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Market
Outcome of Milei's Economic Policies by End of 2024
5
Resolution / Starting Odds
Successful in reducing inflation significantly • 33%
Moderate success with limited reduction in inflation • 33%
Unsuccessful with inflation remaining high or increasing • 34%
Economic analysis and reports from international financial institutions or Argentine government
Story
Argentina's Milei Aligns with U.S., Battles Third-Highest Global Inflation at 129%
May 13, 2024, 12:56 AM
Argentine President Javier Milei has emphasized his commitment to align closely with the United States and oppose negotiations with communists, reflecting a swift and dramatic shift in policy. Amidst this political stance, Argentina faces severe economic challenges, currently holding the third highest inflation rate globally at 129% per year, with an annual inflation rate reported at 288%. The success of Milei's administration is deemed dependent on its ability to reduce inflation and stimulate economic growth, while addressing issues such as the overvalued peso. Critics argue that without measures such as official dollarization, inflation may continue to soar, further complicating the economic landscape. Notably, Zimbabwe tops the global inflation chart with a rate of 2,148% per year.
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Passed in entirety • 33%
Passed with significant amendments • 33%
Not passed • 33%
Tax Reforms • 33%
Monetary Policy Reforms • 33%
Trade Reforms • 33%
Above 3% • 33%
Between 0% and 3% • 33%
Negative growth • 33%
No significant political consequences • 33%
Formal censure or reprimand • 33%
Increase in political support • 34%
Below 30% • 33%
Above 50% • 33%
Between 30% and 50% • 33%
Increase • 33%
Decrease • 33%
No significant change • 34%
Continued current policies • 33%
New economic reforms announced • 33%
Policies become more restrictive • 33%
Predominantly negative • 50%
Mixed or neutral • 25%
Predominantly positive • 25%
