A victory for Peronist candidate Alberto Fernández in this weekend’s presidential election in Argentina looks almost certain and attention is likely to focus on any early signs that he will govern as a centrist or populist. Either way, we think that large debt write-down will ultimately be required. Elsewhere, protests in Chile have continued although we think the economic fallout should be limited. Finally, Brazil’s pension reform approved this week will help to stabilise the debt ratio, but it seems likely that reform momentum will wane from here.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services