The Economist Cites Latin American Economic Growth
The August 18th issue of The Economist has an article on the economic progress being made in Latin America. It makes a special note of people rising from poverty in Mexico and Brazil. Argentina seems to be a mix of good and bad economic news. On the positive side, tourism continues to boom as people flock to take advantage of the peso conversion rate. Additionally, the country remains incredibly wealthy in natural resources. The flipside is corruption and poor economic policies abound and the citizenry steadfastly clings to a socialistic ideal. While better than years gone by, it continually startles me to observe the inflation on a month to month basis. This remains one of my chief concerns when looking at the future of the country. The Economist overview of Argentina can be found here.
