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.
Mauricio Macri’s failure confirms that there seems to be no politically sustainable way to open up and reform Argentina’s economy. The long-term benefits of liberalizing, improving competitiveness and reducing fiscal spending might be clear in theory, but the immediate social costs of these policies are simply too high for Argentines to bear.
López Obrador’s presidency will be judged by his ability to tackle the myriad problems that beset his country while showing that change is possible within the rule of law and democratic institutions.
As Cuba begins its path towards post-Castroism, drawing comparisons with other transitions within communist regimes is almost inevitable, despite the uniqueness of the island’s situation.
China has shown patience with Argentina’s political and economic shifts and will likely continue to do so. They want to keep looking for strategic resources for the medium-term and they contemplate the short-term shocks when making an investment.
Many of these leaders that are pushing for the Prosur initiative criticized UNASUR for being a politicized institution that responded to the interests of left-wing leaders such as Hugo Chavez or Lula in Brazil […] I think they are doing the exact same thing with Prosur. How would this institution survive after the incumbents leave office? That is the key question. If we are going to create new institutions every time there is a political shift in Latin America then we are not going to build real sustainable integration.