Feature

Néstor Kirchner, 1950–2010

The politician who righted Argentina’s economy

When Néstor Kirchner was elected president of Argentina in 2003, he was a little-known provincial governor assuming a job that few prominent politicians even wanted. Argentina had defaulted on $95 billion in debt—the largest default in history—just two years earlier. The country had gone through five presidents in 17 months. Its currency, the peso, was in free fall and middle-class Argentines were rioting over the government’s freeze on bank withdrawals. Yet by the time Kirchner left office in 2007, he had stabilized the country’s finances and seen his wife, Cristina Fernández de Kirchner, succeed him as president.

For most of his life, Kirchner would have struck few people as a man of sufficient charisma to hold sway over his country even in death, said The Washington Post. Born in southern Santa Cruz province to parents of Swiss and Croatian descent, Kirchner was mocked early in his career for his lazy left eye and ungainly gait, which earned him the nickname “the Penguin.” But as president, Kirchner deftly mixed his Peronist party’s populist appeals with his own leftist politics. His greatest test came after he refused the International Monetary Fund’s assistance with the debt crisis. Instead he negotiated directly with the banks that held Argentina’s bonds, forcing them to settle for 33 cents on the dollar. Argentina now has one of South America’s fastest-growing economies.

Kirchner’s decision to open investigations into Argentina’s “dirty war” of the 1970s, during which the country’s military rulers kidnapped or killed up to 30,000 of their own citizens, endeared him to many, said the London Guardian. Even “ardent opponents,” who criticized Kirchner and Fernández for their high-handed governing style, mourned his passing. “Being against Kirchner,” wrote conservative political commentator Jorge Asís after his death, “was infinitely better than being without Kirchner.”

Kirchner’s sudden death last week at 60 throws Argentina’s politics into turmoil, said The Economist. His death was not a complete surprise—he had twice been treated earlier this year for heart trouble—but it leaves his wife “bereft not just of her lifelong partner but of her chief political advisor.”

Kirchner and Fernández had a political partnership reminiscent of Juan and Eva Perón’s. Kirchner was expected to run again for president next year, succeeding his wife. With Argentina’s economy booming, many analysts predicted he would win.

Recommended

The Kennedy solution to the Ukraine crisis
President Biden.
Picture of Joel MathisJoel Mathis

The Kennedy solution to the Ukraine crisis

U.K. official Allegra Stratton resigns
U.K. government spokesperson Allegra Stratton.
'profound apologies'

U.K. official Allegra Stratton resigns

U.K. joins U.S. in Olympics diplomatic boycott
U.K. Prime Minister Boris Johnson.
Winter Olympics 2022

U.K. joins U.S. in Olympics diplomatic boycott

Britain's government is teetering over an alleged 2020 Christmas party
Boris Johnson
'it was cheese and wine'

Britain's government is teetering over an alleged 2020 Christmas party

Most Popular

Kathy Griffin slams CNN for firing her but not Jeffrey Toobin
Kathy Griffin
'I loved that gig'

Kathy Griffin slams CNN for firing her but not Jeffrey Toobin

Mace vs. Greene is the fight for the future of the GOP
Mace and Greene.
Picture of W. James Antle IIIW. James Antle III

Mace vs. Greene is the fight for the future of the GOP

What a Roe reversal would mean for Trump
The Supreme Court.
Picture of W. James Antle IIIW. James Antle III

What a Roe reversal would mean for Trump