Update: Reforms To Argentina's Arbitration System

It has been widely recognised that since the 2001 economic crisis, Argentina has generally struggled to reach its full potential economically. Under the successive Kirchner administrations, the country took an increasingly closed and nationalist approach towards foreign policy. Argentina is widely seen as one of the countries with the most untapped economic potential worldwide. Since his election in late 2015, President Mauricio Macri has been working to change this, with a steady stream of economic, political and legal reforms seeking to improve Argentina's business atmosphere and in turn stimulate long-term private investment and foreign interest within the market, with the aim of ultimately moving beyond the economic issues that have remained persistent challenges over recent years.