President Kirchner: Another Peron?
Cristina Fernandez de Kirchner, President of Argentina
President Kirchner, who has been in office since December 2007, was re-elected in 2011 and may have her sights on a third term – which would require an amendment to the constitution. She was the first elected female president of Argentina and the second to hold that office after Isabel Peron in the 1970s. Her landslide election victory resulted from a popular policy of wealth distribution. She is an admirer of the Peron dynasty and the widow of Nestor Kirchner, a former president of the country.
Kirchner’s administration has not been without criticism and there have been allegations of corruption and crony capitalism. Early in the New Year the IMF censured Argentina for failing to comply with international standards for compiling inflation and economic growth figures. The country is experiencing its highest inflation for a decade. An anti-government demonstration in November attracted up to half a million protestors. However, the opposition is in very poor shape and things look more promising for the government now that GDP is improving.
You may have an interest in also reading…
Dr Mahathir Bin Mohamad says: “Face up to the New Economic Reality”
Dr Mohamad, an active man despite his 86 years, tends to lecture Europe on money matters. As a national developer
Otaviano Canuto, IMF: What Happened to World Trade?
World trade suffered another disappointing year in 2015, experiencing a contraction in merchandise trade volumes during the first half and
Dr. Nawal El Saadawi – An Honourable Life
Like so many of our other heroes, Dr Saadawi has seen the inside of a prison cell because of her
