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The challenges of Argentinan Economy

There is no doubt that the coming years will be challenging for Argentina, its institutions and its citizens. One of the largest countries in South America, Argentina's international trade profile is characterized by a strong emphasis on agricultural exports, with primary products accounting for a significant portion of the country's total exports. In 2022, agricultural products accounted for approximately 53% of Argentina's total exports, while manufactured goods accounted for the remaining 47%. The November 2023 ballot and its results have given the presidency to Mr. Javier Milei, a self-described libertarian economist who faces great challenges in the economic, political and social spheres. Some of the most important challenges are the following: 1. High Inflation: Argentina has a long-standing issue with high inflation, which erodes purchasing power and discourages investment. As of November 2023, inflation is estimated at over 70%. This makes it difficult for business