Don't cry for Argentina. (improved economic conditions)

National Review | May 25, 1992| | Copyright

BUENOS ARIES

WHILE MOST eyes were turned to upheavals in the old Soviet bloc, Argentina finally looked itself straight in the eye and admitted that after a fifty-year binge of statist populism its economy was even more dilapidated than preThatcher Great Britain's. Not even Peronist President Carlos Saul Menero could any longer pretend that Argentina bore any resemblance to the Evita era, the late Forties, when the country was second in the Americas only to the United States in total percapita GNP and ranked above Italy and Spain in the world. As early as 1948, Argentina's ...

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