Argentina's public spending has grown from 26% of GDP in 2000 to almost 40%. But tax revenues haven't caught up because Argentina's tax base is really small. The amount of money in circulation has quadrupled to almost 4 trillion pesos. So you have rampant inflation.
For decades, leftist policies first espoused by Juan Perón have dominated the country’s politics. But as electioneering begins it is clear that rampant inflation is driving voters away from Peronism and toward the populist right. We examine why big American retailers see opportunity in providing primary health care (9:33). And our annual list of the world’s most liveable cities (15:38).
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