Argentina urgently needs several reforms, but they may not happen under Cristina Fernandez, experts say.

Posted on: October 30th, 2007
Filed Under: [ Hispanic News ] [ Non-US News ] [ Politics ]
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Knowledge is Power!

“Foreign investors are anxious for change in Argentina, but they may not see much with president-elect Cristina Fernandez, experts warn.

“Don’t expect anything radical,” says Jerry Haar, a professor of management and international business, Florida International University. “She has no intention of throwing out the economic policies of the man she sleeps with.”

Claudio Loser, an Argentine native who formerly headed the Western Hemisphere division of the International Monetary Fund, agrees. “Ms. Fernandez Kirchner is supported by the same power base as President Kirchner, and thus has currently limited room to change policies, particularly as her relation with labor unions is tenuous,” he says.”*

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