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As Argentina’s maverick libertarian President Javier Milei marks one year in office, his efforts to revive the economy are still a work in progress – but his policies are proving influential in the US.
Milei came to power with a mission to cut state spending in a country that had been living beyond its means for years.
Despite his tough austerity measures and a continued rise in poverty rates, he is still supported by just over half the population, according to a survey carried out earlier this month by the CB Consultora organisation.
That level of popularity is similar to that of Donald Trump right now. Roughly half of US voters backed the president-elect in last month’s presidential contest – and Trump has hailed Milei as a man who can “make Argentina great again”.
Meanwhile, tech billionaire Elon Musk, who looks set to play a key role in the incoming US administration, has also praised Milei, saying Argentina is “experiencing a giant improvement” under his leadership.
But what is it that Trump and Musk see in Milei? And are they as close ideologically as is often assumed?
