Argentina’s challenging path to more open markets (Laura Alfaro, Guillermo Calvo, Alberto Carrasquilla, Pedro Carvalho de Mello, Roque Benjamin Fernandez, Pablo Guidotti, Guillermo Perry, Enrique Mendoza, Liliana Rojas-Suarez and Ernesto Talvi (Brookings)

In the past decade or so, Latin America has been characterized by two quite distinct groups of countries. On the one hand, countries such as Chile, Colombia, Costa Rica, Mexico, Peru, and Uruguay have expanded anchored on a market-friendly economic model, integrated to international capital markets. On the other hand, with varying degrees, countries such as Argentina, Brazil, Ecuador, and Venezuela have adopted economic models with significant degrees of government intervention and widespread controls on trade and capital flows. Within the latter group, Argentina and Venezuela represented the most extreme version of the neo-populist paradigm.

http://www.brookings.edu/research/opinions/2016/04/06-argentina-more-open-markets-talvi