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Javier Milei’s Next Challenge: Governing Argentina (Foreign Policy)

Javier Milei’s Next Challenge: Governing Argentina

The messianic president-elect may struggle to implement many of his most radical ideas.

By Oliver Stuenkel, an associate professor of international relations at the Getulio Vargas Foundation in São Paulo.

NOVEMBER 21, 2023

The radical libertarian candidate Javier Milei surfed an anti-establishment wave to comfortably win Argentina’s highly polarized presidential runoff on Nov. 19 with 55.7 percent of the votes. He will take over a country battered by the worst economic crisis in two decades, rising poverty levels and one of the highest inflation rates in the world. His opponent Sergio Massa, currently minister of the economy, obtained the most votes in the first round, but the country’s catastrophic economic situation was like a millstone around Massa’s neck during a runoff in which the majority of voters wanted change. Massa’s defeat was so decisive that he may not even have a mandate to lead the reconstruction of Peronism, a movement that has governed Argentina for 28 of the last 40 years.

Milei holds many extreme views. He believes climate change is a socialist hoax and that the mob violence of Jan. 6, 2021 in Washington, D.C. and Jan. 8, 2023 in Brazil’s capital, Brasília, had nothing to do with former U.S. and Brazilian Presidents Donald Trump and Jair Bolsonaro, respectively. Many of his proposals are highly controversial, such as closing Argentina’s central bank and dollarizing the economy; privatizing education; eliminating all gun laws; criminalizing abortion; legalizing…

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SOBRE

Oliver Stuenkel

Oliver Della Costa Stuenkel é analista político, autor, palestrante e professor na Escola de Relações Internacionais da Fundação Getúlio Vargas (FGV) em São Paulo. Ele também é pesquisador no Carnegie Endowment em Washington DC e no Instituto de Política Pública Global (GPPi) ​​em Berlim, e colunista do Estadão e da revista Americas Quarterly. Sua pesquisa concentra-se na geopolítica, nas potências emergentes, na política latino-americana e no papel do Brasil no mundo. Ele é o autor de vários livros sobre política internacional, como The BRICS and the Future of Global Order (Lexington) e Post-Western World: How emerging powers are remaking world order (Polity). Ele atualmente escreve um livro sobre a competição tecnológica entre a China e os Estados Unidos.

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