The IMF cannot solve Argentina’s dysfunction
Only a change in Argentine policies can wrench the country from its century-long malaise
Editor′s note: On January 28th, after this story was published, the government of Argentina announced that it had reached an understanding with the IMF. The plan, which will be implemented over the next two and a half years, foresees a reduction in the fiscal deficit from 3% in 2021 to 0.9% by 2024, in part through more efficient tax collection. Any actual deal must be approved by Argentina′s Congress.
This article appeared in the The Americas section of the print edition under the headline “Mad existence”
From the January 29th 2022 edition
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