Lot’s of yackety-yack in the article. Almost nothing about about utterly corrupt, socialistic governments and fatally destructive monetary policy. I bet if you overlaid a chart of relative inflation of the peso over the GDP growth chart, there’d be a perfect correlation. Really, no other explanations besides the two I mention are necessary. The rest is all just academic BS.
That's exactly my point. The best example of failed socialism in the last 50 years and author avoids the primary reason for the nations collapse like the plague and the nation is now on the path for a repeat of past mistakes!