The Benefit of the Doubt

ARGENTINA - Report 11 Dec 2013 by Esteban Fernández Medrano and Domingo Cavallo
Executive Summary We wondered before whether the recent appointments suggested a change in economic policy or not. The departure of former Interior Trade Secretary Guillermo Moreno and the appointment of Jorge Capitanich as Chief of Cabinet suggested the possibility of a substantial change. After a few weeks in office, we review the observed changes and what might be expected. The most immediate change has been a renewed contact with the local press, in particular from the Chief of Cabinet. Over the past few years, cabinet members often avoided such contact, given that most economic policy ...

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