Argentina and the need to grow: the link between micro and macro
DOI:
https://doi.org/10.24275/uam/azc/dcsh/ae/2023v38n99/CoutoKeywords:
Argentina, Fiscal deficit, Inflation, External restrictionAbstract
This work analysis the interrelationship between Argentina’s macroeconomic scenario and the microeconomics of the agricultural and energy sectors. For Argentina to grow once again, a necessary condition for its development, one requires a stable economy, but how to reach this scenario avoiding a social crisis or more income inequality is a technical (and political) challenge. Through a three-deficit model we analyze Argentina macro reality and conclude that the agricultural and energy sector can contribute dollars, the former through increased exports and the latter through reduce imports, that would help avoid fiscal and monetary austerity measures that otherwise would be inevitable.
JEL Classification: E20; E60; O11; O13.
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Copyright (c) 2023 Fernando Couto, Marcos Orteu, Evangelina Santilli
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
