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this post was submitted on 23 May 2024
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This is the best summary I could come up with:
Following the recent election victories of pro-business candidates in Argentina and Ecuador, voters in Panama also chose a staunch free-market advocate as their next president in a poll held earlier this month.
In November last year, far-right libertarian Javier Milei won the presidency in Argentina, vowing to "exterminate" rampant inflation and "put a chainsaw to the state."
The Harvard Kennedy School graduate focused his campaign on job creation, recommending tax exemptions and incentives for new businesses and pledging to attract more foreign investment.
Winfried Weck from the German Konrad-Adenauer Foundation in Panama City says Mulino has adopted the economic strategy that was considered successful during the 2009-2014 Martinelli presidency.
Despite Argentina's nascent recovery, Christian Hauser, a Latin America expert at the University of Applied Sciences Graubünden, Switzerland, warns against excessive expectations.
For now, though, Latin America's three new pro-market presidents will have to wait until after next month's elections for the EU Parliament to see if Europeans will seize the opportunity to create more growth on both sides of the Atlantic.
The original article contains 687 words, the summary contains 166 words. Saved 76%. I'm a bot and I'm open source!