The Miracle of Javier Milei: In His First Year in Office, Argentina Shifted from Chronic Deficit to Surplus

The Miracle of Milei examines how Argentina transitioned from years of chronic fiscal deficit and runaway inflation to a primary budget surplus in President Javier Milei’s first year in office. The analysis explores the structural crisis he inherited, the rapid fiscal adjustment implemented by his administration, and the broader implications for economic stability in Latin America.