Kirchners’ New Economic Populism
Argentina is known for its populists leaders, as well as spectacular economic booms and busts. Yet looking at the economic data of the last fifty years, successive governments have, perhaps somewhat surprisingly, run fairly traditional countercyclical public policies. Government spending generally increased during downturns and slowed during spurts of economic growth. As you can see in the graph below, this trend was more noticeable in the 1960s and 1970s, but continued (if somewhat lessened) throughout the 1990s and early 2000s. Read more »
