Bruno Binetti is a non-resident research fellow with the office of the president at the Inter-American Dialogue, based in Buenos Aires. He was previously a research assistant at the Woodrow Wilson Center for International Scholars and has also worked as a legislative aide in the Argentine Congress. Binetti holds a BA in international studies from Torcuato Di Tella University and an MA in international affairs and development from George Washington University’s Elliott School of International Affairs, where he was a Fulbright Scholar. He writes on Latin American political and economic trends and China- Latin America relations and has taught courses at Torcuato Di Tella University and the Catholic University of Argentina.
Once again, Argentina has become synonymous with crisis. The Argentine peso has already lost half of its value against the dollar this year, and the economy is projected to contract by at least 2 percent while inflation reaches 40 percent. Beleaguered President Mauricio Macri is asking the International Monetary Fund for additional assistant, only three months after finalizing a loan agreement. Not surprisingly, Macri’s domestic popularity has suffered, weakening his re-election prospects next year.
Mauricio Macri has good reason to celebrate: Argentines just gave a strong endorsement to his reform agenda. To capitalize on these results, Macri will need to pick his battles carefully, resolve inconsistencies in his economic program, and show concrete results to maintain the trust of investors and citizens alike.
[Unasur] originalmente sirvió como foro de discusión política para los líderes de Sudamérica y ayudó a resolver crisis puntuales en Bolivia y Ecuador. Pero al incrementarse la diversidad ideológica y de perspectivas en la región en los últimos años, la falta de institucionalidad de Unasur resultó letal. La gota que rebalsó el vaso fue la complicidad de la organización con el régimen venezolano.