Tuesday 17 Oct 2023 @ 16:10
Chatham House
Printable version

If Milei meets Massa in a second round, all bets are off for Argentina’s election – and the country’s future

EXPERT COMMENT

Milei will be competitive against an unpopular incumbent. Should he win, his policies could create unprecedented upheaval.

Javier Milei is leading polls in the run up to Argentina’s first-round presidential elections on 22 October. An economist and former television commentator who served one term in congress, Milei calls himself an anarcho-capitalist and radical libertarian.

He has promised to trash Argentina’s currency, the peso, in favour of the US dollar, abolish the central bank and cut public spending by at least 15 per cent of GDP. 

Should he win, his largely untested fringe economic ideas will run up against an Argentine state and society accustomed to public largesse via subsidies and generous (though chronically less-than-effective) social safety-net programmes.

Click here to continue reading the full version of this Expert Comment on the Chatham House website.

 

Channel website: https://www.chathamhouse.org/

Original article link: https://www.chathamhouse.org/2023/10/if-milei-meets-massa-second-round-all-bets-are-argentinas-election-and-countrys-future

Share this article
RESEARCH EXPERTS EVENTS MEMBERSHIP ACADEMY ABOUT

 

Latest News from
Chatham House

What are the first foreign affairs questions for the new government?

31/05/2024 14:20:00

The next UK government will immediately be thrust onto the world stage with NATO and European summits in July. The campaign is a distraction but there are urgent questions to answer on foreign affairs, including Gaza.

The next UK government must make productivity its top priority

31/05/2024 12:20:00

Raising productivity growth is the only way the UK will be able to meet its domestic and international objectives over the long term.

A US–Saudi deal deserves its own scrutiny, regardless of Israeli normalization

30/05/2024 15:10:00

Any security deal would have significant implications for both countries and the Middle East. It deserves more serious attention than it has received so far.

The ICJ and ICC put Israel on notice but cannot stop the war

30/05/2024 14:20:00

Confrontation with the courts shores up Netanyahu’s supporter base – even as Israel’s international isolation deepens.

A Modi election victory will see Indian foreign policy grow more assertive – bringing risk and opportunity

30/05/2024 13:10:00

India’s democratic credentials have been reaffirmed during the election cycle. But an erosion of India’s secular credentials could pose challenges for its global image.

The EU elections will challenge Macron’s leadership and influence

30/05/2024 12:20:00

If his party is severely defeated at the European elections in June, the French president will find it harder than before to shape the EU’s agenda.

Is the Kremlin behind Georgia’s foreign agents law?

28/05/2024 15:20:00

Georgia has been captured by a tiny elite – and, one way or another, by Russia.

Ruto’s state visit spotlights Kenya’s centrality to Africa–US relations

24/05/2024 12:20:00

President Joe Biden’s choice of Kenya for a first African state visit in more than 15 years is no coincidence, but both countries must be clear on what is driving this increasing strategic dependence.

The Seoul AI summit should put local capacity at the heart of AI for international development

23/05/2024 13:33:00

For the UK, backing the use of emerging technology for development goals should extend to support of local leadership and stewardship.

intelligent automation