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Argentina Can Stop Its March Toward Default

May 04, 2020

Until recent weeks, Argentina's President Alberto Fernández and Economy Minister Martín Guzmán had been reassuring foreign investors that they were keen to avoid a repeat of the widespread default, financial isolation and humiliating legal defeats (in New York federal courts) that Argentina had experienced between 2002 and 2015 Guzmán was a mere college student in the early 2000s, but Fernández was deep inside the Casa Rosada, serving as cabinet chief from 2003 until 2008, mostly under President Néstor Kirchner – but also during President Cristina Fernández de Kirchner’s first...

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