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South American Economic Issues – The Asian Economist

South American Economic Issues

Although much of what happens in a country depends on the management capacity of government, there is no denying that a good economic environment facilitates aid and many good results. Lula may not have achieved what he has achieved so far, if he had touched to be the president of Brazil in the late 80s. The clearest example of this is reflected in the current administration of Alan Garcia …

can not be that Alan Garcia has changed so much between the previous and the current management. In fact, did not change much, but what changed was the context in which they had to govern. Each day that passes increases the general belief that Argentina is missing an historic opportunity to leave the traditional cycles of growth and the crisis has been going through Argentina’s economy. Argentina is is becoming one of the few cases worldwide of a country that generates its own crisis when the economic context is broadly favorable. Not even the most optimistic of the rulers could have imagined a context so benevolent that he found the government of Nestor Kirchner in their management. No one could have thought that with such a good international context, as good starting conditions and the possibility of using for a few years the “thick line”, they can get to this situation.