Nicholas Brady: Ties that bind

Nicholas Brady: Ties that bind

Bonds Corporate & Sovereign Strategy Economy & Policy

By Taimur AhmadWhen attempting to describe the ideal relationship between his country and the US, Argentina’s Guido di Tella, then ambassador in Washington, once said that what he really sought was “carnal relations” between the two nations. Times have changed since 1989. Today, it is hard to imagine such a quip being made by any Latin nation – let alone Argentina. Perhaps even less conceivable is the merest hint of intimacy with Washington from capitals in region. Indeed, the relationship – both political and economic – between the US and much of the region to its south is unrecognizable from a quarter of a century ago. While Wall Street has become ever more engaged with Latin America

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