Zoellick Says Argentina’s Nationalization Makes it an ‘Outlier’

World Bank President Robert Zoellick said Argentina is an “outlier” in Latin America and most of the region’s leaders see the country’s nationalization this week of YPF SA as a “mistake.”

Zoellick, in an interview with Bloomberg Television today, said Argentina’s expropriation of the assets owned by Spain’s Repsol-YPF SA reflect “populist” and protectionist pressures that are prevalent in several countries around the world.