National Congress of Argentina sessions span is from March 1 to November 30; the President of Argentina is entitled to convene extraordinary sessions during the recess, if needed. Senators and deputies enjoy parliamentary immunity during their mandates, which may be revoked by their peers if a senator or deputy is caught "in flagrante", in the midst of committing a crime. The Congress is in charge of setting taxes and customs, which must be uniform across the country. It rules the Central Bank of Argentina, manages internal and external debt payment, and the value of national currency (currently the Argentine peso). It rules the legal
Economic history of Argentina Economic history of Argentina The economic history of Argentina is one of the most studied, owing to the ""Argentine paradox"", its unique condition as a country that had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of literature and diverse analysis on the causes of this decline. Since independence from Spain in 1816, the country has defaulted on its debt eight times and inflation has often been in the double digits, even as high as 5000%, resulting in several large currency devaluations. Argentina possesses definite comparative advantages in agriculture, as the