(1) President @mauriciomacri largely reined in unsustainable utility subsidies; eliminated the current account deficit; and sharply reduced the primary budget deficit. 2/pic.twitter.com/gs5xmIxRmm
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It's easy to be pessimistic about #Argentina's prospects, but @CIPPEC's @mgrapetti does not sound gloomy. In remarks at @TheWilsonCenter, he said Alberto Fernández, notwithstanding heavy debt, inherits an economy in relatively decent shape. https://www.wilsoncenter.org/event/argentinas-presidential-election-now-what … 1/
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Moreover, many of the factors that generated excitement after Macri's 2015 election will outlive his administration, Martín Rapetti said, including Vaca Muerta and
#Argentina's productive breadbasket. 3/Show this thread -
Even the debt is not as bad as it seems,
@mgrapetti argued, with >1/4 owed to public sector creditors. 4/pic.twitter.com/2ns6mcVpAb
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For more on Argentina's political transition, listen to the highlights of our recent seminar, co-sponsored by
@SAISHopkins's@SAIS_LASP, featuring@benjamingedan,@bollemdb and@ElliottSchoolGW's Paula Alonso. https://open.spotify.com/episode/2vF4uSwKsqh2aCpYecmRQJ … 5/Show this thread
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