Gradualism
The economic authorities assess that the run against the dollar is unjustified since the primary deficit is falling. However, the savings obtained just equals the increase in interest generated by a growing public debt. This shows that gradualism adopted is inconsistent. (más…)
VER
The abrupt rise of the dollar and the high interest rate are the consequence of a excessively gradual ordering of public accounts. Fulfilling the Fiscal Consensus and adopting fairer social security rules could reduce the fiscal deficit faster, avoiding high social and productive costs. (más…)
VER
