Nacionales (ingles)
Faced with a deficiency in a public agency, the prevailing reaction is to create another one to perform similar functions. Human development investment is the case, with enormous inefficiencies. The Nation must stop overlapping expenses with the provinces and their municipalities to concentrate on measuring results. (more…)
MOREThe possibility of reducing the legal working day to generate more employment is being discussed. Evidence shows that people already work less. Not because they do not need to work more, but because of the scarcity of jobs. It is necessary to reorganize the State and labor institutions to grow creating good jobs. (more…)
MOREIn modern countries, income tax is a central source of State revenue. In Argentina –with the support of the right, the left, and the center– the Congress is preparing to practically eliminate it. One more proof that the problem in Argentina is not the “rift” but the lack of professionalism and demagogy. (more…)
MOREThe 2024 Budget presents implausible numbers. Even so, its calculations show that, when inflation goes down, pension expenditure goes up, making it difficult to achieve fiscal balance. This dilemma will not be solved by manipulating mobility again, but by putting the pension system in order. (more…)
MOREMilei proposed to review the co-participation regime. Several governors rejected the idea, including the threat of resignation if the proposal becomes a reality. The evidence shows that, in order to get out of Argentina’s decadence, the ordering of the federal regime must not be postponed. (more…)
MOREDevaluation is a painful remedy with no guarantee of success. Accompanying it with improvised and opportunistic measures led to a jump in inflation and the loss of government authority. The objective of improving the real exchange rate was not achieved and the risks of further inflationary acceleration increased. (more…)
MOREThe enormous accumulation of liabilities in the Central Bank is a major constraint to lower inflation. But even more restrictive is the fact that, if inflation is lowered, pension expenditure automatically will rise. This cannot be solved by manipulating pension indexing but through a comprehensive reorganization of the system. (more…)
MOREThe PASO (primary election) results show that people want deep and innovative transformations. It is an unprecedented political context that constitutes an opportunity to get out of decadence. The risk is that, due to ignorance of how the federal regime operates, “more of the same” may end up prevailing.
MOREThe educational decline deepens. The presidential candidates signed the Commitment to Literacy. To avoid repeating old failures, the commitment should be that the Nation concentrates on improving the economy and jobs, and the provinces concentrate on improving educational management. (more…)
MOREThe government appeals to the inflationary adjustment of public spending, led by the loss of the real value of pensions. The main risk is that the next government will be tempted to maintain this same kind of adjustment to reduce the fiscal deficit. What must be done is a comprehensive reorganization of the State. (more…)
MORE