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Voters in #Argentina are understandably disillusioned by Cambiemos's economic reforms, which failed to deliver growth or a geyser of new investment. But given #Argentina's past, it was never going to be easy to regain investor confidence. 1/pic.twitter.com/KvHMXrxU9n
Indeed, last month, @IMFNews's Alejanrdro Werner observed that "la confianza en el mantenimiento de estos equilibrios no es algo que se gana en una noche, y los países que lo han logrado, muchos de ellos han venido de menos años de incertidumbre." https://www.imf.org/en/News/Articles/2019/04/13/tr041219-transcript-of-april-2019-western-hemisphere-department-press-briefing?cid=em-COM-123-38652 … 2/
In #Argentina's case, it's an even steeper climb, @ArgentinaProj Director @benjamingedan has observed in @thehill: In moments of financial stress, Argentina’s reputation deprives its leadership of an indispensable resource: the benefit of the doubt." https://thehill.com/opinion/finance/387249-argentina-is-haunted-by-the-ghosts-of-crises-past … 3/
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