The motives behind the Argentine government’s decision to oust finance minister Alfonso Prat-Gay in December are unclear, but at this stage two key points are worth emphasising. First, despite legislative elections in October, a significant shift in fiscal policy – which was already set to become less restrictive – looks unlikely. Second, if anything, the new economic team appears to be more inclined to undertake the broader structural reforms needed to raise potential GDP growth.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services