Besides the scandal involving the labor reform, every time I come across a chart about Argentina, the situation always looks like a disaster.
What has the government done well in these four years?
Posted by Happy-Bottle-4044
Besides the scandal involving the labor reform, every time I come across a chart about Argentina, the situation always looks like a disaster.
What has the government done well in these four years?
Posted by Happy-Bottle-4044
4 Comments
Market reforms are slow, and the labor reforms are needed and it is the Peronists complaining over losing power. Overall he is making solid progress. Should he be relected his reforms can be cemented.
Inflation lowered and the credit rating improved but it’s not still quite at the right level yet. It’s also not that stable of an arrangement yet because a lot of spending cuts were figuratively dragging people screaming more than the product of a decent political process with citizen buy in.
Argentinians want a better economy but they don’t fucking care about details or process so this is the kind of results you get.
I was surprised to find out that MoM inflation has been rising for 8 months:
https://tradingeconomics.com/argentina/inflation-rate-mom
Inflation and poverty have been drastically reduced. FX reserves are being built up and they haven’t had a fiscal or primary deficit in 2 years. Now he’s pursuing economic reforms that are much needed. Also what scandal involving labor reform are you referring to?