Argentina
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In Argentina, President Fernandez tries to take control
Just eight months into his tenure as president of Argentina, Alberto Fernandez has been thrown a trio of challenges. In the coming months, he must deal with the public health crisis, revive a deeply damaged economy, and consolidate power in his own fractured coalition. A recent deal with the country’s creditors will ease some of the financial burden, but high inflation and falling exports will make it difficult to recover from a strict quarantine. Meanwhile, the president’s nominal running mate – a predecessor, and now Vice President Cristina Fernandez de Kirchner – leads an intraparty faction that may undermine the new leader’s agenda.
GIS Dossier: Argentina digs itself out of a hole
Nearly 20 years after its historic default, Argentina is still trying to climb back to economic equilibrium. Years of corruption and mismanagement frittered away profits from natural resource exports, while a “gradualist” approach to reform still ended in Latin America’s largest-ever bailout from the IMF. This GIS Dossier reviews our ...
Argentina: President Macri’s reelection will hinge on economic rebound
Argentina’s President Mauricio Macri is in a tight spot at the start of the election year. His government presides over cuts to public spending, including politically sensitive social protection programs, under the conditions of a lifeline deal with the IMF. Mr. Macri’s hopes for inducing growth by restoring Argentina to ...
Argentina: Macri yet to score on economic reform
The government of Argentina can chalk up its first modest successes in improving a badly distorted economy. But the peso’s recent bad run against the dollar has signaled there are limitations to President Macri’s play it by ear, gradualist approach to reforms.
Argentina’s president looks for easy midterm wins
Argentina’s President Mauricio Macri is coming to terms with reality after promising a “transformational” government when he took power in early 2016. No shower of foreign investment or gas revenue has materialized, leaving him with a scaled-back philosophy of “gradualism” and fiscal austerity. Given this dour choice, Mr. Macri has ...
