Radical economic policies in Argentina offer lessons – but not a blueprint – for South Africa

By Lyal White, Director of the Porter Institute Africa Hub, Gordon Institute of Business Science, University of Pretoria

Economic reform is usually judged by its numbers: inflation, deficits, growth. Less attention goes to the beliefs and habits that decide whether people will accept those numbers, and for how long.

Based on my research on comparative political economy and strategy in Africa, Asia and Latin America, there’s an argument to be made that Argentina under President Javier Milei offers an unusually clear view of that psychology at work as well as useful insights into South Africa’s economic path.

Javier…

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