From Krzysztof Tyszka-Drozdowski:
Every weekend, I try to go through interesting articles about Argentina. Here’s something from La Nación that surprised me: it discusses the relatively weak standing of Argentine companies internationally. (https://www.lanacion.com.ar/opinion/las-empresas-argentinas-ante-un-cambio-de-perfil-nid11012025/):
– only 3 of the top 50 largest Latin American companies are Argentine (22 are Brazilian, 14 Mexican, and 8 Chilean). Moreover, only 7 of the top 100 largest Latin American companies are Argentine.
– there are just about $50 billion invested by Argentine companies abroad; compared to $300 billion from Brazil, $215 billion from Mexico, $140 billion from Chile, and $75 billion from Colombia.
Argentina still has a long way to go!
>By the way, what would be your answer to the question: why is Argentina not Australia? I’m currently reading the book ‘Por qué Argentina no fue Australia’ by Gerchunoff and Fajgelbaum, which discusses this topic.
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