Argentina’s Macri faces a rising bar as he woos investors back

Source: The Financial Times
By: Benedict Mander

Few countries have so dramatically spurned international investors only to woo them back again as assiduously as Argentina is doing. The next important milestone for President Mauricio Macri, whose election victory last year triggered intense interest from investors, will come if — as expected — the International Monetary Fund next month lifts an unprecedented censure it slapped on the previous populist administration in 2013 for fiddling statistics.

How did Argentina manage to win back investors so quickly?

In a word, credibility. Mr Macri, a former businessman, appreciates the importance of regaining market confidence. Indeed, reform of the state-run Indec statistics institute is one of the pillars of this trust-building strategy. When the Indec announced last month that poverty levels were at 32.2 per cent of the population, compared to the previous administration’s claims last year of 5 per cent, many observers who value the truth (perhaps perversely) saw this as good news.


  • 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)