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Nacionales (ingles)



ELIMINATING OVERLAPS WILL IMPROVE PUBLIC MANAGEMENT

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…)

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2 OUT OF 3 WORKERS ALREADY HAVE REDUCED WORKING HOURS

The 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…)

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CHANGES IN INCOME TAX SHOW THAT THERE IS NO “RIFT” ON BAD IDEAS

In 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…)

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LOWERING INFLATION MEANS THAT THE PENSION SYSTEM MUST BE ORDERED

The 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…)

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THE FEDERAL REGIMEN MUST BE PUT IN ORDER

Milei 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…)

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DEVALUING BADLY IS WORSE THAN NOT DEVALUING AT ALL

Devaluation 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…)

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THE PENSION SYSTEM POSES MORE CHALLENGES THAN THE LELIQ

The 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…)

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HALF OF THE PEOPLE VOTED IN FAVOR OF DISRUPTIVE CHANGES

The 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.       

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70% OF POOR CHILDREN HAVE SEVERE DEFICITS IN LITERACY AND MATH

The 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…)

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HALF OF THE DROP IN SPENDING IS IN PENSIONS LOSS OF REAL VALUE

The 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…)

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