E4 · cycle-003.e4-arg

Argentina, scripted, 30 years from 1996

30 simulations of 30 rounds from the 1996 position. Argentina decides by the scripted method; scripted events: Global funding seizure in year 2, Legitimacy rupture in year 5, Debt service reset in year 9, Global funding seizure in year 12, Global funding seizure in year 22, Severe pandemic in year 24, Debt service reset in year 24, Breadbasket failure in year 26.

Model 0.2.0 · graph 0.2.0 · parameters 0.1.1 · seeds 1–30 · elasticity sampled within each bracket

The same configuration in other cycles: cycle 2.

Every simulation · Compare with another experiment · More experiments like this

Not a forecast
Simulations of a structural model with seed parameter values, to compare methods and test the model. Other nations stay at their 2026 ratings throughout.

Outcome across simulations

The median at 2026, with the 10th to the 90th percentile of the 30 simulations under it.

Capability index
9.72 (−1.04)
From 10.76; 9.70 to 9.73
Rank by index
49
From 39; 49 to 49
Domains at Tier 1
1
From 0; 1 to 1
Tier rank
19
From 33; 19 to 19

Capability index by round

Rank by index, by round

Every objective at the position and at the horizon
Objective199610th percentileMedian90th percentileBetter
Capability indexprimary10.769.709.729.73higher
Rank by index39494949lower
Tier rank33191919lower
Domains at Tier 10111higher
Score sum778.4709.6710.5711.3higher
Goal-weighted score778.4709.6710.5711.3higher
Resilient score778.4710.5 (mean score sum over the simulations)higher

The capability index is the mean of the three dimensions, each the mean of its domains, each the mean of its groups. Tiers are Pareto layers within each domain; the tier rank orders nations by domains held at Tier 1, then Tier 2, and so on. The goal-weighted score is the score sum unless the experiment sets a goal. The primary objective is the one the experiment is judged on; every other objective is reported beside it.

Credits

What each round’s credits went on in the median simulation. Across all simulations, build took 84 per cent, buy took 0 per cent, partner took 16 per cent of the 1,728 credits a simulation spent on actions.

Against history

Started from a reconstructed 1996 position and played along the pathway and shocks Argentina actually had, then scored against the 2026 ratings. The position is an estimate, so part of any error is the reconstruction's. The calibration summary across all fifty nations is on the cycle's page under Loop.

Index 1996
10.76
reconstructed
Observed 2026
9.25
the Index's rating
Simulated 2026
9.72
9.65 to 9.78
Skill against persistence
−0.04
group error 1.70 against 1.63 if nothing changed
Domain1996ObservedSimulatedBiasDirection
Critical Technology8.846.228.16 8.1–8.3+1.94right
Strategic Infrastructure12.1611.8011.91 11.8–12.0+0.12right
National Security7.946.626.83 6.8–6.9+0.21right
Human Capital12.7811.4013.20 13.1–13.3+1.80wrong
Information & Influence11.709.339.34 9.3–9.4+0.02right
Governance & Integrity10.6710.8710.20 10.2–10.2−0.67wrong
Financial Strength10.847.449.59 9.6–9.7+2.16right
Production & Innovation10.7810.089.50 9.4–9.6−0.59right
Trade & Investment11.149.498.74 8.7–8.8−0.75right

The history it was played under: shocks and events

  • 1998 · S02 × 1 The 1998-2002 depression and December 2001 sovereign default followed a sudden stop in external financing and ended Convertibility.
  • 2001 · S05 × 1 December 2001 riots and the fall of two presidents in days produced a constitutional transfer crisis and temporary breakdown of effective government.
  • 2005 · S11 × 0.7 The 2005 sovereign debt exchange restructured most defaulted bonds, releasing fiscal and external capacity.
  • 2008 · S02 × 0.4 The global financial crisis hit Argentina mainly through commodity price and growth slowdown because it remained cut off from global credit.
  • 2018 · S02 × 0.9 A new sudden stop, peso collapse and IMF Stand-By Arrangement marked balance-of-payments crisis and renewed sovereign stress.
  • 2020 · S10 × 1 COVID-19 and one of the longest lockdowns caused a severe recession and massive health-system stress.
  • 2020 · S11 × 0.6 The 2020 restructuring of private external debt with large creditor participation provided partial debt service relief.
  • 2022 · S06 × 0.6 A historic drought cut soy, wheat and maize harvests, causing large agricultural export losses and food system strain.

The pathway: what it prioritised, period by period

  • 1997–1999 · partner · 2% each Convertibility, utility privatisations and Mercosur-centred trade opening anchored the Menem administration's market model. (Communications & Digital Infrastructure, Energy Infrastructure, Financial Infrastructure, Trade Policy & Market Access, Monetary & Currency Capability)
  • 2000–2002 · build · 5% each Austerity, IMF conditionality and emergency social protection were overwhelmed by depression, sovereign default and bank freezes. (Fiscal Capacity & Public Finance, Financial Stability & Crisis Management, National Resilience & Crisis Management, Political Institutions & Civic Participation, Social Infrastructure)
  • 2003–2007 · build · 2% each Debt restructuring, commodity windfalls and deliberate public investment in infrastructure, education and science institutions drove the recovery. (Fiscal Capacity & Public Finance, Sovereign Capital & External Financial Power, Energy Infrastructure, Advanced Education, Research Talent & Knowledge Creation)
  • 2008–2015 · build · 5% each Nationalisations, the ARSAT and CONAE satellite programmes, and industrial protection were flagship priorities amid rising fiscal strain and inflation. (Energy Infrastructure, Space Technologies, Advanced Education, Research Talent & Knowledge Creation, Industrial & Sectoral Base)
  • 2015–2019 · partner · 2% each The Macri government reopened international credit and trade, pursued public-private infrastructure and attempted to normalise institutions and statistics. (Trade Policy & Market Access, Transport Infrastructure, Energy Infrastructure, Financial System Depth & Access, Transparency, Oversight & Accountability)
  • 2020–2023 · build · 2% each Pandemic health measures, IMF renegotiation and expanded social protection dominated the Fernández administration. (Health System Capability, Fiscal Capacity & Public Finance, National Resilience & Crisis Management, Social Infrastructure, Sovereign Capital & External Financial Power)
  • 2024–2026 · build · 5% each Milei's shock stabilisation, fiscal surplus, deregulation and attempted currency competition became the flagship national programme. (Fiscal Capacity & Public Finance, Monetary & Currency Capability, Regulatory Governance & Strategic Controls, Government Effectiveness & Public Administration, Business Dynamism & Entrepreneurship)

Reconstruction notes (deepseek-v4-pro): The relative scoring of Argentina's agricultural biotechnology, food infrastructure and human capital is approximate because the country was internationally strong in these areas but far from the 1996 frontier. Military, digital and cyber capabilities in the 1990s are poorly documented, so those scores carry particular uncertainty. Event magnitudes are judgement-based because Argentina's repeated sovereign, currency and political crises were tightly intertwined with global shocks and each other.

Report

Written from the simulation record by the loop's narrator. Every figure names the query it came from, in square brackets.

Batch cycle-003. Model 0.2.0, graph 0.2.0, parameters 0.1.1. 30 simulations, seeds 1 to 30; probes on 10. Every figure is a distribution over simulations of a structural model with seed parameter values; it shows what the model implies under these settings, not what will happen. Other nations are frozen at their 2026 ratings. No reconstructed historical data is used in this experiment.

Headline

Argentina played 30 rounds from 1996 under the scripted method, with scripted events, 30 times. Its capability index moved from 10.76 to a median of 9.72 (−1.04), with 90 per cent of simulations between 9.70 and 9.73 [experiment_objectives].

Starting position

In 1996 the nation ranks 39 on the index against the frozen field, holds 0 of nine domains at Tier 1 and has a tier rank of 33. Its base income is 353 credits a year, calibrated so that its 2026 position is affordable with headroom for investment.

What was decided

A simulation spent a median of 1,728 credits on moves. The five groups that took most were Advanced Education (build, 169 credits, 9.8 per cent); Research Talent & Knowledge Creation (build, 169 credits, 9.8 per cent); Energy Infrastructure (build, 169 credits, 9.8 per cent); Fiscal Capacity & Public Finance (build, 155 credits, 9.0 per cent); Space Technologies (build, 136 credits, 7.9 per cent) [experiment_decisions_by_group]. By mode: build 84 per cent, partner 16 per cent [experiment_decisions_by_group]. Concentration of spending (HHI) had a median of 0.069, and the most repeated action appeared in 50 per cent of rounds.

The leading domain by period: rounds 1 to 5, Strategic Infrastructure; rounds 6 to 10, Financial Strength; rounds 11 to 15, Human Capital; rounds 16 to 20, Human Capital; rounds 21 to 25, Strategic Infrastructure; rounds 26 to 30, Financial Strength [experiment_spend_by_period].

What the world did

A median simulation saw 6 shocks and 2 upside events. The most damaging per firing were S05 (30 firings in 30 simulations, −36.4 points each); S10 (30 firings in 30 simulations, −33.8 points each); S06 (30 firings in 30 simulations, −20.4 points each) [experiment_shocks]. Upside events fired 60 times across all simulations [experiment_shocks].

The groups that lost most to shocks, per simulation: Fiscal Capacity & Public Finance −5.14; Monetary & Currency Capability −5.06; Investment Attraction & Projection −4.35; Financial System Depth & Access −4.10 [experiment_shock_damage_by_group].

The edges that carried most change through the graph, per simulation: Fiscal Capacity & Public Finance to Social Infrastructure (−0.19 points); Research Talent & Knowledge Creation to Biotechnology & Health Technologies (+0.86 points); Advanced Education to Research Talent & Knowledge Creation (+0.84 points) [experiment_propagation_by_edge].

Where it ended

At 2026 the median rank is 49 (5th to 95th percentile 49 to 49), the median count of Tier 1 domains 1 (1 to 1) and the median tier rank 19; the resilient score, the mean score sum over simulations, is 710 [experiment_objectives].

Tier 1 probability changed most in: human capital (0 to 100 per cent of simulations) [experiment_tiers_by_round].

Why

Without shocks the index ends +2.301 higher on average, so the shocks cost about 2.301 index points [experiment_probe_attribution].

Holding instead of following this method changes the index by −1.405: that is the method's worth against doing nothing [experiment_probe_attribution].

Removing any single one of the five largest actions changes the index by between −0.013 and −0.001, for example 2009 build Energy Infrastructure (18 credits) [experiment_probe_attribution]. The largest actions by credits come late, when income is highest, and are rarely the most valuable.

Removing the largest shock of a simulation raises the index by +0.652 on average [experiment_probe_attribution].

The replay probe reproduces the simulations exactly (index change 0.000000), so the attributions are clean [experiment_probe_attribution].

Surprises

tier_jump (warn): largest gain in one domain within five years: 7 tiers (30 simulations above 2); tiers are reported, not an objective.

retired_words (warn): e4-arg/report.md: 'simulations' 1 time(s), first near line 39; use 'simulations'.

The simulation furthest from the median (seed 9) ends +0.02 from it, with 6 shocks and 2 upside events [experiment_outlier_simulations].

Comparison

This is the baseline (hold) experiment, or there is none for this nation in the batch.

Against history: from a reconstructed index of 10.76 the model ends at 9.72, where the 2026 ratings put it at 9.25. Group scores miss by 1.69 points on average, against 1.63 for assuming nothing changed (skill −0.04); the change in each domain has the right sign in 78 per cent of domains. Furthest below history: trade and investment (−0.75); furthest above: financial strength (+2.16) [experiment_against_history]. The starting position is reconstructed, so part of the error is the reconstruction's.

What each decision and shock was worth

Counterfactual probes on the first 10 seeds: the same simulations with one thing changed, paired seed by seed. A removed decision or shock is taken out and the other decisions replayed unchanged, so the difference is that item's worth.

ProbeIndexScore sumTier 1For example
Hold instead of the method−1.405−100.1−1.00
No shocks+2.301+158.8+1.80
Replay of the recorded actions (must change nothing)0.0000.00.00
Without the 1st largest decision−0.007−0.60.002009 build Energy Infrastructure (18 credits)
Without the 2nd largest decision−0.008−0.70.002009 build Space Technologies (18 credits)
Without the 3rd largest decision−0.001−0.10.002009 build Advanced Education (18 credits)
Without the 4th largest decision−0.009−0.80.002009 build Research Talent & Knowledge Creation (18 credits)
Without the 5th largest decision−0.013−0.80.002009 build Industrial & Sectoral Base (18 credits)
Without the 1st largest shock+0.652+45.70.002001 S05 (-36.4 points)
Without the 2nd largest shock+0.545+38.10.002020 S10 (-33.9 points)
Without the 3rd largest shock+0.521+35.10.001998 S02 (-25.2 points)

Simulations

Three simulations told round by round, each on its own page: the one nearest the median index at the horizon, and those nearest the 10th and the 90th percentile. Every one of the 30 is listed with its outcome on the simulations page.

All 30 simulations

Events

How often each shock and upside event began across the simulations. Shocks come from the ten downside scenarios and upside events from the ten upside ones, at their yearly likelihood.

Event
Kind
Simulations
Mean round
Points
Global funding seizure S02Shock100 per cent12.0−18.8
Legitimacy rupture S05Shock100 per cent5.0−36.4
Breadbasket failure S06Shock100 per cent26.0−20.4
Severe pandemic S10Shock100 per cent24.0−33.8
Debt service reset S11Upside100 per cent16.5+5.3

Groups across simulations

Every capability group: its position, and its median and spread at the horizon across the simulations, with what the method spent on it.

73 of 73 groups

Capability group
Domain
1996
2026
Change
Levels invested
Credits
Research Talent & Knowledge CreationHuman Capital13.2119.76 19.52 to 19.93+6.556.58169
Energy InfrastructureStrategic Infrastructure11.4117.30 17.27 to 17.32+5.897.26223
Advanced EducationHuman Capital14.3119.58 19.57 to 19.60+5.276.51169
Industrial & Sectoral BaseProduction & Innovation11.9016.58 16.43 to 16.70+4.686.30136
Space TechnologiesCritical Technology9.3512.63 12.58 to 12.68+3.284.65136
Trade Policy & Market AccessTrade & Investment13.3315.44 15.37 to 15.51+2.115.2155
National Resilience & Crisis ManagementGovernance & Integrity11.0012.76 12.72 to 12.81+1.763.4275
Sovereign Capital & External Financial PowerFinancial Strength8.429.40 9.37 to 9.44+0.983.3659
Political Institutions & Civic ParticipationGovernance & Integrity11.8412.54 12.51 to 12.55+0.702.2849
Fiscal Capacity & Public FinanceFinancial Strength10.3210.84 10.77 to 10.95+0.525.79155
Social InfrastructureStrategic Infrastructure12.6813.14 13.11 to 13.20+0.462.5575
Transport InfrastructureStrategic Infrastructure12.1912.23 12.18 to 12.27+0.041.4833
Transparency, Oversight & AccountabilityGovernance & Integrity10.4510.48 10.47 to 10.50+0.031.4633
Nuclear DeterrenceNational Security0.000.00 0.00 to 0.000.000.000
Regulatory Governance & Strategic ControlsGovernance & Integrity9.869.65 9.63 to 9.65−0.211.0247
Communications & Digital InfrastructureStrategic Infrastructure13.5113.15 13.08 to 13.21−0.361.0921
Quantum TechnologiesCritical Technology6.135.61 5.41 to 5.76−0.520.000
Business Dynamism & EntrepreneurshipProduction & Innovation10.439.89 9.86 to 9.93−0.541.8447
Space OperationsNational Security5.785.23 5.16 to 5.30−0.550.000
Health System CapabilityHuman Capital12.9512.35 12.32 to 12.39−0.601.0526
Semiconductors & Advanced ComputingCritical Technology4.183.51 3.47 to 3.54−0.670.000
Digital & AI CompetenceHuman Capital11.1710.37 10.29 to 10.43−0.800.000
Strategic Strike & Missile DefenceNational Security7.496.67 6.60 to 6.72−0.820.000
Technical & Vocational SkillsHuman Capital11.3910.49 10.43 to 10.54−0.900.000
Advanced ManufacturingStrategic Infrastructure10.969.98 9.82 to 10.16−0.980.000
Advanced Materials & ManufacturingCritical Technology8.637.57 7.43 to 7.66−1.060.000
Financial InfrastructureStrategic Infrastructure12.6311.56 11.40 to 11.67−1.071.2921
Energy TechnologiesCritical Technology10.058.96 8.81 to 9.07−1.090.000
Sensing, Timing & NavigationCritical Technology8.467.36 7.30 to 7.43−1.100.000
Public Integrity & Anti-CorruptionGovernance & Integrity9.738.62 8.59 to 8.64−1.110.000
Joint Command, Projection & SustainmentNational Security8.717.58 7.56 to 7.60−1.130.000
Space, Aerospace & Defence InfrastructureStrategic Infrastructure9.378.21 8.16 to 8.26−1.160.000
Lifelong Learning & ReskillingHuman Capital10.779.61 9.58 to 9.65−1.160.000
Maritime PowerNational Security8.577.38 7.35 to 7.39−1.190.000
Cyber & Electromagnetic OperationsNational Security8.727.52 7.49 to 7.55−1.200.000
Foundational EducationHuman Capital13.8312.58 12.56 to 12.61−1.250.000
Air PowerNational Security9.097.79 7.77 to 7.82−1.300.000
Artificial IntelligenceCritical Technology9.257.93 7.83 to 8.02−1.320.000
Intelligence & AssessmentNational Security10.128.78 8.74 to 8.83−1.340.000
Biotechnology & Health TechnologiesCritical Technology13.7012.35 12.13 to 12.63−1.350.000
Government Effectiveness & Public AdministrationGovernance & Integrity11.9810.58 10.53 to 10.62−1.401.0347
Financial Stability & Crisis ManagementFinancial Strength11.139.72 9.61 to 9.83−1.412.4049
Connectivity, Cyber & Trust TechnologiesCritical Technology10.198.74 8.66 to 8.82−1.450.000
Early Childhood DevelopmentHuman Capital13.6512.18 12.12 to 12.23−1.470.000
Justice System & Fundamental RightsGovernance & Integrity9.858.36 8.34 to 8.38−1.490.000
Land PowerNational Security10.408.88 8.78 to 8.92−1.520.000
Robotics & Autonomous SystemsCritical Technology8.466.93 6.90 to 6.96−1.530.000
Innovation & CommercialisationProduction & Innovation10.799.17 8.92 to 9.28−1.620.000
Culture, Language & Education DiplomacyInformation & Influence12.9411.29 11.08 to 11.42−1.650.000
Financial System Depth & AccessFinancial Strength10.989.33 9.31 to 9.34−1.652.1033
Resource InfrastructureStrategic Infrastructure12.2910.58 10.48 to 10.75−1.710.000
Water, Sanitation & Waste InfrastructureStrategic Infrastructure11.169.36 9.33 to 9.39−1.800.000
Agriculture & Food InfrastructureStrategic Infrastructure15.4313.61 13.54 to 13.69−1.820.000
Population HealthHuman Capital13.7311.89 11.84 to 11.92−1.840.000
Development Cooperation & Global AssistanceInformation & Influence8.616.67 6.59 to 6.74−1.940.000
Internal Security & OrderGovernance & Integrity10.618.64 8.59 to 8.68−1.970.000
Structural Transformation & ComplexityProduction & Innovation9.947.94 7.89 to 8.00−2.000.000
Force Generation & MobilisationNational Security10.508.47 8.41 to 8.50−2.030.000
Diaspora & Global CommunitiesInformation & Influence12.2910.26 10.24 to 10.31−2.030.000
Monetary & Currency CapabilityFinancial Strength13.2010.97 10.95 to 10.99−2.232.6668
Alliances & Security CooperationInformation & Influence11.959.57 9.52 to 9.64−2.380.000
Technology Adoption & DiffusionProduction & Innovation11.238.82 8.79 to 8.86−2.410.000
Export Capability & SophisticationTrade & Investment9.937.46 7.37 to 7.55−2.470.000
Economic Leverage & DependenceTrade & Investment9.897.23 7.16 to 7.28−2.660.000
Digital & Services TradeTrade & Investment10.647.95 7.94 to 7.97−2.690.000
Diplomatic Statecraft & Global NetworksInformation & Influence12.489.77 9.69 to 9.85−2.710.000
Global Value Chain PositionTrade & Investment10.727.91 7.86 to 7.98−2.810.000
Information Environment & Strategic CommunicationInformation & Influence11.928.50 8.48 to 8.51−3.420.000
Economic Output & ProductivityProduction & Innovation11.257.80 7.74 to 7.85−3.450.000
Labour & EmploymentProduction & Innovation9.926.28 6.24 to 6.33−3.640.000
Financial Regulation & IntegrityFinancial Strength10.977.30 7.28 to 7.33−3.670.000
Trade Facilitation & LogisticsTrade & Investment11.537.77 7.75 to 7.80−3.760.000
Investment Attraction & ProjectionTrade & Investment11.927.38 7.35 to 7.44−4.540.000

Checks

The automated checks run on this experiment before anything was written about it. A warning is a candidate finding for the improvement loop.

  • passcredits_conservedlargest gap between credits in and credits accounted for: 2.3e-13
  • passscores_in_boundsscores range 0.000 to 20.000
  • passno_nans0 missing values in the trajectory and objectives
  • passprobe_replay_reproducesthe recorded moves played back reproduce the simulation to within 0.0e+00 points (10 simulations)
  • passledger_balancesthe edge ledger sums to the propagated change to within 1.3e-06 points
  • passmove_without_shocklargest one-year move in a group with no shock landing: 0.94 points; 0% of simulations have one above 3
  • warntier_jumplargest gain in one domain within five years: 7 tiers (30 simulations above 2); tiers are reported, not an objective
  • passall_tier1_from_outside_top10starting rank 39; 0 simulations reach Tier 1 in all nine domains
  • passsaturation_high0% of simulations end with a group at 20 that did not start there (median 0 groups)
  • passsaturation_low0% of simulations end with a group at 0 that did not start there (median 0 groups)
  • passspend_concentrationmedian concentration of spending across groups (HHI) 0.069; most funded group hard.strategic_infrastructure.energy_infrastructure
  • passsame_actionthe most repeated move (group and mode) appears in a median 50% of rounds
  • passregression_index_p50index_p50 moved 3.8% since cycle-002 (9.36 to 9.72); versions changed (0.1.0 to 0.1.1, graph 0.2.0 to 0.2.0)
  • passregression_score_sum_p50score_sum_p50 moved 3.7% since cycle-002 (685.40 to 710.47); versions changed (0.1.0 to 0.1.1, graph 0.2.0 to 0.2.0)

Settings and versions

Experiment cycle-003.e4-arg. Every simulation records the model, graph and parameter versions, the scenario, the method and its seed, so it can be reproduced exactly.

Nation
Argentina (ARG)
Position
A reconstructed 1996 position, aligned to the Index's scale
Method
Scripted. Actions fixed in advance by the experiment: for a backcast, the nation's historical pathway.
Scenario
Scripted events: Global funding seizure in year 2, Legitimacy rupture in year 5, Debt service reset in year 9, Global funding seizure in year 12, Global funding seizure in year 22, Severe pandemic in year 24, Debt service reset in year 24, Breadbasket failure in year 26
Objective
Capability index, the primary objective the experiment is judged on; every other objective is reported beside it
Horizon
30 rounds, 1996 to 2026
Simulations
30 seeds, 1 to 30. Every method in the batch faces the same draws for the same seed.
Graph elasticities
Drawn for each simulation, uniformly within each edge’s bracket
Income
Base credits 353.5 a round, moving with the economic groups
Versions
Model 0.2.0, Capability Dependency Graph 0.2.0, parameters 0.1.1
Batch
Backcast 1996-2026 (cycle-003), cycle 3 of the improvement loop
Runtime
6.8 seconds in all; 1635 microseconds a round
Not a forecast
Every figure is a distribution over the simulations of a structural model, reported to compare methods and test the model. None is a prediction of what a nation will do or become.
Structural parameters
Costs, decay, vulnerability and credits are structural seed values with low or medium confidence, set by domain with single-group exceptions. Five groups have no defensible value in a single-nation model and are flagged in the parameter tables.
Other nations are frozen
One nation is simulated at a time. Every other nation stays at its 2026 rating, so rank and tiers are measured against a still field; where the simulated nation rises past others their own tiers are not re-sorted.
Starting depth and mode are defaults
The position is the National Capability Index ratings. How institutionalised each capability is, and how much was built, bought or partnered, have no data behind them yet and start from structural defaults.
Credits are calibrated, not measured
Each nation’s income is set so that its position is affordable with headroom that rises with its fiscal capacity. It is not yet fiscal capacity as a share of GDP.