Has Javier Milei’s shock therapy worked for Argentina? Podcast Por  arte de portada

Has Javier Milei’s shock therapy worked for Argentina?

Has Javier Milei’s shock therapy worked for Argentina?

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The Argentinian economy has a history going back decades of chronically low growth, high inflation, and successive crises. However, President Javier Milei’s “shock therapy” of fiscal spending cuts, peso devaluation, and an IMF package, appear to be turning things around. The economy has returned to growth; inflation, while still high, has fallen sharply; and Argentina is gradually returning to international capital markets. Paul and Luke speak to Tettey Addy, emerging market analyst at Aberdeen, about Milei’s unexpected successes with economic orthodoxy, and the challenges that still lie ahead.

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