No end in sight for Argentina’s economic stagnation

President Cristina Kirchner celebrates the 31st anniversary of the return of democracy to Argentina (photo: dpa)

General info

Location

Argentina

Date

26 January 2015

Contains

Report Scenarios

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Cristina Kirchner Daniel Scioli Mauricio Macri

Author

Dr. Joseph S. Tulchin

Dr. Joseph S. Tulchin is a student of Latin American affairs with published research on hemispheric relations, citizen security, and the governance of cities.His areas of expertise are U.S. foreign policy, inter-American relations, contemporary Latin America, strategic planning, and social ...

As Argentina’s President, Cristina Kirchner, comes to the end of her term, she has shown no signs of leadership in attempting to deal with the economic mess her country is in. She does not appear to be interested in supporting any of the serious potential candidates in her own party who would like to succeed her and has called on her followers to find a progressive candidate who can run on her record. Whoever wins in the polls will inherit a country mired in stagnation.

AS THE summer holidays begin in Argentina, its economy drifts further into recession. Meanwhile the jockeying for position in the presidential election camp...

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The price of soy has fallen more than 50 per cent from its peak in 2008, so the windfall which funded the generous social programmes of the Kirchner presidencies no longer exists