Latin America

In Argentina, Peronism humbled by shock primaries

Almost exactly two years ago, in Argentina’s 2019 presidential primaries, a landslide win by challenger Alberto Fernández over then-President Mauricio Macri anticipated a shock to the country’s politics and economics. Now, the same seems to have happened in the 2021 midterm primaries, albeit in the opposite direction.

The center-right Juntos opposition coalition won a resounding, momentum-changing political victory yesterday, winning in a record-high 16 out of 24 provinces, including the five most populated. It also took a commanding 40 percent of the nationwide vote, against a historically low 30 percent from the ruling center-left Peronist coalition.

If these primary results are repeated at the November 14 midterms, Peronism would stand to lose control of Congress — an extremely rare sight given the party’s historical dominance over the Senate.

Argentina’s unusual voting system means that primaries are generally the best available predictor for any election’s final result, given that voting is mandatory for all citizens on both dates, and each person can cast a vote for any coalition, regardless of their political affiliation. As such, the September vote doesn’t function simply as a primary, but also as a giant, one-to-one scale poll with almost no sampling bias ahead of November’s elections.

Though changes in Congress will still need to be confirmed in November, Mr. Fernández already hinted about reforms to his administration in yesterday’s concession speech — though the direction of that change remains unclear. “Evidently there’s something we didn’t do right, and that’s why people didn’t back us. There are clearly...

Ignacio Portes

Ignacio Portes is The Brazilian Report's Latin America editor. Based in Buenos Aires, he has covered politics, macro, markets and diplomacy for the Financial Times, Al Jazeera, and the Buenos Aires Herald.

Recent Posts

Madonna concert to inject BRL 300 million into Rio economy

The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…

2 hours ago

Panama ready to vote as Supreme Court clears frontrunner

A ban on former President Ricardo Martinelli upended Panama’s elections, but his running mate is…

3 hours ago

Sabesp privatization edges closer with São Paulo legislation

The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…

6 hours ago

Brazil’s AI regulation gets first draft to guide upcoming debates

The preliminary report on AI regulations presented to Brazil’s Senate last week provides a middle-of-the-road…

7 hours ago

Ayrton Senna, a true Brazilian hero

In 2000, Formula 1 great Michael Schumacher had just racked up his 41st race win,…

24 hours ago

OECD improves Brazil’s GDP growth forecast once again

Overall, the worldwide economic outlook has improved according to the Organization for Economic Co-operation and…

1 day ago