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LatinNews Regional Monitor: Brazil & Southern Cone - 14 February 2018

Argentina: Macri working out the structural reform jigsaw puzzle

President Mauricio Macri did well in the October 2017 legislative elections, which he interpreted as a green light indicating electoral support for a structural transformation of the Argentine economy. Five months on, progress has been made on spending reform, tax reform, and pension reform. There have been political costs, which may intensify as the government again turns its attention to labour reform. Here, we look at progress so far, and at the somewhat mixed outlook for the president’s strategy of gradual and incremental change.

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