Argentina’s economic rebound is so strong that economists say the country could be investment grade within a few years, marking a major turnaround from its default and devaluation only four years ago.
Daniel Artana, chief economist of the Buenos Aires-based economic consultancy, Foundation for Latin American Economic Research (FLAER), says: “Rule of law remains a problem in Argentina. Yet, the truth is that investment decisions are often made on things other than rule of law – such as economic growth.
