s. The country
suffered from stifling bureaucracy and wide spared corruption with inevitable
social and political unrest. In the
1980s the country had grown isolated and had dropped to 15th place
in the league of developed nations.
Inflation was running at almost 1,000% a year. It is fare to say that things did not look
good.
All very interesting but what has this to do with wine well
in the late 1980s under President Menem political and economic stability was
restored. And with this came serious
consideration to exporting goods and getting foreign investment and money back
in to the country.
One of the exports was wine.
For to long the wine industry in Argentina , if you could call it a
industry had stood still. What was then
the USSR produced more wine
than Argentina
and its export and domestic market had shrunk.
Most of what it produced was consider to be a rustic and not very
refined wine so not much wanted.
But with the growing interest in new world wines some
producer decide to go up market and produce wine of quality. This was then exported and that brought in
the necessary investment that was so needed and encouraged. A lot of time and
effort was spent in sorting out the problems of wine production, having to relearn
things and develop vineyards that had been long neglected.
Also a move away from traditional reds that go so well with
good Argentinean beef and a lot of work developing white wine as well. Like
most new world wines Argentinean wine is existing and varied and not afraid to
blend and experiment. And now as the
country grown and is becoming one of the new economic supper country once more
the money that will be spent on wine production and exporting will increase
more and more.
Personally, I do not have a lot of experience with Argentina
wine as such only having had the odd bottle.
But as a case study it is interesting to see what can happen with a
industry that was almost a thing that time forgot to some thing that is now a
major exsport for the country.
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