Why Javier Milei’s inflation ‘miracle’ in Argentina is more of a mirage
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为什么哈维尔·米莱在阿根廷的通胀“奇迹”更像海市蜃楼

Why Javier Milei’s inflation ‘miracle’ in Argentina is …

Gemma Ware, Host, The Conversation Weekly Podcast, The Conversation

Economist Can Cinar talks to The Conversation Weekly podcast about how Javier Milei’s policies to cut inflation are making Argentinians feel poorer.

经济学家坎·西纳尔在《对话周刊》播客中谈到,哈维尔·米莱的减通胀政策如何让阿根廷人感觉更贫穷。

When Javier Milei took over as president of Argentina in December 2023, monthly inflation was 25.5%. The annual rate for that year was 211%. Now it has plummeted.

2023年12月哈维尔·米莱(Javier Milei)接任阿根廷总统时,月通胀率为25.5%。该年度年通胀率为211%。现在,通胀已大幅下降。

Milei, a rightwing populist famous for wielding a chainsaw on stage to make a point about fiscal conservatism, made cutting inflation a central part of his campaign.

米莱是一位右翼民粹主义者,他曾以在舞台上挥舞电锯来强调财政保守主义,并将降低通胀作为其竞选的核心部分。

The latest figures put monthly inflation in April at 2.6%, and 32% for the year. While this is still very high and behind only Venezuela, South Sudan and Iran, it’s well below the runaway hyperinflation of a few years ago.

最新数据显示,四月份的月通胀率为2.6%,年通胀率为32%。虽然这个数字仍然很高,仅次于委内瑞拉、南苏丹和伊朗,但它远低于几年前失控的恶性通货膨胀。

Although the decrease has stalled somewhat in recent months, Milei continues to boast of his ability to keep price increases down – and insists his goal is still 0% inflation. He’s won conservative admirers around the world who see his policies as a blueprint for cutting inflation.

尽管近几个月来下降势头有所停滞,米莱仍然继续吹嘘自己能够控制物价上涨的能力——并坚持认为他的目标仍然是0%的通胀。他赢得了世界各地保守派的钦佩,认为他的政策是降低通胀的蓝图。

And yet economists like Can Cinar warn that Milei’s battle against inflation is more of a mirage than a miracle.

然而,像坎·辛纳(Can Cinar)这样的经济学家警告说,米莱对抗通胀的斗争更像是一个海市蜃楼,而非奇迹。

“On paper, it looks quite good,” Cinar says on the latest episode of The Conversation Weekly podcast, “but the bigger picture is that the economy is being undermined. It’s being hollowed out.”

辛纳在《对话周报》(The Conversation Weekly)播客的最新一集中说:“从表面上看,它看起来相当不错,但更大的图景是经济正在被削弱。它正在被掏空。”

Cinar, who recently wrote a book about populism and economics in Argentina, explains how Milei’s government managed to cut inflation by deliberately suppressing people’s wages, and the stark impact these policies are having on Argentinians.

辛纳最近写了一本关于阿根廷民粹主义和经济学的书,他解释了米莱政府如何通过故意压制人们的工资来降低通胀,以及这些政策对阿根廷人造成了何种严峻影响。

Listen to the interview with Can Cinar, an honorary visiting researcher at City St George’s, University of London, on The Conversation Weekly podcast, or read an article he wrote about why Argentina’s inflation “miracle” is a warning to the world, not a blueprint.

您可以在《对话周报》播客上收听对坎·辛纳的采访,他是伦敦城市圣乔治大学的荣誉访问研究员,或者阅读他撰写的一篇文章,讨论为什么阿根廷的通胀“奇迹”是对世界的警告,而非蓝图。

This episode of The Conversation Weekly was written and produced by Mend Mariwany and the executive producer was Gemma Ware. Mixing by Eleanor Brezzi and theme music by Neeta Sarl.

本期《对话周报》由Mend Mariwany撰写和制作,执行制片人是Gemma Ware。混音由Eleanor Brezzi负责,主题音乐由Neeta Sarl负责。

Newsclips in this episode from Neura Media and NBC News.

本集的新闻片段来自Neura Media和NBC News。

Listen to The Conversation Weekly via any of the apps listed above, download it directly via our RSS feed or find out how else to listen here. A transcript of this episode is available via the Apple Podcasts or Spotify apps.

您可以通过上述任何应用程序收听《对话周报》,或通过我们的RSS源直接下载,或点击此处了解其他收听方式。本集的文字记录可在Apple Podcasts或Spotify应用程序上获取。

Can Cinar is also affiliated to SKEMA Business School in France.

坎·辛纳还隶属于法国SKEMA商学院。