The Projects and Construction Review 9th Edition: Chapter 4 Argentina.
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Since President Mauricio Macri took office, many of the measures introduced have reflected optimism, including the elimination of foreign exchange restrictions and negotiations with the arbiters of the outstanding public external debt, with whom, after 15 years of open fighting, Argentina has finally reached an agreement. These measures, and a tighter regulation of the economy, have generated an optimistic atmosphere in the Argentine market. The country was expected to receive a flood of new investment in the coming years, as a result of the confidence that the new government has instilled, and the return to a trusted market economy after the 2001 bottomless crisis and more than a decade of populism. However, the economic situation proved to be worse than imagined by the Macri administration and an agreement with the International Monetary Fund was reached in mid 2018…
Key word: Real Estate & Hospitality
Reproduced with permission from Law Business Research Ltd. This article was first published in July 2019. For further information please contact Nick.Barette@thelawreviews.co.uk
The Projects and Construction Review 9th Edition: Chapter 4 Argentina.
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