“CEA Perspectives: Lessons from Dollarization in Ecuador” By Nicolás Cachanosky, courtesy of Libertad y Progreso UCEMA – The year 2020 marks the twentieth anniversary of dollarization in Ecuador. The year 2020 also marks 13 consecutive years of high inflation in Argentina. In the last 20 years, Ecuador and Argentina have followed different paths in […]
Tag: dollarization
Why do Argentines save in dollars?
By Libertad y Progreso, courtesy of Ámbito Financiero “Whoever bets on the dollar loses.” This famous phrase was said by former Minister of Economy Lorenzo Sigaut in 1981, to try to convince Argentines to stop saving in dollars. As expected, reality prevailed with an exchange rate escalation. Today the BCRA is […]
“Escape the crisis by growing” is a myth
By Natalia Motyl, courtesy of Ámbito Financiero and Libertad y Progreso Many politicians and professional colleagues declare that to get out of the crisis you have to grow. Which up to a point is obvious. That is why we have to transform the premise “you get out of the crisis by growing” […]
Hold on tight, Argentina, you’re in for a rough ride
By Mercedes Colombres, Media Director, Libertad y Progreso (original) Economist Aldo Abram, the invited speaker for an exclusive breakfast for members of Libertad y Progreso, hosted at the Feirs Park Hotel with support from the Naumann Foundation, envisioned a difficult path for the […]