Parallels between New Zealand’s Turbulent Past and Argentina’s Recent History

Parallels between New Zealand’s Turbulent Past and Argentina’s more recent History This interesting article was written by one of New Zealand most well known Investment Advisor’s four years ago. It explains very well how far New Zealand has come from these dark days of socialist nonsense and open corruption to the competitive economy we have in New Zealand today. It was not an easy ride as you can see. Argentina went through the same restructuring process with the same issues. TAKING…
Can Argentinas decrease in growth rate actually help the economy?
The World Economic Outlooks report forecast figures for Latin American growth rate were brought down by the IMF on Tuesday to 2.7%. The Chief Economist for the World Bank’s Latin America and Caribbean Office, Augusto de la Torre said that Argentina is above Latin America and Caribbean countries average in terms of growth this year with a combined estimate of 2.5% for the region. Cristina Kirchners administration optimistically forecast 6.2% for this year. However according to the 2014 Budget both institutions…