The Argentinian economy is struggling with double-digit inflation and stagnant real economic growth. The currency remains prone to devaluation (increasing the cost of essential imports) and the country has seen other nation's surge ahead as they have remained in the doldrums - otherwise known as the middle-income trap. But now there are signs that Argentina is making important strides to reintegrate itself into global capital markets including the issue of new government debt.
Students of growth and development would do well to follow events in countries such as Argentina and Cuba - this FT video is a good starting point.
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