About the Social Observatory of the UCA (Argentine Catholic University) The government has made progress in reducing inflation and in the financial sphereBut at a cost Decreased consumption and employment. The decline in destitution and poverty rates is supported by a strong increase in state aid (AUH), which would otherwise be much higher.
As a summary of the long report “Stress and Well-Being in Argentina in Transition” – 140 slides presented on Thursday by the Observatory’s director, Agustín Salvia and other social researchers – it is worth noting that “The liberalization transition achieved rapid progress in macroeconomic stability – Low inflation, fiscal balance, and correction of relative prices – which break the rigidity of the post-convertibility model. but, This stability located on a A sharp contraction in consumption And in one Private investment continues to stagnate, Without any signs of credit reactivation or confidence shock that would boost productive projects capable of generating formal employment.