Argentina’s Good News: Technological Entrepreneurship

By Jerry Haar, professor of international business at Florida International University Pundits are claiming the bloom is off the rose with the Macri administration. That could well be. The emerging market sell-off in recent months, the country’s need to secure a $50 billion standby IMF deal, interest rate spikes and fiscal policy tightening all weigh heavily on a downward revision to GDP growth for the remainder of the year. Nevertheless, hitting a rough patch—the state Argentina is in at present—is not the same as a crisis. Moreover, when one considers what Macri inherited—a fiscal and institutional mess, courtesy of the Kirchner-Fernández […]