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State Economics: Difference between revisions
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==== Why did Argentina fail under Macri? (2015-2019) ==== | ==== Why did Argentina fail under Macri? (2015-2019) ==== | ||
Macri | Macri favors market oriented policies and put's emphasis on individual responsibility and competition, the fight of corruption and rejects "messianic" characters in politics. <ref>https://youtu.be/s_eJi9iswRM</ref> He wanted to bring Argentina back on the world stage and increase it's competitiveness <ref>https://youtu.be/1mmTNNbEU_M Min 7.</ref> | ||
'''Why did his policies fail?''' | |||
It appears that lifted currency controls in combination with an incoming socialist government turned out to be catastrophic <ref>https://www.brookings.edu/blog/up-front/2019/09/05/lessons-learned-from-the-argentine-economy-under-macri/</ref> as it allowed business and money to flee the country? | It appears that lifted currency controls in combination with an incoming socialist government turned out to be catastrophic <ref>https://www.brookings.edu/blog/up-front/2019/09/05/lessons-learned-from-the-argentine-economy-under-macri/</ref> as it allowed business and money to flee the country? | ||
== References == | == References == | ||