{"id":10378,"date":"2019-10-23T14:00:56","date_gmt":"2019-10-23T19:00:56","guid":{"rendered":"https:\/\/beta.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/argentines-pessimistic-about-economy-political-system-leading-up-to-election\/"},"modified":"2024-04-14T01:18:30","modified_gmt":"2024-04-14T06:18:30","slug":"argentines-pessimistic-about-economy-political-system-leading-up-to-election","status":"publish","type":"short-read","link":"https:\/\/beta.pewresearch.org\/pewresearch-org\/short-reads\/2019\/10\/23\/argentines-pessimistic-about-economy-political-system-leading-up-to-election\/","title":{"rendered":"Argentines pessimistic about economy, political system leading up to election"},"content":{"rendered":"
\"Republicans<\/a><\/p>\n

\"\"
Campaign posters for presidential candidates in Buenos Aires ahead of Argentina’s primary elections in August 2019. The country’s general elections are set for Oct. 27. (Ricardo Ceppi\/Getty Images)<\/figcaption><\/figure><\/figure>\n\n

Argentines are headed to the polls for their general election on Oct. 27. They will cast their votes against a backdrop of wide discontent with the way things are going in the country and little faith in their elected officials and public institutions, according to a Pew Research Center survey.<\/p>\n\n

The election comes as the nation\u2019s economy tries to recover from an August financial crisis<\/a>. The peso lost over 30% of its value<\/a> and the main stock market dropped 38% immediately following incumbent President Mauricio Macri\u2019s second-place finish during the Aug. 11 primaries<\/a>.<\/p>\n\n

The August financial shock is the latest of a long series of crises that have plagued Argentina\u2019s economy. According to a 2018 report by the World Bank<\/a>, the nation has experienced 14 financial crises since 1950, not including this latest recession<\/a>.<\/p>\n\n

<\/p>\n\n

Here are five findings about the public mood in Argentina as the election approaches:<\/p>\n\n

<\/strong><\/p>\n\n

\"\"<\/figure>\n\n

There is widespread pessimism among the Argentine public about the nation\u2019s direction. About eight-in-ten (82%) express dissatisfaction with the way things are going in Argentina today. Younger Argentines (ages 18 to 29) are significantly more likely than those 50 and older (87% vs. 73%) to say they\u2019re dissatisfied with conditions in the country. Similarly, women are more likely than men to hold this view (86% vs. 78%).<\/p>\n\n

<\/strong><\/p>\n\n

\"\"<\/figure>\n\n

Roughly eight-in-ten Argentines (83%) say the country\u2019s economic situation is bad. This share is lower than in 2002, when 98% said the economic situation was bad following an economic crisis<\/a>. Currently, only 15% say the economic situation is good. (Our survey was conducted before the market shock that occurred in August.)<\/p>\n\n

Assessments of the current economic situation vary by political party. A near universal share of adults (94%) with an unfavorable view of Cambiemos, the current ruling party, say the economic situation is bad, while a smaller majority of those who view the party favorably (57%) say the same. Similarly, 94% of those with a favorable view of Kirchnerismo, the party that defeated Macri<\/a> in the August primary, say the economic situation is bad, while 76% of those with an unfavorable view share the same view.<\/p>\n\n

When it comes to the financial future of children in Argentina, the public is split \u2013 42% believe their children will be better off than their parents, while 47% say they\u2019ll be worse off.<\/p>\n\n

<\/strong><\/p>\n\n

\"\"<\/figure>\n\n

Discontentment among Argentines extends across a wide range of conditions in the country. Overall, 72% of Argentines say they are pessimistic with how the political system works when thinking about the future. Those with a favorable view of the ruling party are less likely to feel pessimistic about the way their political system works than those with an unfavorable view (58% vs. 78%), though majorities of both are still pessimistic.<\/p>\n\n

Roughly half of the Argentine public reports feeling pessimistic about the possibility of reducing the gap between the rich and poor (52%), the nation\u2019s education system (52%) and the availability of well-paying jobs (51%).<\/p>\n\n

On a positive note, a majority of Argentines express optimism about their country\u2019s culture when looking ahead (61%).<\/p>\n\n

Argentines express little trust in elected officials and public institutions.<\/strong> One-in-five (20%) agree that the state is run for the benefit of all people and that most elected officials care what people like themselves think (21%). Adults ages 18 to 29 are less likely than those 50 and older to agree that the government is run for the benefit of all people (16% vs. 26%). Those with a favorable view of Cambiemos are also more likely to agree that the state works for everyone (39%) than those with unfavorable views (13%).<\/p>\n\n

\"\"<\/figure>\n\n

Despite the dissatisfaction with aspects of the political system, Argentines are optimistic about democratic participation \u2013 55% say that voting gives people like themselves some say in how the government runs things.<\/p>\n\n

<\/strong><\/p>\n\n

\"Argentines<\/figure>\n\n

A majority of the Argentine public is dissatisfied with the state of their democracy. About six-in-ten (61%) express dissatisfied views, which fits the trend exhibited in recent years.<\/p>\n\n

Roughly six-in-ten adults with a secondary education or below (63%) express dissatisfaction, while about half (48%) of those who have attained more education say the same. Similarly, 70% of those who make less than the median income are dissatisfied with democracy\u2019s functioning, while roughly six-in-ten (57%) of those with an income above the median share the same view.<\/p>\n\n

There are differences by political views. The only group with a majority that expresses satisfaction with the way democracy functions are those who have a favorable view of the ruling party. Majorities of those with favorable views of Kirchnerismo and Peronismo express dissatisfaction with democracy\u2019s functioning (68% and 60%, respectively).<\/p>\n\n

Note: See full topline results<\/a> and methodology<\/a>.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

There is widespread, consistent pessimism among Argentines about the nation\u2019s direction. 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