The Week at a Glance

Argentina: Price Administration is the Name of the Game

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Minister Guzmán's orthodox turn in early December crashed with politics. Since Cristina Kirchner's speech in La Plata, many things have changed in the government's economic approach. Perhaps the most important is the arsenal of tools to fight inflation. Now everything seems to rest on a price management system. Utilities, health insurance, telecommunications and export bans are some of the recent examples. Our vision is that these types of policies do not work in the long run and often not even in the short term. But there is possibly a window in which the government achieves lower levels of
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