The IMF may be reluctant to dictate domestic policy. Yet, as Rogoff explains, the IMF does not give out (free) grants, but loans.
To digress about “populism” is nonsensical. What’s happening is the Age of Anger exploding in serial geysers that simply cannot be contained by the same, old, tired, corrupt forms of political representation allowed by that fiction, Western liberal democracy.
The news from Buenos Aires, La Paz, Bogota, and Montevideo suggests that the region’s right-wingers can put away their champagne bottles.
Today, wars are a fight for survival and the countries that conquer the higher altitude regions with livable climates and natural resources will remain after over-populated coastal areas succumb to oceanic deluges.