Argentina is doing the opposite of most countries, and it's working

Source: Business Insider
By: Neil Brown

At a time when populist politics are driving many countries away from investment-friendly policies, Argentina is quickly moving in the opposite direction.

Latin America’s fourth-largest economy is starting to reopen for business. In trips we at KKR have made this year, we’ve seen small things — like not needing a fistful of U.S. dollars to manage a dual exchange rate, running into U.S. President Barack Obama’s entourage on the street in Buenos Aires and seeing the evident optimism in local businessmen — that indicate how much change is afoot.

It is still early days in President Mauricio Macri’s tenure. So far we have been impressed by his team’s clear focus on normalizing Argentina’s economy and reintegrating into the global system. Prior to the country’s general election last October and runoff in November, people were wondering whether meaningful reform would happen at all. That question has been answered: Macri has decisively turned away from the economic policies of former president Cristina Fernández de Kirchner. Now the questions are how deep the reforms will be and whether they will provoke a popular backlash.


  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • New York Times 36 Hours in Buenos Aires
  • Alternative Latin Investor
  • Artful Living (Mansion)
  • Avid Magazine (AWE)
  • BlackBook Mag (Mansion)
  • CNN (AWE)
  • Conde Nast Traveler (Mansion)
  • Delta Sky Magazine (Mansion)
  • Departures (AWE)
  • Elite Traveler (Mansion)
  • Finger Lakes International Wine Competition (Wine)
  • Fodor's Choice 2013 (Mansion)
  • Fodor's Choice 2013 (Wine Estates)
  • Fodors (AWE)
  • Forbes Life (Mansion)
  • Frommer's Best Vineyards & Hotels Around the World
  • Andrew Harper’s Grand Awards 2013
  • International Wine Challenge U.K.
  • 2013 International Wine & Spirit Competition (Wine)
  • Kiwi Collection (Mansion)
  • Kiwi (AWE)
  • National Geographic Traveller 2012
  • Order Wine Direct (Wine)
  • Robb Report Exceptional Places 2012
  • Tablet Hotels (Mansion)
  • Telegraph (AWE)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • Travel+Leisure
  • Trip Advisor Top 25 Hotels for Romance Argentina
  • Unique Homes (AWE)
  • USA Today (Mansion)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • Vinandino 2013 (Wine)
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Wine Enthusiast (AWE)