Government overspending in recent years has caused inflation in Argentina. These trends have slowed since the last Argentinean election, but even at its height, Argentina wasn’t as affected by high inflation as neighboring countries like Brazil and Costa Rica. This was due primarily to the fact that Argentina was starting from a lower-cost position. This has enabled Argentina to remain very competitive in areas such as salary.
Belatrix’s blended approach to operating its two locations in Mendoza, Argentina and Lima, Peru, means that each facility can step in and handle client needs if any geo-political obstacles arise to doing business. This provides clients concerned with the Argentinean economy an additional safeguard.
In this video, Alex Robbio, SVP of Business Development for Belatrix, and Steve Mezak, CEO of Accelerance, discuss Argentina’s place in the world economy.