Argentina: Mercosur, in intensive care
Editorial Uruguay has officially said it would seek unilateral trade agreements with other parties. It was a low-risk bet considering how things had been going in Mercosur. It is an open secret that the Uruguayans wanted to have a free trade agreement or some variant of it with … Become a member to read […]
Argentina: Cash, Ideology and the Golden Geese
Cash, Ideology and the Golden Geese The government made three decisions in recent days that in the short term won’t change anyone’s life, much less the urban middle class, but that can have potentially negative effects in the medium term. The Paraná Waterway was nationalized for… Become a member to read the rest of […]
Argentina: Of Economic Programs, Jobs, and Exchange Rates
Of Economic Programs, Jobs, and Exchange Rates This week the Undersecretary of the Treasury of the United States asked Argentina to make an economic plan that boosts private employment. That plan would count with the support of his country and therefore would easily go through t… Become a member to read the rest of […]
Argentina: The Descent Into Insignificance and the (Long) Road to Recovery
Argentina backed down two categories in the world of financial investments. It is now a “stand alone” market, which could be interpreted in a free translation as “unclassifiable”. Or, more formally, “independent”, although we do not know of what it is independent! It is the fourt… Become a member to read the rest of […]
Argentina: Of Economic Programs, Jobs, and Exchange Rates
Of Economic Programs, Jobs, and Exchange Rates This week the Undersecretary of the Treasury of the United States asked Argentina to make an economic plan that boosts private employment. That plan would count with the support of his country and therefore would easily go through t… Become a member to read the rest of […]
Argentina: Lost in the Jungle
The government has failed to define an economic program. Beyond the multiple dialectical errors of the president and the curious diplomatic alignment that Argentina has been taking, the truth is that while the world is at full speed thinking about the post-pandemic, Argentina see… Become a member to read the rest of this article
Argentina: A Small Step
Editorial: A Small Step The Central Bank announced last week a marginal loosening of the capital controls for exporting companies. Those who have increased the exports in 2021 compared to 2020 in the industrial, oil and gas or mining sectors will be able to access the FX marke… Become a member to read the […]
Argentina: Leliqs Are Out, Bonds Are in, a Substitution with Impact
Editorial: Leliqs Are Out, Bonds Are in, a Substitution with Impact Last Thursday, the Central Bank decided to change its reserve requirements policy. From now on it gives banks the option to use sovereign bonds with a maturity above 180 days and below 450 days, instead of Leliq… Become a member to read the […]
Argentina: The Same Mistake Time After Time
Editorial: The Same Mistake Time After Time Argentina continues to stumble over the same stone. It is often said that no single instrument can be used to solve many problems. But sometimes just one policy error creates a lot of problems. The announcement of a 30-day beef export … Become a member to read […]
Argentina: The Paris Club and the Fund – Parallel Lives
Editorial: The Paris Club and the Fund: Parallel Lives Argentina is trying not to default with the Paris Club. That is good news because it implies that at the end of the day there is an interest in maintaining a certain reputation. The agreement with the Club is not easy. It… Become a member […]