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this post was submitted on 21 Nov 2023
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This is the best summary I could come up with:
“The decisiveness of the victory — a doubt until yesterday — allows him to signal to all parties who is in control of the transition and the formation of the Cabinet,” said Mariano Machado, principal analyst for the Americas at Verisk Maplecroft, a global risk intelligence firm.
He said he still wanted to close the Central Bank of Argentina, calling it “a moral decision,” but appeared to put his plans for replacing the local currency, the peso, with the U.S. dollar on the back burner.
Milei predicted it would take him up to half of his presidential term — “between 18 and 24 months” — to decrease inflation, which polls showed was the biggest concern for Argentine voters as consumer prices have increased 140% over the past year.
Milei’s privatization plans “in large part clash with the Argentine constitutional model,” warned Andrés Gil Domínguez, a law professor at the University of Buenos Aires.
Although support for his policies would increase if he allies himself with members of the main center-right opposition coalition, which backed his candidacy in the second round, “they don’t have a sufficient number to be able to impose things,” Mariel Fornoni, of the political consulting firm Management & Fit, said.
“In this scenario, the issue will surely be litigated with an uncertain outcome,” explained Gustavo Arballo, a law professor at the La Pampa National University.
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