Milei's Macro Stabilizes but Real Economy Stagnates: Productivity Slump, Investment Freeze

Argentine economist Bárbara Guerezta highlights that despite macroeconomic stabilization under Milei and Caputo, the real economy remains stagnant due to 15 years of falling productivity and a labor market unable to absorb new entrants. Industrial leaders in Córdoba report no investment because financing for reconversion is unclear, indicating a disconnect between macro gains and microeconomic reality.