A Nobel Prize–winning economist has delivered a strong endorsement of President Javier Milei’s reform agenda, describing Argentina’s current economic direction as a source of “hope” after decades of stagnation. The assessment comes from one of the world’s most respected voices in growth theory, whose work focuses on innovation, competition, and long-term development.

According to the laureate, Argentina is finally addressing the structural obstacles that historically blocked growth: excessive regulation, lack of competition, and weak incentives for entrepreneurship. Milei’s policies, centered on fiscal discipline, deregulation, and market openness, were highlighted as key steps toward restoring confidence and creating an environment where new businesses can emerge and thrive.

The economist also emphasized that macroeconomic stability is not an abstract goal but a necessary condition for innovation. By restoring order to public finances and sending clear signals to investors, Argentina is beginning to rebuild predictability—an essential ingredient for sustainable development. In this framework, reforms are not seen as short-term adjustments, but as a foundational shift in how the economy functions.

Perhaps the most significant point was the reference to Argentina’s long struggle with the “middle-income trap.” The Nobel laureate suggested that, if reforms are sustained, the country has a real opportunity to break that cycle and move toward a growth model driven by productivity rather than debt or monetary expansion.

International recognition of this caliber reinforces the idea that Argentina’s transformation is being closely watched beyond its borders. Praise from a leading global economist adds credibility to a reform process that aims to reposition the country within the global economy as a serious, competitive player.