1) The more things change the more they stay the same? Sure, as #Argentina hosts the #G20 Friday, its overspending has landed it back in an #IMF program, and it is again struggling to control inflation, projected by @jpmorgan to hit 48% this year. @g20org @IMFNews
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2) But
#Argentina’s economic troubles arguably reflect the pace of its liberalization under President@mauriciomacri, not the direction of the reforms.1 reply 0 retweets 2 likesShow this thread -
3) Meanwhile, the diplomatic posture in
#Argentina is unrecognizable compared to the 12 years of leftist rule (2003-2015), when its preferred multinational forums were#Mercosur,#UNASUR,#CELAC and the#G77 at@UN, and its favorite allies included#Venezuela and#Iran.1 reply 0 retweets 2 likesShow this thread -
4) Tomorrow, not only will
#Argentina host the#G20, but@mauriciomacri plans meetings with the leaders of the U.S. and U.K., reflecting tectonic shifts in those diplomatic relationships.1 reply 0 retweets 2 likesShow this thread
5) #Argentina has also rebuilt ties with traditional allies #Spain and #Italy, another sign that this year’s currency crisis and recession did not undo the country’s transformation, though they might have imperiled its pro-market, pro-trade agenda.
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