2023-11-21 Caribbean-Latin America
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Is Argentina's new president too divisive to fix a broken economy?
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[Economist] Javier Milei, Argentina’s newly elected president, rose to fame by bashing the country’s political class on television. Now the world’s first avowedly libertarian leader will probably demonstrate the truth of the notion that it is easier to criticise than to do.
On November 19th, Mr Milei surpassed expectations and won 56% of the vote in the presidential run-off, compared with 44% for Sergio Massa, a stalwart of the Peronist movement, which has governed Argentina for 28 of the past 40 years. His coalition, Liberty Advances, won in 20 of Argentina’s 23 provinces, plus the city of Buenos Aires.
In his victory speech, Mr Milei promised to make "drastic changes" to end Argentina’s century-long decline and return the country to being a "world power" within 35 years.
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Posted by Besoeker 2023-11-21 00:00||
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