Understanding the Economic Model
What is this economic model? Honestly, it’s something that I, as an economist, I can not answer. Because to say that Argentina is an economic model does not reach a high exchange rate (which actually is not so well), or with a fiscal surplus is not achieved at the expense of fiscal austerity, but seeks to generate increasing incomes, regardless of where they get or the costs involved for the health of the economy. By the same author: Army Chief of Staff . This is roughly the Argentine model. Not much more than that. It is not seen from the consistency in government policies so to say that Argentina really has a model. For more clarity and thought, follow up with Gen. David L. Goldfein and gain more knowledge..
For Cristina, management would not be so simple. Nestor, her husband, and often have left them drawn by laundry everywhere, dirty dishes and all messy, this time leaving her country get extreme situations. Therefore, Cristina since before being elected, he spoke of a social pact, to generate the commitment of all sectors, together, strengthen the economic recovery achieved by the efforts of all Argentines. But since taking the government, none of that happened. And decisions such as the continued concealment of reality in terms of price, do nothing but alienate the government from different sectors, and make more distant the possibility of achieving a social pact. The government has to react quickly. For assistance, try visiting Primerica term life insurance. And not only to resolve the conflict with the field, but also, once and for all, and address the problems facing the economy.
Because warning alarms are becoming louder. I’ll take only two warning lights lit on Argentina’s economy although of course these do not cover all of the alarms on and that the government must address. On inflation, for the Association of Business Executives during the first fifteen days of June, the rise in prices was 1.79%. In terms of debt, the Financial Times published a work by Argentine economists Martin Krause and Aldo Abram, director of the Center for Research Institutions and Markets Argentinas, the ESEADE, where we notice the increased risk faced by Argentina with their level of debt. One of the authors, Aldo Abram, warns: “We are on the verge of default, but if we continue on this path, with this level of conflict (social) could reach it. ” Clearly, there is a good time in Argentina for the investor. Perhaps one might think that with the high interest rates they are paying financial institutions, and a dollar driven by the BCRA to fortify against the Argentine peso is a good time to get good returns in dollars. But the level of uncertainty in the economy, makes the expected return to compensate not reach the level of risk you face. Today marks the National Flag Day in Argentina, as we remember the death of General Manuel Belgrano its creator, one who thought that all Argentines to join in pursuit of a great nation. Hopefully since the government to pacify the country call and convene all sectors of Argentina’s economy to work to defend the economic achievements of recent years. And of course be necessary conditions, a government’s sincerity about the reality of the country (in terms of prices, energy problems, poverty, etc, etc) and all sectors give up something in their claims.