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Brazil & Southern Cone - March 2017 (ISSN 1741-4431)

The going gets tough for Macri

As Argentina’s President Mauricio Macri approaches the halfway point of his current four-year term, with key midterm legislative elections in October this year, the signs are that the domestic economic recovery he promised is still far off. This has led to the loss of public support for his government and the apparent breakdown in its relations with Argentina’s influential workers’ unions. This is a problem for Macri as it suggests that the second half of his presidential term could be marked by increased political confrontation and social discontent if there is not a marked improvement in economic indicators such as inflation and the unemployment rate.

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