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January 22nd, 2025 | 3:37 AM ET

A New Era

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Posted: May 18th, 2016

By Michael Shifter

Michael Shifter is president of the Inter-American Dialogue. Since 1993, Mr. Shifter has been adjunct professor at Georgetown University's School of Foreign Service, where he teaches Latin American politics. Prior to joining the Inter-American Dialogue, Mr. Shifter directed the Latin American and Caribbean program at the National Endowment for Democracy and, before that, the Ford Foundation's governance and human rights program in the Andean region and Southern Cone where he was based in Lima, Peru, and subsequently, in Santiago, Chile.

By Bruno Binetti

Bruno Binetti is a Research Associate at the Inter-American Dialogue. He is a Fulbright Scholar at the Elliott School of International Affairs in Washington DC and has a degree in International Studies from Torcuato Di Tella University in Buenos aires, Argentina.

During his visit to Buenos Aires in March, President Barack Obama praised his Argentinian counterpart and called him “a man in a hurry.” Indeed, many in Argentina and abroad have been surprised by the determination with which Mauricio Macri has implemented reforms to open the economy, remove excessive restrictions, and bring fiscal accounts back in order. So far, Macri has been successful in attributing the social pain of the reforms to the gravity of the situation he inherited. Still, Argentina’s patience could run out before the economy starts growing again.

A new economic era

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