Argentina’s transition to its new presidency will be very complex, not least because the incoming president is a far-right eccentric anarcho-capitalist with limited political experience. The first task for Javier Milei, who won a landslide victory earlier this month, will be averting hyperinflation when he takes office on 10 December.
This will be made harder by friction between the new president and the outgoing government. The strain became evident on election night itself, when Milei’s election rival Sergio Massa, the current economic minister, used his speech accepting defeat to claim responsibility for Argentina’s dismal economic situation now lay with Milei.
“From tomorrow, the task of providing certainty and transmitting guarantees about the political, social and economic functioning is the responsibility of the president-elect. We expect him to do so,” Massa said.
