In Argentina, the “dolarizacion” of the economy at the heart of the presidential campaign

2023-10-01 07:24:17

Javier Milei, the “anarcho-capitalist” candidate who came first in the August primaries with his “Liberty Advance” party, owes a large part of his electoral success to his promise to dollarize the Argentine economy. Distraught by hyperinflation and rising poverty, many Argentinians see the adoption of the dollar as the official currency as “the” long-awaited solution to the economic crisis in which the country has been plunged since 2018.
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