Saturday, November 24, 2012

Roubini warns Argentina is heading for a highly vulnerable State Capitalism

Nouriel Roubini : “Argentina has moved away from market oriented policies with imports substitution protectionist measures; national control over natural resources; a more predominant role for state companies and banks and discouraging foreign investments and the influx of capital” “These policies have a negative impact for investors and consumers’ confidence, which on the long run has its influence on growth”. said Nouriel Roubini who was invited to the annual convention of the Argentine Chamber of Construction in Buenos Aires. - in mercopress
Related Posts Plugin for WordPress, Blogger...