Argentina's President Milei Aims for Economy "Shock Therapy"
Argentina's President Milei Aims for Economy "Shock Therapy"

Author(s): Bartłomiej Znojek
Subject(s): Politics, National Economy, Governance, Public Administration
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Javier Milei; Argentina
Summary/Abstract: Dealing with the deepening economic crisis is the top priority for the government of ultraliberal President Javier Milei, who took over in Argentina on 10 December 2023. The scale of the challenge and the lack of a parliamentary majority will complicate the implementation of his plans, which include the dollarisation of the economy and the elimination of the central bank. In foreign policy, Milei promises to prioritise relations with the U.S. and Israel, among other goals. Although he cancelled the previous government’s decision to join BRICS, it is doubtful whether he will limit relations with key partners such as China.

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