The real reason Argentina’s economy is such a mess

Video Description

Advertising sponsor: Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro Further reading mentioned in the video: Argentina’s Javier Milei is betting big on an oil gusher: https://www.economist.com/the-americas/2025/02/16/argentinas-javier-milei-is-betting-big-on-an-oil-gusher Javier Milei, free-market revolutionary: https://www.economist.com/the-americas/2024/11/28/javier-milei-free-market-revolutionary Don't cry for Menem: https://www.economist.com/the-americas/2003/05/15/dont-cry-for-menem Argentina: A decline without parallel: https://www.economist.com/special-report/2002/02/28/a-decline-without-parallel If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via Patreon at: https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: I've linked my sources in the blog that goes along with this video. Links are in the text. https://www.moneymacro.rocks/2025-03-11-Argentina/ Timestamps: 00:00 Intro 01:29 Argentina 100 year economic decline 04:15 Half-hearted industrialization 08:36 Disastrous free trade 13:29 Make up your mind Argentina 20:05 Sponsor Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Narrated and produced by Dr. Joeri Schasfoort