Poor households suffer more than twice labour inactivity

Besides the economic crisis, poverty roots are structural. One is the high proportion of poor household members that do not work. For this reason, it is key that the federal government concentrates in generating employment instead of squandering public funds in poverty alleviation programs which are a provincial responsibility. (more…)

The State good order is still pending

Argentina’s history is marked by crises originated by a State that systematically spends more than it can afford. In order not to persevere in failure, it is essential to transcend the traditional adjustments by adopting more ambitious and innovative measures in the process of ordering the public sector.

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THE PRIORITY IS TO AGREE WITH GOVERNORS, NOT WITH THE IMF

The dollar reached a value almost equivalent to the one which would arise if all the pesos went to buy dollars. Such an extreme has been reached due to a deep loss of confidence in the fiscal policy. To regain normality, a politically viable strategy to reduce the fiscal deficit must be agreed upon. (more…)

ELECTRONIC MONEY THE BEST ANTIDOTE AGAINST CORRUPTION

Although it demands a complex logistics for its manipulation, cash is a great promoter and facilitator of corruption. Therefore, to induce a massive use of electronic money would be a central step toward decency in Argentina. Not only because corruption would be difficult but also tax evasion. (more…)

THE YOUNG SUFFER 5 TIMES MORE POVERTY THAN THE ELDERLY

The growth of pension spending is the main factor of destabilization of public finances. Trying to lower the fiscal deficit without reforming the rules of the pension system is financially unsustainable and socially unfair because it implies continuing to preserve privileged treatments and double coverage. (more…)

Quality of institutions and business ethics at african level

The “Diary” of the Kirchneristas’ driver and the repentant businessmen who collaborate with Justice to uncover corruption cases should not surprise. For years, international competitiveness indexes come warning that the country suffers an ethical and institutional degradation similar to that of the most backward countries. (more…)

97% of the school budget is spent in wages

The tragedy of the school that exploded due to a gas escape is the result of rudimentary management. The salaries leave little space for supplies and repairs that, in addition, are administered centrally. It is necessary to professionalize and empower directors as key actors in educational management. (more…)

It is possible to duplicate the taxes on wealth

In Argentine society, the aspiration to promote social justice is adamant among the majority of the population. But for this to happen, a less regressive tax structure is essential. The fiscal crisis is the opportunity to go ahead in decreasing distortionary taxes on production and strengthening the taxes on wealth. (more…)

The challenge now is to support the reduction in public expenditure

In the first half of the year it can be seen a significant fall in the fiscal deficit. No less relevant is that it occurred, not so much because of an increase in income, but because public spending grew much less than inflation. The key now is to quickly reorganize the public sector to give sustainability to this process. (more…)

The Federal State must change roles

Reality imposes a reordering of the federal public sector. As important as to tend to financial sustainability is to improve the quality of the interventions. A key step is to critically review the national programs that overlap with services in charge of the provinces and municipalities. (more…)