Javier Milei’s One-Year Scorecard: Reforms Now Bearing Fruit

Adam Dubove Sees Progress from Stimulating Competition, Stabilizing Peso

IO Podcast | Episode 48

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Argentine President Javier Milei appears to be implementing as much of his political agenda as possible, with the proviso that he has limited support in the Senate and Chamber of Deputies. According to financial advisor Adam Dubove, Milei has effectively leveraged high citizen approval—a rare and compelling mandate—to push forward critical reforms.

Milei’s initial strategy focused on reforming or removing regulations that negatively impact Argentineans’ daily lives. As Dubove explains, these actions have already begun to show positive results: “We’re seeing a wider variety of products on supermarket shelves, and in some cases, prices are even decreasing due to increased competition … There’s still much to be done, but we’re heading in the right direction.”

When it comes to Milei’s dollarization proposal, Dubove remains optimistic. He believes that Milei has been working to stabilize the Argentine peso and is taking careful, measured steps to avoid any unintended consequences, such as capital flight or a run on the US dollar.

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Fergus Hodgson

Publisher: Fergus Hodgson, CAIA, is director of Econ Americas and author of The Latin America Red Pill. He holds an MBA in finance from Rice University and BAs in economics and political science from Boston University and the University of Waikato. He was the founding editor in chief of the PanAm Post. Follow him on Twitter and LinkedIn.

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