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A sign that reads in Spanish "fight to return Cristina's leadership" during a protest against President Mauricio Macri's economic measures, Buenos Aires, Argentina, Dec. 17, 2015 (AP photo by Victor R. Caivano).

Argentina’s Macri in Swift, Risky Dismantling of Kirchner Legacy

Thursday, Feb. 11, 2016

When Argentina’s president, Mauricio Macri, presented a serious proposal to foreign bondholders last week, he took one more step along a path that leads away from the country’s dozen years of leftist populism at the hands of former President Cristina Fernandez de Kirchner and her predecessor and late husband, Nestor Kirchner. In fact, Macri’s offer to creditors, whatever its ultimate fate, represents a blow to the very structure of Kirchnerismo, whose economic and foreign policies he is dismantling with breathtaking speed.

Macri’s election in 2015, as is now evident, follows a global trend of dissatisfaction that favors candidates from outside the establishment. He is the first Argentine president in a century who doesn’t belong to either of the two main parties, the Peronistas and the Radicals. ...

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