Investment destination: a new Argentina

Argentina was one of the world’s wealthiest countries a century ago when Buenos Aires’ reputation as ‘the Paris of South America’ was at its height.

But in the 21st century it is known for its 2001 debt default and ongoing economic turmoil, prompted in early 2014 by the government devaluing the peso followed by another (much smaller) default in July.

Despite these troubles, Argentina is gaining a growing reputation as an important emerging market and trade partner and boasts rich natural resources and a vast export-oriented agricultural sector.

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