2020～2021年阿根廷经济发展分析与展望

Abstract:In December 2019，Fernandez was appointed as the new President of Argentina，but immediately suffered a double blow to the COVID-19 pandemic and the economic recession. In 2020，the Argentine economy are in recession for the third consecutive year，with a growth rate of -9.9%，which is the country’s worst economic recession in the past decade. Although the new government has achieved a $66.3 billion debt restructuring agreement，which has reduced Argentina’s debt repayment pressure to a certain extent in the short term，the overall debt burden is still quite heavy. Affected by the poor domestic business environment，the difficulty of a rapid improvement in the pandemic situation，and the weak economic recovery，foreign companies’ direct investment in Argentina has drastically reduced，and foreign trade has shrunk severely. In the face of the terrible economic situation and severe pandemic situation，the Fernandez government tried once again to reverse the economic and social situation of Argentina with a relatively stable economic policy，but it has always been difficult to curb the rising trend of inflation and debt pressure. Argentina’s economy will rebound significantly on 2021，with a good momentum of restorative growth. In the World Economic Outlook released in October 2021，the International Monetary Fund predicted that the Argentine economy will grow by 7.5% in 2021. However，considering that there are many uncertain factors that affect Argentina’s economic growth，the OECD and the International Monetary Fund all believe that Argentina’s economic recovery will take a long time.

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