Gaucho Holdings Logo

Source: BusinessWeek
02.25.2010

2-25-10a.jpg

Argentina

Profitability grade: 33
% companies expecting increased profits: 43%
% companies expecting increased revenue: 81%
% companies expecting to increase employment: 40%
Overall optimism rank: No. 19

Argentina is hoping higher global prices for exports including soybeans and wheat help drive growth back toward levels seen from 2003-2007, when South America's second-biggest economy bounced back from a default to expand more than 8% per year. After returning to growth late last year, Argentina faces quickening inflation that may fuel disputes between President Cristina Fernandez de Kirchner and the new opposition-controlled Congress. — William Faries

External Link: Click here for Argentina's ranking.