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Lessons from Argentina’s World Cup Victory

Argentina’s crisis-stricken economy stands in stark contrast to the country’s excellence on the football field. To break the never-ending cycle of macroeconomic crises, Argentinians must learn from their national team’s dedication, tenacity, and respect for the rules of the game.

BUENOS AIRES – Much has been written, and even more has been said, about Argentina’s impressive triumph in this year’s World Cup tournament. Most of the media coverage, of course, has revolved around the Argentinian team’s tactics and performance, the wild celebrations that followed the country’s first world title win since 1986, and the potential political impact, given that the team’s victory took place in an election year. But a more interesting question is what this sporting achievement can tell us about Argentina’s economic instability over the past half-century.

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