The past few weeks have seen the insults fly among Latin American leaders, with Venezuela’s foreign minister labeling Argentina’s ruling party “neo-nazis,” and Argentina’s president calling Colombia’s president a “murdering terrorist.” Unfortunately for the region, there are significant real-world consequences of this petty name-calling.
Argentine President Javier Milei’s shock therapy has produced some short-term progress. His long-term success may be jeopardized by his firebrand character.
Since taking office Dec. 10, Argentine President Javier Milei has launched a flurry of initiatives to implement his pro-market agenda. But his decision to push through a massive package of reforms all at once and his insensitivity toward the social costs of his policies risk alienating key supporters and dooming his administration.
