Who Is Javier Milei? Elected Argentine President Who Promises Economic Shock Therapy

Javier Milei, President of Argentina elected (photo: x @JMilei)

YOGYAKARTA Right-wing leader Javier Milei won the Argentine Presidential Election (Pilpres) on Sunday, November 19, 2023. He bagged 56 percent of the vote and was ahead of his rival, Economy Minister Sergio Massa who won 44 percent of the vote. So, Who is Javier Milei?

Javier Milei is an economist and an Argentine libertarian figure. In addition, the man who was born in Buenos Aires, October 22, 1970 is also known as a writer.

Milei completed Education at the University of Belgrano. Then his master's degree was won at Instituto de Desarolo Economico y Social and Torcuato at Tella University.

Before entering politics, the 53-year-old man worked as a senior economist at HSBC Argentina, Maxima AFJP, Estudio Broda, and a government consultant at the International Center for Settlement of Investment Disputes.

'El Loco' or 'The Crazy', such as his childhood call, also often appears on the glass layer as an economist in addition to delivering demolindo mitor radio broadcasts.

One of his most affected works is a book titled El hot del Libertario (Jalan Para Libertarian).

Milei as a member of the Libertarian Party ran as a candidate for President of Argentina. He is paired with Victoriaa Villarruel.

In the first round of the 2023 presidential election, Monday, October 23, 2023, the pair Javier Milei-Victoria Villarruel managed to get 30 percent of the votes or sit in the second place. Meanwhile, Sergio Massa managed to get 36 percent of the votes and was ranked first.

Another candidate, Patricia Bullrich, won 23.8 percent of the votes. Because there were no candidates who collected 45 percent of the votes to claim victory, the presidential election was continued to the second round.

Milei, the far-right leader faced the crowd on Sunday, November 19, 2023. In the contest, Javier Milei was the winner.

Milei has succeeded in stopping left-wing groups that have dominated Argentina's politics for more than a century, with candidate Personis like Maassa winning 10 of the 13 elections they have been able to participate in since 1946.

Since Argentina's military dictatorship ended in 1983, the Peronist group has held power for more than a century.

Milei's victory rocked the political landscape and Argentina's economic roadmap, and could affect food, lithium, and hydrocarbon trade.

Milei strongly criticized China and Brazil, and said it would not deal with communists, and prefer stronger relationships with the United States.

Javier Milei Promises Economic Shock Therapy

According to Antara, Tuesday, November 21, 2023, Javier Milei promised economic shock therapy. The plan includes closing the central bank, amputating pesos, and cutting state spending, is a potentially painful reform that is greeted positively by voters who are angry with economic downturn, but triggers fears of tightening in other sectors.

Milei's challenge in sight is that he has to deal with the empty government and central bank treasury, the International Monetary Fund (IMF) debt, which reaches 44 billion US dollars, inflation is close to 150 percent, and a series of confusing capital controls.

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