Economical, Financial and Political situation in Argentina
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A century of decline

A century of decline | Economical, Financial and Political situation in Argentina | Scoop.it
Yesterday’s news WHEN the residents of Buenos Aires want to change the pesos they do not trust into the dollars they do, they go to a cueva, or “cave”, an...
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A good resume of the reasons of the decline of the country's situation

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Swallowed pride

Swallowed pride | Economical, Financial and Political situation in Argentina | Scoop.it
Your Petroleum, Ms Fernández HAVING been an exporter of hydrocarbons not long ago, Argentina now imports natural gas from Bolivia and oil from Venezuela—even...
Diane de Charbonniere's insight:

Argentina is facing a growing energy deficit. The expropriation of YPF-Repsol was one of the sensitive topic in the energy industry this year. This article is interesting as it shows the investment climate in the energy sector, which reflects well the overall situation of investment in Argentina. 

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Argentina faces a currency crisis as reserves dwindle | Reuters

Argentina faces a currency crisis as reserves dwindle | Reuters | Economical, Financial and Political situation in Argentina | Scoop.it
BUENOS AIRES (Reuters) - Argentina is inching closer to a currency crisis that could unleash economic havoc unless the government takes the tough decisions needed to increase confidence in Latin America's...
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International Reserves are down around 20% this year in Argentina. This article speculates on potential actions the governement could take in response to this trend.

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Argentina's Uncertain Economic Climate Takes a Toll on Investments - Knowledge@Wharton

Argentina's Uncertain Economic Climate Takes a Toll on Investments - Knowledge@Wharton | Economical, Financial and Political situation in Argentina | Scoop.it
It seems like ancient history now, but between 2005 and 2011, Argentina’s economy grew at annual rate of 8%, creating new jobs and bringing in new capital.
Diane de Charbonniere's insight:

This article published on Wharton's website is very interesting as it provides many of the reasons why foreign investments decline in Argentina compare to its neighbours. The main reasons that are explained are high inflation, foreign exchange rate, and restrictions on imports imposed by the government to protect domestic industries. This caused the withdrawals of many Brazilian companies and a couple of luxury retailers. 

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Foreign Investment and Sustainable Development in Argentina by the Working Group on Development and Environment in the Americas

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This discussion paper was published in 2008 by Daniel Chudnovsky and Andres Lopez, members of the Working Group on Development and Environment in the Americas. This group is composed of researchers from several countries in the Americas who have carried out empirical studies of the social and environmental impacts of economic liberalization. This paper brings an interesting study on the foreign investments in Argentina and the presence of TNCs in the economy, that played key roles in the country's economy.

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Argentinian Peso Drops

Argentinian Peso Drops | Economical, Financial and Political situation in Argentina | Scoop.it
Argentina's peso suffered its biggest single-day plunge in 12 years on Thursday as the central bank briefly stepped back from its efforts to protect the currency, raising fears of a crisis in South America's second-biggest economy.
Diane de Charbonniere's insight:

Some update about the argentinian peso  that dropped last night with a fall of 15%...! A sign of a new financial crisis? Looks like the currencies of emerging countries are suffering. 

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Argentina's foreign-currency reserves are set to end year at about $30 billion—Minister

Argentina's foreign-currency reserves are set to end year at about $30 billion—Minister | Economical, Financial and Political situation in Argentina | Scoop.it
Argentina´s foreign-currency reserves will likely finish the year just above $30 billion after the federal government pays about $900 million in debt this week, a government official said.
Diane de Charbonniere's insight:

Relevant article giving an assessement of the foreign reserves' situation under the Kirchner administration at the end of 2013. It reveals a low foreign currency reserve mainly due to Argentina's debt payments. High inflation will still be one of the major debate in 2014.

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Monetary Policy and Financial Stability -Latest news from the Central Bank of Argentina

Monetary Policy and Financial Stability -Latest news from the Central Bank of Argentina | Economical, Financial and Political situation in Argentina | Scoop.it
Diane de Charbonniere's insight:

The Central Bank of Argentina's website provides the latest informations about the country's monetary policy and financial stability. On this website, we can find the historical datas on inflation, exchange rates and other reports about the country's evolution.

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Argentine economy closing 2013 in trouble

Argentine economy closing 2013 in trouble | Economical, Financial and Political situation in Argentina | Scoop.it
Analysts believe Argentina's President Cristina Fernandez needs to take politically painful steps to contain inflation by dialing back government spending.
Diane de Charbonniere's insight:

This articles provides a good summary of the deteriorating Argentine economy at the end of 2013, and the key problems Argentina's President Cristina Fernandez and the government have to face. As analysts underline in this article, the use of Central Bank reserves to import oil and natural gas is seen as an energy deficit for the country. But one of the major issue that concerns economists is still high inflation. 

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Argentina's central banker says he aims to slow monetary growth

Argentina's central banker says he  aims to slow monetary growth | Economical, Financial and Political situation in Argentina | Scoop.it
Argentina's central bank hopes to slow growth of the country's money supply next year, as it grapples with double-digit inflation that many economists attribute to loose monetary policy and a weakening currency.
Diane de Charbonniere's insight:

This article gives an interesting overview of the actual monetary situation in Argentina (high inflation rate, gap between the black market rate and the regulated exchange rate, ) and the main goals of its Central Bank directed by Juan Carlos Fabrega. 

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