• United States Flag United States
  • Investors
  • Contact Us
  • Online Stores
Customer Login
Select a Country or Language
  • Algeria
  • Arabic
  • Australia
  • Brazil
  • Canada
  • China
  • Egypt
  • France
  • Germany
  • Iraq
  • Italy
  • Japan
  • Kuwait
  • Lebanon
  • Libya
  • Mexico
  • Morocco
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • South Sudan
  • Sudan
  • Syria
  • Tunisia
  • United Arab Emirates
  • United Kingdom
  • United States
  • Energy & Power
  • IHS Connect Oil and Gas
  • IHS CERA
  • Energy (Canada)
  • Energy (US / Intl.)
  • IHS McCloskey
  • IHS Herold
  • IHS Petrodata
  • Design & Supply Chain
  • IHS ERC
  • IHS PCNalert
  • UK Solutions
  • IHS 4DOnline
  • EHS & Sustainability
  • EHS / ECN
  • Defense, Risk & Security
  • IHS Jane's
  • IHS Fairplay
  • Commodities, Pricing & Cost
  • IHS Global Insight
  • IHS CERA
  • Country & Industry Forecasting
  • IHS Global Insight
  • IHS Automotive
  • See all logins
IHS Home PageIHS
  • Home
  • IHS Capabilities
    IHS Capabilities
    • IHS Capabilities Overview
    • Capabilities
    • Energy & Power
    • Design & Supply Chain
    • EHS & Sustainability
    • Defense, Risk & Security
    • Commodities, Pricing & Cost
    • Country & Industry Forecasting
    • Consulting & Advisory Services
    • IHS Experts
    • Global Reach
    • Recent Topics
    • Q&A
    • Energy & Power

      Energy & Power

      IHS helps energy firms make confident decisions with full coverage of fuel types and markets More

    • Global Reach

      Global Reach

      With nearly 100 offices around the globe, provides a comprehensive network for clients More

  • Industry Solutions
    Industry Solutions
    • Industry Solutions Overview
    • Aerospace & Defense
    • Agriculture
    • Automotive
    • Chemicals
    • Construction
    • Consumer & Retail
    • Electronics & Telecommunications
    • Energy Oil & Gas
    • Financial
    • Government
    • Healthcare
    • Metals & Mining
    • Military & Security
    • Power & Utilities
    • Renewable Energy
    • Shipping & Transportation
    • Aerospace & Defense

      Aerospace & Defense

      Data and analysis for Aerospace and Defense life cycle, from programme conception to retirement More

    • Metals and Mining

      Metals and Mining

      IHS Metals and Mining experts deliver market knowledge and updates in operational safety regulations More

  • Products & Services
    Products & Services
    • Products & Services Overview
    • Energy & Power
    • Energy Information, Software & Solutions
    • IHS CERA: Energy Strategy
    • IHS Herold: Energy Company & Transactions Valuations
    • Coal Information & Insight: IHS McCloskey
    • Renewable Energy: IHS Emerging Energy Research
    • Design & Supply Chain
    • Industry Standards & Regulations
    • Product Design, Sourcing & Logistics
    • Maintenance, Repair & Ops Management (MRO)
    • IHS iSuppli: Technology, Media & Telecommunications
    • IHS Screen Digest: Media Intelligence
    • EHS & Sustainability
    • Environmental, Health and Safety & Sustainability
    • Defense, Risk & Security
    • IHS Jane's: Defense & Security Intelligence & Analysis
    • Maritime Intelligence & Publications: IHS Fairplay
    • Commodities, Pricing & Cost
    • IHS Global Insight: Pricing & Purchasing
    • IHS CERA: Capital Costs
    • Country & Industry Forecasting
    • IHS Global Insight: Country & Industry Forecasting
    • Automotive Forecasting: IHS Automotive
    • IHS Global Scenarios
    • Services
    • Consulting & Advisory Services
    • IHS CERA

      IHS CERA

      Leading strategy advisors to international energy companies, governments and financial institutions More

    • Standards & Regulations

      Standards & Regulations

      IHS provides technical standards, codes & specifications plus the tools to manage critical data More

    • EHS&S Solutions

      EHS&S Solutions

      IHS helps companies meet their EHS&S goals with the most deployed enterprise software solution More

  • Current Insights
    Current Insights
    • Current Insights

      Current Insights

      IHS covers global industry & economic insight and analysis to advance client business decisions More

    • Current Insights
    • Country & Industry Forecasting
    • Energy & Power
    • Defense, Risk & Security
  • Events
    Events
    • IHS Events

      IHS Events

      Every year IHS holds events across the world featuring valuable information from recognized experts. More

    • Webinars & Webcasts

      Webinars & Webcasts

      IHS regularly presents broad-audience, open-access webinars on current industry subjects. More

    • Events Overview
    • IHS Events
    • Member Events
    • Training & User Groups
    • Webcasts
    • Industry Events
  • About
    About
    • Contact Us

      Contact Us

      IHS takes pride in putting customers first and making sure that we keep you informed and updated More

    • Pressroom

      Pressroom

      Find the IHS news releases, media experts, corporate profile and more... More

    • About IHS Overview
    • Contact Us
    • IHS at a Glance
    • Corporate Sustainability
    • Executive Team
    • Investor Relations
    • Press Room
    • Careers

IHS Global Insight: Country & Industry Forecasting

Share Share  |  
Print Page Email Page Smaller Text Larger Text
  • Home
  • Products & Services
  • IHS Global Insight: Country & Industry Forecasting
  • Industry Economic Report
IHS Global Insight: Country & Industry Forecasting
 
  • Country Intelligence
  • Industry Intelligence
  • Consulting Services
  • IHS Global Insight Accolades
  • EViews Econometric Modeling Software
 

Other Products & Services

Commodities, Pricing & Cost

  • IHS Global Insight: Pricing & Purchasing
  • IHS CERA: Capital Costs

Country & Industry Forecasting

  • IHS Global Insight: Country & Industry Forecasting
  • Automotive Forecasting: IHS Automotive
  • IHS Global Scenarios

Defense, Risk & Security

  • IHS Jane's: Defense & Security Intelligence & Analysis
  • Maritime Intelligence & Publications: IHS Fairplay

Design & Supply Chain

  • Industry Standards & Regulations
  • Product Design, Sourcing & Logistics
  • Maintenance, Repair & Ops Management (MRO)
  • IHS iSuppli: Technology, Media & Telecommunications
  • IHS Screen Digest: Media Intelligence

EHS & Sustainability

  • Environmental, Health and Safety & Sustainability

Energy & Power

  • Energy Information, Software & Solutions
  • IHS CERA: Energy Strategy
  • IHS Herold: Energy Company & Transaction Valuations
  • Coal Information & Insight: IHS McCloskey
  • Renewable Energy: IHS Emerging Energy Research

Services

  • Consulting & Advisory Services
Subscribe  |  Archives

Same-Day Analysis

Election 2009: Mid-Term Polls Likely to Shift Balance of Power in Argentina

Published: 6/26/2009

The Kirchners' grip over national politics is expected to loosen in this Sunday's (28 June) election, casting uncertainty over the near-term political trajectory of crisis-hit Argentina.

IHS Global Insight Perspective

 

Significance

Argentines will cast their ballots in this weekend's mid-term legislative election to renew 129 of the 257-member lower house seats, and 24 of 72 senators; the vote has become a main challenge to President Cristina Fernández de Kirchner and her allies, battered by low popularity ratings.

Implications

Observers have hailed the potential beginning of the end for Kirchnerism amid a predicted loss of majority in the lower house and several defeats in the provinces. Yet Kirchnerism nationwide is expected to remain the most important political force, thanks to the opposition's atomisation. With around 35% of the votes, the main battle will be waged in the capital where former president Néstor Kirchner has thrown all his weight to ensure a victory.

Outlook

The Argentine election is expected to transform the balance of power and challenge power concentration and omnipotence enjoyed by the Kirchners over the last few years. This will create uncertainty over the form and content of future policy making beyond the December investiture ceremony; most importantly the Kirchners' leadership and authority could be undermined, facilitating expression of discontent, including social unrest.

New Power Balance in the Making

The Kirchners have thrown in all they can in this legislative race amid political fatigue over their six-year long leadership, voters' ire at the impact of the economic crisis and general weariness at the executive's confrontational style. In the private sector, grievances have come to broaden from initial post-2001 crisis nationalisations, to the rural sector and the business class as a whole—on the back of interventionist and unorthodox economic policy, nationalisations, inflation-figure manipulation and more recently Venezuela's nationalisation wave affecting Argentine interests (see Argentina: 25 May 2009: Businesses Press Argentine Government to Interfere in Venezuelan Nationalisation). With President Cristina Fernández de Kirchner's popularity rapidly declining, opportunistic alliances have collapsed in the provinces, weakening the government's local standing and nationwide controlling grip. Overall the electoral panorama is setting the stage for a watershed election for the "power couple"—incumbent President Fernández and her husband, former president Néstor Kirchner (2003-07). Polls point to a loss in congressional majority in the lower house, whilst in the Senate only a slim majority would be retained. Yet the appeal of the Kirchners to large segments of the population, in particular within the province of Buenos Aires itself, a bastion of Peronism, should not be underestimated.

Symbolic Win Crucial in the Province of Buenos Aires

Desperate attempts to win in the province of Buenos Aires—the largest electoral district, home to nearly 40% of registered voters—have prompted the controversial candidacy of Néstor Kirchner himself, for a lower house seat (see Argentina: 2 June 2009: Former President's Candidacy Validated in Argentina). His bid, however, is a dangerous gambit. Whilst he is likely to win a congressional seat per se, he may not emerge as the most popular choice. Coming second to arch enemy Francisco de Narváez (right-wing branch of Peronism, allied with conservative PRO), would deal a symbolic blow to the Kirchners' slender remnant of all-powerfulness and substantiate predictions of a collapse of "Kirchnerism". Coming first in the country's largest electoral district would however strengthen the ailing movement and convey a sense of resilience. At this stage both lists are in a technical tie, giving a true dimension of suspense to the provincial election. The government has resorted to multiple dubious tactics in the province and beyond in order to maximise electoral chances. The list is replete with mayors and other prominent pro-government figures who actually have no intention of taking up a legislative seat if elected. Their candidacies are mainly a vote-drawing exercise of dubious morality. Incumbent governor of the province Daniel Scioli is one of these "testimonial" runners, the Kirchners hoping that his popularity will convince hesitant voters. Yet should the list perform averagely in comparison with De Narváez's, his own political future will be at stake, in particular prospects of a 2011 presidential run will be in question.

Bitter Defeats Ahead

Stakes are running high in the province of Buenos Aires, yet this will not offset major battles in the interior of the country. In Mendoza, vice-president Julio Cobos, now firmly set in the opposition against his own government, is expected to secure a convincing win, propelling him as one potential presidential candidate in the 2011 vote. In Santa Fé, Kirchnerism is relegated to third position with Peronist dissident senator Carlos Reutemann vying for the majority of votes against incumbent governor socialist Hermes Binner. Both are hoping to consolidate their political standing there again with an eye set on 2011. Both Reutemann and Cobos turned their back to the Kirchners in the midst of rural protests, a clear evidence of the weight the mishandled conflict has played in undermining the incumbent administration. Other important districts are a close battle for the government, including the capital Buenos Aires itself. Still some victories are bound to be scored such as in Tucuman. The panorama becomes more complex if one takes into account the multiple local legislative elections taking place as well as divergent interpretations in the vote count which is bound to underpin the government or opposition analysis of the result: some pro-government candidates are running on an independent platform, Peronism as usual is atomised in various tendencies, local and national, embracing the whole of the political spectrum and blurring political boundaries.

Outlook and Implications

Bleaker Outlook for the Kirchners

It seems that the Kirchners will overall secure a victory in terms of vote count nationwide, though some victories and defeats will be subject to interpretation given the plurality of tendencies and party labels. Overall the opposition will actually garner more support nationwide yet its atomisation in rival parties and coalitions will continue to play in favour of the government, which will convert into a probable first minority political force. The most pivotal impact of the election is likely to be the loss of government control in the lower house casting uncertainty on policy making on the short to medium term. Given the couple's traditional ruling style, it would be unsurprising to witness some form of short-term radicalisation ahead of the swearing in of the new lawmakers in December. Beyond then, the logical path for the government will be to engage in consensual policy-making tactics, something both the incumbent and her predecessor have demonstrated little skills or interest in. The five-month transition could prove eventful, and poor results would be likely to further entice new defections at the provincial and national level. The efforts to convert the vote into an election in favour or against the government—and thus in favour or against state-led economic policy—could be quite damaging in terms of authority and leadership. In particular, a poor showing by Kirchner in the capital would also augur ill for their leadership over the Peronist party (PJ) and precipitate political instability. With added economic uncertainty envisaged in the second term, Argentina's short-term political trajectory will be turbulent.
Subscribe  |  Archives

Most Viewed Articles

  1. Key US Data Releases and Events
  2. US January Employment Report Is Far Stronger Than Expected
  3. Global Economic Impact of the Japanese Earthquake, Tsunami, and Nuclear Disaster
  4. Preliminary Figures on Russian 2011 GDP Growth Surprise on the Upside
  5. Argentina Shows Mixed Response to Falklands Tensions
  6. Key US Data Releases and Events
  7. EU Member States Agree On Fiscal Treaty; UK and Czech Republic Refuse to Sign
  8. Fitch's Six Rating Downgrades Spare Triple-AAA Euro Sovereigns But Highlight Restricted Reserve Currency Benefits
  9. Bank of England Policy Decision Heads up UK Economic Week for the Commencing 6 February
  10. Deal Signed on Burgas-Alexandroupolis Pipeline; Construction to Begin in 2008

Related Content

  • Country Intelligence

IHS Capabilities

  • Energy & Power
  • Design & Supply Chain
  • EHS & Sustainability
  • Defense, Risk & Security
  • Commodities, Pricing & Cost
  • Country & Industry Forecasting

Industry Solutions

  • Aerospace & Defense
  • Agriculture
  • Automotive
  • Chemicals
  • Construction
  • Consumer & Retail
  • Electronics & Telecommunications
  • Energy Oil & Gas
  • Financial
  • Government
  • Healthcare
  • Metals & Mining
  • Military & Security
  • Shipping & Transportation

Products & Services

  • Industry Standards & Regulations
  • Product Design, Sourcing & Logistics
  • Maintenance, Repair & Ops Management (MRO)
  • Environmental, Health and Safety & Sustainability
  • Maritime Intelligence & Publications: IHS Fairplay
  • IHS Global Scenarios
  • Consulting & Advisory Services

Recent Acquisitions

  • Purvin & Gertz
  • Seismic Micro-Technology
  • CMAI
  • Dyadem International, Ltd.
  • Syntex Management Systems Inc.
  • Atrion International Inc.
  • Access Intelligence Chemical & Energy Products
  • More
  • About IHS
  • Contact Us
  • Careers
  • Investors
  • Site Map
  • A-Z Product Index
  • Privacy Policy
  • Legal Statement 2012 IHS Inc. All Rights Reserved.
Close window

To change the font size, press Ctrl and (- or +)

Help, that didn't work

To change the font size, Ctrl + (- or +)

If that didn’t work, try the following:

Microsoft Internet Explorer

  1. From the View menu, select Text Size
  2. Select an option from Smallest to Largest

Firefox or Netscape

  1. From the View menu, select Zoom or Text Size
  2. Select Increase or Decrease

Google Chrome

  1. Click the wrench icon next to the address bar.
  2. Next to Zoom, select + or -

Welcome to the new IHS Petrodata

ODS-Petrodata has a new web presence following our acquisition by IHS. Our look has changed, but the quality our information and insight remains the same. Our addition to IHS gives you access to a larger array of world-class information and analysis.

Enjoy your visit, and please don't hesitate to contact us with any questions regarding our new online presence. To log in to your ODS-Petrodata account, click on the Customer Login link found at the top of every page.

Please review the privacy policy and terms of use for our new website.

1/31/2012 11:59:00 AM