Business outlook: Corporate Argentina waits out the era of disappointment
Stability. Over three days at the IDEA Colloquium, no word appeared more often on the main stage of the Sheraton hotel in Mar del Plata. An analysis of every presentation on the main stage confirmed it.
Organized by the Institute for Business Development of Argentina (IDEA), the colloquium gathers senior executives from the country’s largest companies, politicians and economists every year. What government officials say there is closely read as a barometer of the government’s relationship with the private sector.
For Argentine executives, stability is less a buzzword than a wish. In the four decades since the return of democracy, Argentina has rarely known stable prices: since the end of Convertibility in 2002 alone,........
