Latin America's leading economy during the first half of the past century, Argentina has since experienced severe economic volatility brought on by a series of radical political changes. During the first half of the 1990s, the country appeared to be on the brink of establishing sustained economic growth and political stability, only to see this effort compromised by corruption scandals which introduced a severe recessive period beginning near the end of the decade. Unquestionably the region's most educated population, with a significant middle class and historically high disposable income, the impressive investments in infrastructure over the past ten years have positioned the country to quickly return to economic health once the political transition which the Kirschner administration is introducing takes hold. These resources, coupled with the compelling demographics which the Mercosur market alliance with Brazil provide, should position Argentina as an attractive market for both strategic as well as financial foreign investment going forward.
Fredericks Michael and its principals have been very much involved with Argentina, over the past two decades, advising international groups relative to their Argentine strategies as well as domestic companies interested in recapitalizing or divesting their operations.
