Bye-bye default, hello financing
Abril 2016
The first four months have been very positive for the Macri administration regarding the achievements on both the political and the economic fronts.
Monthly
Informes Mensuales
The exchange rate in search of an equilibrium
Marzo 2016
After two months of smooth sailing the economy enters a more turbulent period in which inflation suffers the effects of the depreciation and the increases in utility rates, the economy is in the depth of the recession and reserves and the exchange rate are still under pressure awaiting the benefits of capital inflow...
A good start, but many challenges ahead
Febrero 2016
In January the Macri administration continued to consolidate politically. Its positive image improved as it dispelled the worst concerns about the possibility of a runaway inflation or a situation of social unrest that Scioli raised in the presidential campaign.
The scorecard of Macri’s first month
Enero 2016
Macri’s first month in office has been on the whole very positive for the economy. He scored a huge victory on the unification of the foreign exchange market and the elimination of the “cepo”, as it was achieved without the complications on the inflation front that many were forecasting. It was essentially a non-ev...
Macri’s macro: what is next?
Diciembre 2015
It finally happened: Macri is now president, though the difference in the final count of the election was of only 2.8 percentage points over Scioli; much tighter than had been predicted by the opinion polls. Does this small difference hamper Macri’s ability to govern? A landslide victory would have certainly b...
Electoral surprise. What’s next?
Noviembre 2015
The first round of the Presidential elections has suddenly changed the political outlook, as Macri is now the front runner, and his party Cambiemos has a good chance of winning in the second round. All the opinion polls, for whatever value they might have, are showing that Macri is now leading by at least 6 percenta...
The outlook for the real estate sector after the elections
Octubre 2015
The elections are now around the corner and the opinion polls indicate that the situation has not changed substantially relative to the results of the primaries (the Paso). Scioli appears to be stable in the upper 30s, which means that he is very close to obtain the 40% of the votes needed to have a chance to ...
A brief history of Argentina's devaluations and their effects on inflation and growth
Septiembre 2015
Throughout history, Argentina experienced several episodes of devaluation, understood as events where the exchange rate showed a significant discrete jump.
Since the fifties, there were ten episodes of devaluation. This means that there was a devaluation, on average, every six years.
The economic views after the primary elections
Agosto 2015
The results of the primaries (PASO) suggest that Scioli has strengthened its position as the front runner for the presidential election, though the race remains open while several issues could have an impact on the October results. First, a quick look at the facts.
The politics take center stage: What’s in a Vice President?
Julio 2015
The big news was the announcement of the vice-presidential candidates in both tickets. While everybody knew that Cristina was going to appoint the one in Scioli’s ticket, and that the chosen would be someone who is ideologically close to her, everybody was surprised when it became known it was Carlos Zannini. He has...
