Primary points to political instability in Argentina

Significance

After winning over 48.2% of the national vote in the 2019 general elections, the FdT’s vote share dropped to only 31.8%. Recriminations are rife within the government, as well as disputes over how to improve the FdT’s performance in the November midterms.

Impacts

• Despite voter doubts about both large coalitions, leftist and rightist options are gaining limited traction.
• The business environment will remain unfavourable amid instability and the risk of another COVID-19 wave.
• Radical factions within the government will lack the resources to sustain clientelistic policies in an adverse economic situation.