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Always subordinating economic policy to electoral strategy in classic populist style, Cristina Fernández de Kirchner seems convinced that a 2023 election irretrievably lost with Martín Guzmán’s IMF orientation can be turned around with an extreme transformation.
The economy minister’s decision to step down, the reaction to it and how the government found a replacement – inside a momentous week in Argentina.
Martín Guzmán’s successor considers that the escalation of prices is a multi-causal phenomenon and defends strong state regulation of the economy. For her, “wages must run ahead of inflation.”
Argentina's leftist populist Vice President Cristina Fernandez de Kirchner is gaining power behind the scenes after a government shakeup, redrawing battle lines within a weakened ruling Peronist
With a political profile located on the left wing of the ruling coalition, economist Silvina Batakis emerged as the consensus figure to lead the Economy Ministry.