Argentina once again finds itself running out of dollars and urgently in need of assistance from the International Monetary Fund. But with a ruling coalition that lacks a common view on whether and how the economy needs to be reformed, outside assistance will not resolve the country’s secular malaise.
BUENOS AIRES – Argentina’s Peronist government is in turmoil after being humbled in primary elections on September 12. Its candidates for this November’s midterm legislative elections were defeated in 17 of 24 provinces, including the traditional Peronist stronghold of Buenos Aires. The government’s de facto leader, Vice President Cristina Fernández de Kirchner, is now understandably upset with its de jure one, President Alberto Fernández, whom she chose to lead her ticket in the 2019 election.
BUENOS AIRES – Argentina’s Peronist government is in turmoil after being humbled in primary elections on September 12. Its candidates for this November’s midterm legislative elections were defeated in 17 of 24 provinces, including the traditional Peronist stronghold of Buenos Aires. The government’s de facto leader, Vice President Cristina Fernández de Kirchner, is now understandably upset with its de jure one, President Alberto Fernández, whom she chose to lead her ticket in the 2019 election.