What Challenges Will Goldfajn Face at the IMF?

Agustín Crivelli: “The appointment of Ilan Goldfajn, who is replacing Alejandro Werner as negotiator with Argentina, makes it clear, in case there was any doubt about it, that the IMF remains the same and has not changed in its positions. Goldfajn is an orthodox liberal economist and a fervent defender of inflation-targeting schemes, which have led Argentina down the path of recession, high levels of inflation and virtual default since January 2018 (when sovereign bonds ceased to be accepted in the international market)." [...]