Voters on Sunday will pick Argentina’s next president. Among the candidates are (from left): Sergio Massa, Javier Milei and Patricia Bullrich. — Voters on Sunday will pick Argentina’s next president. Among the candidates are (from left): Sergio Massa, Javier Milei and Patricia Bullrich.
Photographers: Massa and Bullrich: Juan Mabromoata/AFP/Getty Images; Milei: Erica Canepa/Bloomberg

The Big Take

Inflation Raging in Triple Digits Is Pushing Argentina Down a Radical Path

Presidential candidate Javier Milei is winning over voters with promises to revive what was once one of the world’s wealthiest nations.

By Scott Squires and Manuela Tobias

October 19, 2023 at 7:00 PM EDT

Updated on

November 19, 2023 at 7:12 PM EST

This article is part of the October 23, 2023 issue of businessweek.

This story was originally published on Oct. 19. On Sunday, outsider candidate Javier Milei won Argentina’s presidential runoff against Economy Minister Sergio Massa.)

Read a free translation of this story in Spanish.

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE