« Mexico’s amendable constitution | Main | Why not just let the Argentine peso fall? »

May 09, 2018

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

In this specific case -- is that bad? The mini-crisis you have now is not one created by excessive power in the executive nor a crisis created by overriding institutions and the rule of law (like what was frequently the case). Rather this is a case drive by a mix of bad monetary policy, lax fiscal policy and the global environment. Which then requires tightening these policies (nothing you can do about the global environment). So is the strong executive power (I'm assuming Macri is willing to tighten policies) a good or bad in this case?

(Naturally in the long term it's very like still bad)

In the specific case, I am not sure that the Macri administration needs or intends to exercise any powers not enjoyed by the other American presidents. Unless he is planning another corralón, the President and the head of the central bank have all the necessary powers.

I think; am I overlooking something?

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

Categories