Threats to Sustainability Cloud Argentina’s Booming Recovery

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When Argentina’s economic and political system imploded in 2001, few imagined that only 10 years later the Southern Cone nation would be one of the fastest-growing economies in the world. After a nimble recovery fueled by a depreciated currency and a spike in world commodity prices, today Argentina is flush with cash. Its economy is booming, and barring a global meltdown, demand from China and other emerging markets for its commodities is unlikely to fade. So it is not surprising that President Cristina Fernández de Kirchner won more than 50 percent of the vote in the country’s open primaries in […]

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