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Why is Argentina considered a poor country? It's easily one of the biggest countries in the world!

Argentina is far from a small country. It's easily top 10 biggest countries. Why is Argentina a third world country?
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Picklebobble2 · 56-60, M
Well
It borrowed money from the IMF to finance a restructuring of it's economy and never repaid the debt !
Since then, somehow it's often managed to find independent finance for various projects from foreign investors, but they never see a project through ! Or somebody in government starts skimming off the top, then there's a power struggle and the whole thing begins again !