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Nacionales (ingles)

Mismanagement in the state explains Vaca Muerta´s pipelline dalays

The Néstor Kirchner Gas Pipeline is a source of controversy both for the enormous costs caused by the delays in its construction and for the political conflict it generates. But the most important thing is that it reveals the deep and structural management deficit of the State. (more…)

Soybean price at record high

The war in Ukraine opens opportunities for foreign trade. Although exports grow, reserves are lost because the increase in imports and tourism abroad is greater. The poor organization and mismanagement of the State once again lead to the failure to take advantage of an unprecedentedly favorable international context. (more…)

Public spending is growing well above inflation

The public finances in the first four months of the year show a growing fiscal imbalance. While tax collection varies at the pace of inflation, spending increases well above prices. With this bad management of public spending, inflation will inevitably continue to accelerate. (more…)

Census shows Argentina´s economic decline is greater than projected

The 2022 Census showed that there are 1 million more people than projected. Given the poor performance of the Argentine economy, this implies that the drop in productivity is greater than expected. There are many reasons for this decline, but one of them is the poor organization and bad functioning of the State. (more…)

Non-Contributory pensions account for 80% of the deficit

A new extension of the pension moratoriums and a special retirement regime for people with certain diseases are being promoted in Congress. As long as these types of rules continue to have a high political consensus, there is no point in discussing the monetary regime to control inflation and achieve stability. (more…)

3 out of 4 working – age adults suffer from labor shortages

Workers’ Day is a day of festivity. But the motives of celebration fade in a context where an ever-smaller minority has access to quality jobs. This alerts to the need in updating the archaic labor institutions as an essential step to begin overcoming the woeful labor deficits in Argentina. (more…)

IMF fiscal target is met with accounting make – up

The public accounts reported by the government state that the targets agreed with the IMF are met. But this was achieved thanks to an accounting gimmick that allows recording an unusual increase in extraordinary revenues. The maneuver seeks to conceal the explosive dynamics of energy subsidies. (more…)

Inflation is a state policy in Argentina

The acceleration of inflation is of growing concern. Focusing on the current government’s mistakes overlooks that high inflation is a long-standing problem in Argentina, linked to the chronic fiscal deficit. In order to recover stability and growth, a comprehensive reorganization of the State is essential. (more…)

To increase domestic consumption, exports must also be increased

The argument that exports compete with domestic consumption is back. The corollary is the idea that in order to protect consumption, exports must be limited. But the solution is the other way around. Exports must be increased to generate the foreign currency needed to expand production and consumption. (more…)

Argentina could export more fuel than it imports

Fuel shortages add another factor to the deterioration of people’s quality of life and the economy. As with the acceleration of inflation, the war in Ukraine added difficulties, but Argentina’s problems are the result of its irresponsibility in the formulation of public policies. (more…)