The economy in Argentina has not been a success story for decades. Governments of all stripes have failed to improve on almost any indicator, be it GDP, debt, poverty, inflation, or income distribution. Most have gone from bad to worse during each new presidency, and the center-left administration of President Alberto Fernández is proving to be no exception.
A change of guard is due after next year’s election with the ruling Peronist coalition flagging in the polls, which is leading economists critical of the government to make plans for 2023.
Pro-business advocates, in particular, see the fact that Argentinian...