Conservative opposition candidate Mauricio Macri has won Argentina’s presidential election after promising business-friendly reforms to spur investment in the struggling economy.
Macri promises to set Latin America’s third biggest economy on a more free-market course after a combined 12 years of leftist populism under Fernandez and her late husband and predecessor Nestor Kirchner. The shift in power in Argentina may reverberate across South America where other left-leaning governments, such as Venezuela and Brazil, are also up against the end of a decade-long commodities boom and allegations of financial mismanagement.
Opposition candidate Macri wins Argentina’s presidential election
![Conservative opposition candidate Mauricio Macri has won Argentina's presidential election after promising business-friendly reforms to spur investment in the struggling economy. Macri promises to set Latin America's third biggest economy on a more free-market course after a combined 12 years of leftist populism under Fernandez and her late husband and predecessor Nestor Kirchner. The shift in power in Argentina may reverberate across South America where other left-leaning governments, such as Venezuela and Brazil, are also up against the end of a decade-long commodities boom and allegations of financial mismanagement.](https://youngmindsonline.org/wp-content/uploads/2015/11/Opposition-candidate-Macri-wins-Argentinas-presidential-election.jpg)