Nacionales (ingles)
The agreement with the European Union is far from being a threat. Instead of delaying its approval in Congress, the best strategy is to focus on competitiveness improvements. The risk for Argentina is to postpone needed economic reforms while neighboring countries advance in the implementation of free trade. (more…)
MOREBus strikes in the interior of the country are the consequence of the anachronistic model of collective bargaining. Labor conditions are imposed centrally with contempt about regional differences. The solution is not to re-establish national subsidies but to decentralize collective bargaining. (more…)
MORENew controversy about the dollar has risen. A high value is associated with social costs, a low value with an imminent economic crisis. The debate is as persistent as it is inconducive. The rightful discussion is how to design public policy to induce productivity increases based on better institutions. (more…)
MOREThe economic authorities project a significant drop in inflation in 2020. This will destabilize public finances because pension spending increases due to adjustments based on past inflation. Pension reform must not be postponed to solve this inconsistency.
(more…)
As has been repeated for decades, in the face of rising unemployment, legislators are proposing to prohibit dismissals by law. It is an old idea that ignores that in recent years almost all the jobs created were informal. Banning layoffs will aggravate this trend. (more…)
MOREThe decision to extend the moratoria (pension without contributions) for three more years shows that the consequences of poor decisions in the pension system continue to be underestimated. While long-term strategies are proposed (such as the commercial deal with the EU), in the social security prevails opportunism. (more…)
MOREThe call to the president of the opposition bloc in the Senate to integrate the electoral formula of the ruling party had a good impact on financial markets. It is a strong signal that if this alliance can advance with structural reforms, Argentina could emerge from its long decadence. (more…)
MOREThe claim of former president Cristina Kirchner to obtain two privileged retirements is not an exceptional case. Privileges and duplication of coverage are the rules, not the exception, in the Argentine pension system. Sustainability and equity demand a profound pension reform to bring rationality. (more…)
MORESince 2012 the labor market’s performance was worse than the economy’s. This is reflected in an almost null growth of salaried jobs in private firms. To reverse the situation, in addition to economic growth, a thorough revision of labor market regulations is needed. (more…)
MOREWith a broad consensus, Congress passed a law to promote knowledge companies. If the same incentives were applied to the rest of the economy, the positive impacts would be multiplied. For this to happen, it is essential to extend the consensus in Congress in favor of a strategy for the public sector reengineering. (more…)
MORE