Argentines voted to dismantle Peronist patronage. Whether Milei can do that is uncertain
Milei provides a voice for those disgusted with Argentine politics, but his plans are vague and his political power uncertain.
Argentina has taken a step into uncharted territory. In Sunday’s election, nearly 56 per cent of voters chose outsider candidate Javier Milei over Sergio Massa of the incumbent Peronist government. In doing so, a majority voted to overturn Argentina’s political class and historic economic model.
Milei rose to political prominence promising to throw out the ‘political caste’ that had overseen an economy that by 2023 was suffering 140 per cent inflation, an international debt default and an expected 2.3 per cent contraction of GDP this year alone.
What isn’t clear is how much Argentine voters were paying attention to the practicalities of economic proposals and their likely impact.
Click here to continue reading the full version of this Expert Comment on the Chatham House website.
Latest News from
Russia’s war on Ukraine has strengthened Lukashenka but undermined Belarus05/12/2023 09:20:00
Aliaksandr Lukashenka has capitalized on the conflict, but his regime’s dependence on Russia is eroding Belarusian sovereignty.
What COP28 needs to address to avoid climate disaster04/12/2023 12:20:00
The climate is on its way to exceeding a 1.5°C increase in the global temperature. World leaders can stop it – but they have to act now.
The UK's new development strategy is a good start but should be bolder29/11/2023 09:20:00
The white paper should help restore confidence in the UK’s approach to international development, but it ducks some central questions.
What a far-right surge in the Netherlands means for Europe27/11/2023 12:20:00
A solid bloc of Eurosceptic parties in power is cause for concern.
The Hamas–Israel hostage deal could pave the way to de-escalation and ultimately peace23/11/2023 12:20:00
Plans to rebuild Gaza after the war must be made alongside securing the safe return of all hostages.
The closer Israel gets to destroying Hamas, the more likely war with Hezbollah becomes21/11/2023 09:20:00
The US must do everything it can to prevent another devastating war.
Biden needs to convince Americans that dialogue with China is in their interests20/11/2023 14:20:00
That is not easy when Republicans see electoral advantage in attacking him as ‘soft on China’.
The Supreme Court’s decision requires fresh thinking – not emergency legislation17/11/2023 14:10:00
Time, reflection and cool heads are needed to fully digest the ruling amid the heat of a turbulent few days in Westminster.