Argentina

  With dollarization discarded in the short run, the world is eagerly watching Milei’s initial steps as the new president of Argentina. Milei took office in December with a yearly inflation rate of 211 percent (yes, you read that right). Despite the lack of robust monetary reform, Milei’s government managed to reduce the inflation rate […]

Despite swiftly balancing the budget and lowering the inflation rate two months in a row, concerns continue to grow around Milei’s economic plan. Why are new positive economic results faced with increasing uncertainty? Inflation and the “Plan Platita” Let’s start with inflation. During the presidential campaign, Sergio Massa, the kirchnerista presidential candidate, and Minister of […]

  Argentine President Javier Milei has postponed the implementation of his much-anticipated dollarization plan. Some commentators, including Steve Forbes, have urged Milei to pick up the pace before it’s too late. Is it too late for Argentina to dollarize? One major concern with Argentina’s dollarization plan is whether the government actually has enough dollars to convert […]

Javier Milei, Argentina’s new president and an economist, presented his free-market agenda at the World Economic Forum in Davos, Switzerland. He urged global leaders to shift away from socialist, centralized and planned economies with bloated governments and again to embrace market-driven systems and transparent governance. His country’s unending drama underscores Mr. Milei’s radical reform argument. […]

  Newly inaugurated Argentine President Milei is gaining significant attention on the international stage. A newcomer to the intricate world of Argentine politics, he ascended to the presidency in just a few years, triumphing over the kirchnerista (peronist) candidate Sergio Massa. For many supporters, Milei symbolizes a libertarian revolution. However, for others, his behavior is […]