Argentina is slowly recovering from crisis

The Argentine economy has been improving, following improvement in the export sector as well as the industrial and consumption areas. But it is not all good news for Argentina - the country is still financially bust and the banking sector is in crisis. The package provided by the IMF has only really bought the country time until further government policy decisions are made to help the economy. Jules Mort, Latin American fund manager at Threadneedle, says: "There is no doubt a recovery is taking place. Initially this has been export driven, but more recently it has started to broaden out...