Introduction
In this article titled “Five Expected Outcomes from Global Business Cultural Analysis on Argentina’’, the author presents a series of expected outcomes from an analytical process of global business culture in Argentina that he conducted when he was back in school. The author states that this was particularly a very demanding project but that by the end of the paper, he was able a lot about Argentina and globalization.
The first thing that article explores is how countries such as Argentina that are already in possession of vast natural resources can leverage some of those resources to encourage business growth and investment. The author states that Argentina is no short of natural resources but adds that the country did not actually open up some of these resources( for example oil) to international investors until 1989. He adds that there some considerable frustration in Argentina about the leveraging of natural resources like all and concludes this point by saying that Argentina must learn how to properly leverage their naturally resources for the country to fully benefit from these resources.
The second thing that the author talks about is the role that naturalization plays in the inhibition of national growth. He cites an example of a recent acquisition of a foreign oil company’ property and states that actions like are definite inhibitors of national growth.
The article also examines the steps that countries that have been previously engaged in internal struggles or civil war can take to break from these constraints to become regional economic leaders. His general assertion in regards to this aspect is that countries such as Argentina should not focus on persecuting former offenders but should rather move away from these issues and focus on national healing, moving forward and economic development.
Another issue explored in the article is the maintenance of future growth and the role of the government in cross border commerce and globalization. The author once again refers to the nationalization of the oil resources in Argentina and its negative impact on foreign financial investment. There is also a reference to America which in contrast to Argentina (which keeps the market interests rates on a negative platform so as to cater for the social welfare of the country) allows free foreign investment and also allows free market situations to guide public choices \.
Finally, the article looks at the investment components that are most promising to Argentina’s future growth. The author states that the wealth of Argentina lies in its vast natural resources and adds that large investments in technology and infrastructure will allow the country to tap these natural resources in a more efficient and effective manner and this will ultimately contribute to the country’s future growth in significant terms.
References
Norman, J. F., & Manciel, N. (1999). Argentina natural resources policy-the future. International Financial Law Review, 7-8.
Thomson, A. (2003). Argentina confronts the 'dirty war'. Financial Times, 1.
