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Economists warn electing far-right Milei would spell ‘devastation’ for Argentina

Economists warn electing far-right Milei would spell ‘devastation’ for Argentina

More than 100 economists including Thomas Piketty and Jayati Ghosh publish open letter ahead of country’s 19 November election

The election of the radical rightwing economist Javier Milei as president of Argentina would probably inflict further economic “devastation” and social chaos on the South American country, a group of more than 100 leading economists has warned.

In an open letter, published ahead of Argentina’s crunch 19 November election, the economists said they understood the “deep-seated desire for economic stability” among voters, given Argentina’s frequent financial crises and recurring bouts of very high inflation.

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