Argentina is one of the Latin American countries I keep an eye on, because its economic policies are so spectacularly mismanaged. Once one of the world’s most affluent countries, for almost a century it has been the region’s poster child for corruption, government giveaways, and bureaucratic bungling leading to inflation.
For an update on Argentinian politics and economic prospects, see this Bloomberg article reposted at msn.com. It looks at the possibility the Argentine peso will be replaced by the US dollar, as has happened in Ecuador and El Salvador. Whether this happens depends on who is elected president tomorrow.
