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Nacionales (ingles)

Fiscal deficit fall thanks to soybeans and lag in pensions

The reduction of the fiscal deficit makes some people believe that the right path has been taken and others that the conditions are in place to increase public spending. The reality is that the fall in the fiscal deficit is due to transitory factors. This means that a comprehensive reorganization of the public sector is still pending. (more…)


Soybean is no longer enough to sustain central bank reserves

The high soybean price sparks optimism due to the inflow of dollars. But the distortions accumulated in the Argentine economy mean that even high export prices are no longer enough. It must be emphasized that several of the government’s mistakes were supported in Congress by the opposition.  (more…)


ANSES delivers pensions only to half of those eligible to retire

A program was announced to recognize years of service for women with children. The idea should be accompanied by the retirement age equalization and the PUAM (Universal Pension for the Elderly) reformulation. But most urgent is to modernize ANSES to end pensions delays due to bureaucratic obstacles. (more…)


Uruguay lowers the price of meat with more foreign trade

The government banned the export of meat to lower its price. There are less rudimentary and harmful ways to care for domestic consumption. A nearby example is provided by Uruguay, which managed to contain the price of meat without harming exports. To achieve this goal, it increased imports of meat. (more…)


Energy subsidies generate more poverty

Energy subsidies are causing a fierce internal struggle within the government. With such a weak fiscal situation, as the current one, using public funds to maintain utility rates low and increase welfare with overlapping programs, as announced by the government, means to increase poverty with more inflation. (more…)


Bad public policies are encouraging labor informality

The high wage taxes and the proliferation of welfare plans mean that many people earn more working informally than for a company complying with all the labor regulations. With such perverse incentives, it is not surprising that informal labor surpasses registered salaried employment. (more…)


The pandemic is not the worst that happened to the education

The opening or closing of schools because of the pandemic has justified arguments on both sides. On the other hand, where the evidence is striking is in the profound decay of the education system. Therefore, it is necessary to discuss less what to do with education in the pandemic and more on how to reverse the decline. (more…)


Wages will lose out again to inflation

The inflation increase observed in the first quarter of 2021 suggests that real wages will keep falling. Therefore, the social situation will worsen. Tackling the pandemic is urgent. But the most important issue is to roll on a comprehensive reorganization of the public sector in order to recover price stability and economic growth. (more…)


A second lockdown in unfeasible

Faced with the exponential growth of contagions and the lack of vaccines, the alternative of a second lockdown looms. But neither public finances, nor the labor market, nor the psychology of the people can withstand a new confinement. It is more humane to avoid social paralysis and appeal to people’s responsibility. (more…)


2 out of 3 new poor were generated in the Conurbano

The 2020 lockdown generated a sharp increase in poverty, highly concentrated in the Conurbano area. This is a strong caveat of the unfeasibility of a second lockdown. But, above all, it warns of the political risks underlying in the wider poverty gaps between the Conurbano and the rest of the country. (more…)