Economy

How would you characterise the growth potential of the automobile industry?

Decades of growth in trade and foreign investment have seen global economies become more interconnected than ever before. This trend has been reinforced by the steady liberalisation of international trade and investment, at the bilateral, plurilateral and multilateral levels. National economic specialisations, and regional economic and...

Argentina is, and historically has been, a country with limited market openings, which was exasperated with the establishment of protectionist measures between 2000 and 2015. Since taking office in late 2015, the administration of President Mauricio Macri has rolled back some of these in an attempt to remove export duties and foreign exchange...

Under President Mauricio Macri, Argentina’s foreign policy has undergone a fundamental turnaround. Following years of left-populist politics under Néstor Kirchner and Cristina Fernández de Kirchner, who allied with other regional populist governments and often clashed with global powers such as the US and the UK, President Macri has since...

In the 15 years preceding President Mauricio Macri’s election in 2015, Argentina progressively distanced itself from global supply chains through the implementation of protectionist measures aimed at aligning economic policies with the government’s political agenda.

The decision by the Argentine government in May 2018 to seek financial support from the IMF was a stark reminder of the early 2000s, from which the country had appeared to have been successfully recovering in recent years. The recourse to the IMF, which granted the country a loan of $50bn the following month, was sparked by a run on the Argentine peso that reduced the value of...