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El decepcionante primer año de Macri en Argentina

NUEVA YORK – La economía argentina atraviesa por dificultades. El año pasado, el país sufrió una estanflación, con una caída del PIB del 2,3% y una inflación que se acercaba al 40%. Aumentó la pobreza y la desigualdad; aumentó el desempleo; y, la deuda externa creció –  y continúa creciendo – a un ritmo alarmante. Para el presidente Mauricio Macri fue un descorazonador primer año en el cargo, por decir lo menos.

Sin duda, Macri se enfrentó a un desafío de enormes proporciones cuando asumió el cargo en diciembre del año 2015. La economía ya estaba en un camino insostenible, debido a las políticas macroeconómicas inconsistentes que había seguido su predecesora, Cristina Fernández de Kirchner. Esas políticas llevaron a desequilibrios que erosionaron la competitividad de la economía y las reservas de divisas, empujando al país hacia una crisis de la balanza de pagos.

Pero Macri también fue tras la aplicación de un enfoque de política macroeconómica defectuoso. Su administración tenía que abordar los desequilibrios fiscales y externos, sin echar por la borda los progresos en inclusión social realizados a lo largo de la  década anterior. Su enfoque, que se basa en cuatro pilares clave, no logró lo antedicho.

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