But the size of the pie of the Argentine economy, no matter how it is distributed, will be smaller by March.One must not overlook the possibility that an even greater drop in demand for money (related to the inconvertibility of the Argentine peso) will give the government another major inflationary headache, at the hands of a Central Bank that has already begun to print colorful paper. Alberto Fernández – who is the frontrunner for Argentina’s presidency? By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica.Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox.
Alberto Fernández, the Argentine president, is confident that his Keynesian plan will lead to economic recovery, but it will not bring the expected results. Alberto Fernández, in full Alberto Ángel Fernández Pérez, (born April 2, 1959, Buenos Aires, Argentina), Argentine politician and lawyer who became president of Argentina in 2020.
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* Jul 9, 1999 in Moratalla, Spain Check out Britannica's new site for parents!
Sam Halvorsen, Queen Mary University of London. Author.
During his tenure, he oversaw deregulation of the country’s insurance industry, served as president of the Association of Insurance Superintendents of From 1997 to 2000, Fernández served as an executive in the finance and insurance industries. She left office dogged by a scandal involving the death of a Meanwhile, Fernández and Fernández de Kirchner, who had gone some nine years without seeing each other, had a rapprochement in 2017. Then in May 2019 Fernández de Kirchner made the stunning announcement that she would not be running for president but had instead asked Fernández to do so. Jeff Wallenfeldt, manager of Geography and History, has worked as an editor at Encyclopaedia Britannica since 1992.
The fact that Argentine society discusses the names of the heroes who will appear on the bills or whether it is better to have local animals is one less problem for a government that, for now, and like the previous one, seems to be avoiding the fundamental reforms.If Fernández, facing the mid-term elections, and avoiding a severe crisis, manages to consolidate his political power scheme, he will inevitably have to present an economic agenda because Argentina is going nowhere with what the government is currently offering as an option.We use cookies to ensure that we give you the best experience on our website.
“I don’t understand much why the middle class gets angry,” says a president who is beginning to take the first steps in the direction opposite to the feeling in the streets. This proximity, coupled with the relaxed style reminiscent of Carlos Menem or the first Néstor Kirchner, differs from Cristina’s model, which is much more restricted to her trusted people.However, the consolidation of political power (which, given the circumstances, maybe no small thing) is not enough, given Argentina’s economic gravity. The former president, Cristina Fernández de Kirchner, is now set to hold the vice-presidency and serve under the experienced yet until recently little-known candidate Alberto Fernández. “They will be the ones who benefit the most,” he assures, referring to his economic program, which, in all fairness, does not even deserve to be called an “economic plan.”Hopefully, and so far, it seems there is some hope, the government will manage to avoid a catastrophe in the short term and, with even more luck (and doing some homework about international politics), Fernández will be able to prevent total default. Alberto Fernández, Argentina's president-elect, has caused quite a stir despite his obscurity. Alberto Fernández (natu ntô 1959) è l'attuali Cabinet Chief di l'Argintina sutta lu cuvernu di Néstor Kirchner Sta pàggina fu canciata a 20:04 di lu 8 mar 2013. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. In 1999 he worked on the unsuccessful presidential campaign of Peronist Fernández de Kirchner was constitutionally prohibited from running for another consecutive term in 2015 when she completed her second term.
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