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Aberdeen Investments
Has Javier Milei’s shock therapy worked for Argentina?
22 minutes Posted May 29, 2025 at 2:00 pm.
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The Argentinian economy has a history going back decades of chronically low growth, high inflation, and successive crises. However, President Javier Milei’s “shock therapy” of fiscal spending cuts, peso devaluation, and an IMF package, appear to be turning things around. The economy has returned to growth; inflation, while still high, has fallen sharply; and Argentina is gradually returning to international capital markets. Paul and Luke speak to Tettey Addy, emerging market analyst at Aberde...