The economic policies of Argentine president Javier Milei will, according to economist Julian Emami Namini of Erasmus School of Economics, ultimately provide real prospects, despite the current social hardship. ‘Things will get worse before they get better,’ he says.
According to Assistant Professor Emami Namini, Argentinians are currently losing jobs in non-competitive sectors, but within one and a half to two years they are expected to find employment in thriving sectors such as mining. If Milei maintains his reform agenda, Emami Namini even considers growth figures of 5% or more achievable, comparable to China’s historic transition from socialism to capitalism.
‘Argentina can once again become as stable as the Netherlands or Germany,’ Emami Namini argues. The key condition is that Milei continues to secure market confidence and pursues his policies, despite growing street protests and political headwinds.
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Read the full article (in Dutch) in the Dutch newspaper Het Financieele Dagblad, listed above. For more information, please contact Ronald de Groot, Media & Public Relations Officer at Erasmus School of Economics: rdegroot@ese.eur.nl, mobile: +31 6 53 641 846.
