Thank you. That make sense.
How does any president make it more attractive? Even if one president arrives in office and implements reasonable rules and regulations, investors will still fear that the next president may reverse the changes. I don't see any realistic fix.
I think the global macro environment improves over the next decade and favors countries like Argentina, but that anything politically is done to capture and create sustainable growth is hard to imagine. I've been here too long, not to be cynical.
I think it requires a cross party political consensus that both acknowledges what the country has been doing is not sustainable, and that whatever changes are made, they are agreed to for a longer period of time than 4 years.
However, given the current political alignments within the country, that's not possible unless JxC and Milei together get say 60% of the votes and shutout the Peronists from wielding power. I specifically mention them not because I agree with the right wingers (much to the contrary) but because the Ks/PJ are the ones who are convinced that printing money doesn't have any consequences as we barrel towards 200% inflation and 300% interest rates on credit cards.
I don't think the country needs a shock therapy of neoliberalism or to reinvent the wheel, we can start small via something as simple as having spending be in line with tax collection, and I don't even think we have to go even as far as eliminating social plans to accomplish this like Bullrich and Milei want to.
Hell, if the Peronists don't want to take the economic problems seriously you can turn the screws on them by doing something like framing the debate as Aerolineas Argentinas vs Potenciar Trabajo; we're a developing country and only have enough money for one, so which is it? the blackhole of Air Campora that sucks up billions of USD so rich people can fly on an Argentine airline to Miami or Madrid, or a meager social plan that keeps people from starving to death? I think most people would logically agree that it's better to keep the social plan, and it has the added benefit of pining the piquietros against the Campora and exposing the later for being the lazy assholes; most people who collect social plans do some work, while the Campora are basically ñoquis who have achieved state capture of various bodies, sucking up funds from people that actually need the government's help.
But I digress, much like yourself I'm rather cynical, and even more so after reading LLA's platform/their VP's comments (I hated them before, but even more so now); these people are much more interested in "owning the libs" than solving Argentina's systemic problems, they basically want to legalize shooting piquietros, further privatize healthcare, ban abortion, and pretend LGBT don't exist at best, and disappear us at worse.