Weekly

Weekly Reports

A deregulation shock

First week
of January 2022
  The difficult negotiation with the Monetary Fund around macroeconomic issues also has a chapter on structural reforms. Although it does not appear to be on the government's agenda, reforms are a central component of an extended facilities program that seeks to favor long-term growth. For now, there is little...

There Is No Miracle, the Government Has to Start Solving the Problems

Second week
of January 2022
In his opinion column, published last week, the Nobel laureate in economics and mentor of Minister Martín Guzmán, Joseph Stiglitz, spoke about the Argentine miracle for the recovery of the post-COVID economy. The recovery was certainly stronger than private economists and the government itself expected, but only a p...

The Merry-Go-Round

Second week
of November 2021
The dollar, the IMF and the Argentine exceptionality are a kind of merry-go-round, but this is no child’s game. Years go by, some actors change, but the problems are the same. The president returned from a very relevant international tour where he participated in the G20 summit, one of the most important economic ev...

The FX Spread Widens and Messes (even more) The Economy

First week
of November 2021
The official exchange rate remains tamed. On average, the dollar rose 1% in October, 1.1% in September and 1% in August. Well below inflation, that averaged more than 3% per month. It is true that in the last week of October the exchange rate accelerated a little, but too little to think that there is a trend change...