Nacionales (ingles)
This is not the first time that an abuse of power occurs in a northern province. As it happened in the past, the indignation is channeled against the local leadership. But the causes of the institutional degradation are the incentives generated by the co-participation and the national transfers to provinces. (more…)
MOREThe Census shows that the provinces that benefit the most from co-participation have the worst infrastructure. The reason is that the money is used more for clientelism than for development. That is why co-participation must be eliminated. Each province should be self-financed. (more…)
MOREBefore or after the change of government, the “Plan Arrive” (Plan Llegar) will end with a large devaluation. It is not so important what the current government does, as what the new government decides to do. Especially, it does not postpone the ordering of the State with the excuse of having to get to the 2025 elections. (more…)
MOREThe federal government’s fiscal imbalance contrasts with the provinces’ surpluses. This is so because the provinces used inflation to reduce the real value of expenses. If a drop in inflation is simulated, the provinces return to a deficit. For this reason, it is imperative to have a comprehensive reorganization of the three levels of the State. (more…)
MOREThe growing concern for the acceleration of inflation increases adhesions to proposals aimed at recovering stability. Dollarization appears among the most attractive. However, the change of monetary regime is doomed to failure without an integral ordering of the State. (more…)
MOREA third version of the dollar-soy was implemented. This will accelerate money printing, which the Central Bank will try to absorb by increasing the issuance of Leliqs. The Central Bank already spends more on Leliq interest than the social security agency in paying pensions. (more…)
MOREThe polemical bond swap imposed by the Ministry of Economy to the social security agency (ANSES) operates as a new confiscation of pension savings. By respecting the ANSES autonomy, established in the Constitution, demagogic pension rules and new confiscations could be discouraged. (more…)
MOREParadoxically, poverty keeps increasing under a government whose historical flag is social justice. The increase in public spending, including welfare spending, causes an inflationary acceleration that condemns a rising number of people, especially children, to live in poverty. (more…)
MOREAccelerating inflation increases poverty. There is no compensatory State policy that will reduce poverty without reducing inflation. What is needed is to question the consensuses that support the bad policies that generate the State’s chronic financial and management deficits. (more…)
MOREThe deterioration of education is alarming. But more worrying yet is the consensus around the idea that the solution lies in education budget increases. The evidence shows that to reverse the education decline it is much more important to improve management than to increase the education budget. (more…)
MORE