Has Argentina’s Economy Started a Stronger Recovery?


On April 3, Managing Director of Cefeidas Group, Juan Cruz Díaz was published in the Dialogue’s Latin America Advisor.

He responded to the following questions:

Showing signs of recovery, Argentina’s economy grew 0.5 percent in last year’s fourth quarter as compared to the third, the country’s statistics agency said March 21. The farming, energy and construction sectors are seeing increased output, the agency said. Has Argentina’s economy reached bottom and started to turn around? Are President Mauricio Macri’s economic policies the reason for recent gains, and will they be sustained? Will the economic gains be enough for Macri’s Cambiemos coalition to be rewarded in the October midterm elections, or will the election spell trouble for the president’s allies in Congress?

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