Mileionomics: Far Right or Right On? An Economic And Political Analysis of Javier Milei’s “Shock Therapy”

Mileionomics: Far Right or Right On? An Economic And Political Analysis of Javier Milei’s “Shock Therapy”

By Ruy Scalamandré

27 June 2024

In this paper we discuss:

1. The main economic measures introduced by Javier Milei in the first few months of presidency;
2. Milei’s aims at reducing Argentina’s public spending and accumulating USD reserves;
3. How these measures have contributed to generate the first fiscal surplus in years;
4. The improvement in Argentina’s current account position;
5. Argentina’s position versus countries such as China and Brazil; and
6. The challenges Milei will face to continue reforming the country.

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