MORE THAN ALMOST any other nation, Argentina understands what it is like to undergo a financial and economic crisis. The country has experienced several over the past 30 years, culminating in its ruinous debt default in 2001-02.
In the six years since, Argentina has bounced back, with its economy growing at an impressive 9% a year between 2003 and 2007. That growth was initially spurred by a surge in trade surpluses and then sustained by big investment in both the public and private sectors.
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