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Macri's Argentina: Is This Time Different?

By Richard Lapper

It’s natural to be skeptical, but there are good reasons to bet on Argentina’s transformation, a veteran journalist writes in this special report.

Correction appended below

BUENOS AIRES – The bets being made on Argentina right now almost defy imagination.

Norwegian, the low-cost European airline, made one of the most striking ones a couple of months ago, announcing a plan to plow in no less than $4.3 billion – yes, that's the right number - into Argentina, creating over the next few years many new international links for Buenos Aires and a string of provincial capitals. Oil and gas companies seem to be falling over themselves in the rush to get involved in the...

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