Javier Milei has embarked on a mission to combat poverty in Argentina. The success of Poland, which was transformed from one of the poorest countries in Europe into the continent’s growth champion by the capitalist shock therapy of Leszek Balcerowicz (Deputy Prime Minister and Finance Minister in Poland from 1989), serves as a shining example that what Milei has set out to do in Argentina is possible and can lead Argentina to a bright future – on one condition.
But first, some historical background: There is probably no country in the world that has descended so dramatically in the last 100 years as Argentina. In the early twentieth century, the average per capita income of the population was among the highest in the world. The expression “riche comme un argentin” – rich as an Argentinean – was a commonly heard expression at the time.
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