BUENOS AIRES—When President Mauricio Macri took office in 2015, he quickly eliminated his leftist predecessor’s interventionist policies that economists had blamed for stifling business in Latin America’s third-biggest economy.
Now Mr. Macri has reversed course, implementing policies similar to those he once railed against as he confronts financial-market turmoil sparked by a crisis of confidence in the final months of his embattled administration.
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