Monthly

Politics got rough in February for the government, and Macri’s positive image dropped roughly 10 percentage points. This outcome was the result of several “unforced errors” that included an ill-conceived agreement with Macri’s family regarding the nationalization of the Post-Office, the unfortunate announcement of a...

December was a difficult month for the Macri administration on the political front due to a number of setbacks that it suffered in Congress. At this stage, the overall climate has improved as the summer recess is giving the government some breathing room to regroup and to eventually regain the upper hand that it enj...

In recent years it is clear that the economy has become more isolated from the world, as there was a clear trend in which the volume of exports and imports continuously fell. Brazil, our main trading partner through Mercosur also underperformed relative to the evolution of world and regional external trade. The rece...

Banking penetration in Argentina is low.  As of today, deposits account for nearly 20% of GDP and the depth of banking intermediation has been erratic over time in response to macroeconomic cycles.  The most important increase in banking penetration took place in the 90's when the ratio of deposits to GDP ...