Reasons for optimism in Argentina

13/10/2010

http://assets.fundacionfaes.org/Home+FAES/2010PC/S3_D1.jpg Pablo Arosemena Marriott: Instability and unpredictability do not help investments (Quoting businessman Carlos Slim): Investments can be lost because of bad business investments or because something in the environment changes, because the rules of the game change. That's why when investing one should look where about in the world rules are the clearest Miguel Braun: If Argentina grows by 8% per year over the next 10 years, we would double our per capita income. And if it grows at this rate over the next 20 years, we would surpass the US current per capita income We must unleash the productive and creative potential of our businessmen and workers; removing the barriers set by this Government and rethinking the tax system. Secondly, we must improve macro-economy fighting inflation and with counter-cyclical fiscal policies. In the third place, we must strengthen social inclusion, with education and health. Last but not least, we must once again give priority to the future: and for that we have to approach a strong infrastructure plan and reconstruct the financial system If we know how to take this opportunity the 'Argentinean miracle' can finally happen Gustavo Grobocopatel: We are witnessing a crucible of multiple factors, where there's a new crop demand matrix, and this sets up a new demand structure. And since the speed of demand is higher than that of the offer, prices started to increase. But the best remedy for high prices are high prices: measures like protectionism only make the conflict worse The world demands what we know how to produce, therefore we stand before a great opportunity to grow over 8% Luciano Laspina: The Government stepping into office in 2011 will mainly face significant inflation and retarded tariffs. It shall have to know how to manage times of prosperity well Carlos Walter: In order to face the challenges posed by a region and a country where, even with positive potential macro-economic conditions, there still persist dramatic inequalities in terms of poverty and indigence, a change is necessary that is able to rebuild the social contract to recover confidence, association capacity, civic conscience and ethical values