100 Days of Sergio Massa’s Balancing Act

By María Esperanza Casullo

Argentina’s economy minister has prevented wholesale collapse. Is that enough to claim victory?

NEUQUÉN, Argentina — Like the dog that didn’t bark in the famous Sherlock Holmes story, the most notable events of Argentine economy minister Sergio Massa’s first 100 days in office might be the ones that did not occur. High inflation did not become hyperinflation. Argentine foreign reserves were not completely depleted. The political crisis did not escalate. The country did not default on the IMF deal signed in March 2022. The core group of kirchneristas did not leave the government in revolt. None of these things were certain at the end of July, when Massa replaced the...

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