Argentine debt default Implications for Latin America
Argentina's 2001/2002 default on roughly $100 billion of debt has been a
dispute with creditors as well as left the country starved of foreign capital and fueled by inflation. Recently, Argentina has reached an agreement with the creditor nations (a debt deal) that has the potential to help ease re-entry into international markets. Respond to the following:
What are the implications to Latin America?
Could this foreign investment prompt a rival in the Latin American economy? Provide your rationale based on the readings and research and link the theory and concepts back to your response.
As a global investor/manager, what are your recommendations and what do you see as the impact to global organizations?
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