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In Argentina, there is a clear consensus between neoliberals and neodevelopmentalists regarding the increase of exports as the first step towards development, consolidating the political and economic power held by the exporting business elite and, at the same time, creating an unsustainable development path in socio-environmental terms. A labyrinth with no way out. This paper has set out to retrace this labyrinth, building bridges between different currents of economic heterodoxy that enable the construction of an exit. The powerful consolidation of neodevelopmentalism at the academic and political level in Argentina shows the relevance of this discussion, which transcends national boundaries to become a global development problem due to the elements at stake. [ABSTRACT FROM AUTHOR]

This paper aims to analyze financialized peripheral neoliberalism (FPN) as a specific form of neoliberalism. After presenting four different forms FPN can take and criteria to delimit them, its general characteristics are examined. The paper highlights a common policy matrix, a similar model of production structures focused on financial accumulation, and a common formulation of international valorization processes. Comparing two countries that exemplify FPN (Argentina and Portugal), the above general characterization is corroborated. However, specificities in monetary regulation, international insertion and population regulation mechanisms are also observed, which give the model specific nuances important for analyzing crises and proposing alternatives for differently structured development policies. [ABSTRACT FROM AUTHOR]

In the aftermath of the financial crisis that broke out in 2008, new terms to talk about sustainable development started to emerge: the "green" economy and "green" growth. Some countries supported their usage and others did not. The literature witnessed the recrudescence of the debate on the relationship between economic activity and taking care of the environment, divided into three stances: degrowth advocates, "green" growth backers, and the growth-agnostics. This paper dives into the different "green" terms, paying special attention to the case of Argentina. Unlike in previous papers, which have analyzed country interventions in international forums, the methodology here was to search the web pages of the most relevant local players. The most traditional terms ("sustainable development") were strongly predominant, and the concepts of "green" economy or "green" growth were few and far between. [ABSTRACT FROM AUTHOR]

The persistence of high poverty levels in Latin America, after a decade of retraction, brings the issue back to the center of the regional social agenda. This paper examines various factors that reproduce poverty, based on the Argentinian case. Using a quantitative design and multivariate techniques, this study explores the effects of structural heterogeneity of occupational systems in household economic reproduction under different political-economic phases. The results demonstrate the persistence of marked inequalities in occupational structure -even after a period of high growth- and the rigidity of the labor income distribution pattern. The heterogeneity of the occupational structure determines the reproductive capacities of households and causes selective processes of impoverishment. [ABSTRACT FROM AUTHOR]

This paper analyzes the accumulation model and hegemonic disputes that took place under the first administration of Cristina Fernández de Kirchner. First, this article examines some core structural elements that shaped transformations and tension at the model level: industrial performance, the energy crisis, changes in the world of finance, and the status of subordinated classes. Subsequently, this paper looks at three key moments in the political dynamics of the economic policy: tax withholdings and the agrarian conflict, the launch of the national plan to confront the global crisis, and the progressivist radicalization of public policy. The questions guiding this work are as follows: what are the characteristics of the accumulation model? How are the hegemonic disputes tied to the performance of the model in Argentina between 2008 and 2011?. [ABSTRACT FROM AUTHOR]

With the enactment of a new regime regarding the promotion of electrical energy from renewable sources in 2015, Argentina took up the transition towards a more sustainable and diversified energy matrix. Since then, national energy policy has driven the creation of a competitive domestic market for Energy from Renewable Sources (ERS). Meanwhile, industrial policy has focused on promoting the transfer of technology and local industry. This paper analyzes the orientation of these policies, the coherence of their objectives, and the immediate results. Energy policy and industrial policies designed for ERS develop at different speeds and with little coordination, making it necessary for national industry to participate in its value chains. [ABSTRACT FROM AUTHOR]

"Mining is the main engine of development", is one of the most commonly used arguments in support of the activity. This paper is the product of comprehensive interpretive research, which aims to test this hypothesis, using extractive mining in San Juan, a province in the center-west of Argentina, as a case study. One of the key findings of this study is that high foreign investment in mining is not synonymous with development. To the contrary, mining creates growth which is concentrated, exclusive and unsustainable, and which undermines external commercial apparatus, displaces traditional modes of production and triggers a process of socio-environmental conflicts, causing irreversible ecological damage. [ABSTRACT FROM AUTHOR]

The objective of this paper is to examine the relationship between fiscal and monetary policy coordination and fiscal multipliers in Argentina, Brazil, Chile, and Mexico. To do so, we first look at the theoretical framework of the New Consensus Macroeconomics (NCM), and then analyze the trends in the four countries for variables including consumption, investment, government spending, and interest rates. Finally, we present an estimate of the spending and monetary multipliers with proxy variables. The contribution of this paper consists of one, showing the inexistence of the crowding out effect, and two, quantifying the multipliers for the aforementioned countries. [ABSTRACT FROM AUTHOR]

In recent decades, renewable energies have become increasingly important at the global level, with a significant impact on the sustainable development of various nations. Although multiple papers have examined the efficiency of policies and instruments to promote renewable energy sources, the majority have disregarded the fact that the context in which policies are implemented determines how well they perform. This paper analyzes renewable energy development in the electricity market in Argentina, paying special mind to the contextual conditions in which the policies were designed and finding that in recent history, it is precisely these conditions that constitute the main reason why renewable energies have such a low degree of penetration in the electrical power system in Argentina. [ABSTRACT FROM AUTHOR]

Energy policy, like any other public policy, requires the powers of the government to devise precise and coordinated provisions to efficiently manage a strategic sector. Every country adopts its own energy policy based on factors like resource endowment, macroeconomic policy, the regulatory framework, and its own vision of the relationship between the state and market in a given field, to name a few factors. This paper analyzes energy policy in twenty-first century Argentina, considering its most notable peculiarities, how it has changed and remained the same, and the principal challenges looming ahead. [ABSTRACT FROM AUTHOR]

Against the backdrop of global economic growth, the widening of technology gaps, and the adverse evolution of prices for industrialization, Argentina is one of the countries in Latin America that has seen the (partial and temporary) return of public policy to the economic policy agenda. This paper poses the hypothesis that in spite of the revival of industrial policy actions and instruments to promote technological capabilities and foster a framework of incentives favorable to industrialization, a new industrial policy has failed to emerge in light of weak coordination and the absence of a senior body in the hierarchy to implement it. [ABSTRACT FROM AUTHOR]

In order to elucidate the role of financial capital in the dynamics of the Argentine economy between 2002 and 2012, this paper analyzes several aspects of the relationship between financial capital and the State. "Debt reduction" partially dismantled public debt as the backbone of speculative activity, although it maintained its profitability and priority position in economic policy decision-making. On the other hand, financial regulation contributed to keeping the mechanism of debt and did not significantly alter the central role played by financial capital. [ABSTRACT FROM AUTHOR]

One of the most decisive ways in which the global economy and power relations were transformed at dawn of the twenty-first century was the rise of China as a major power, as well as the consequent influence the country has been able to exercise over peripheral nations. Although the majority of administrations in Latin America have rejected the policies once hailed by the Washington Consensus, it is striking that they have largely accepted a new system of asymmetrical relations with another major world power, which is fostering the reprimarization of the productive structure in Latin American economies. Thus, beginning with the case of Argentina, this paper explores the path to what is now known as the Beijing Consensus, with an emphasis on a characterization based on the analysis provided below. [ABSTRACT FROM AUTHOR]

Recent tensions in the current accounts of Argentina have reopened the debate regarding external constraints on growth (ECG). In 2003-2013, export growth was slightly lower than it was during the convertibility era, but a major decline in the income elasticity of import demand mitigated the ECG. However, the effective growth rate was higher than that imposed by the ECG, according to Thirlwall's law, which led to the deterioration of the trade balance and growth. This was due to the trade deficit in manufactured goods of industrial origin (MIO), in light of technology dependence in capital goods and inputs. This paper analyzes the evolution of ECGS in Argentina at both the global and sector level, aiming to determine which MIO sectors had the greatest impact. [ABSTRACT FROM AUTHOR]

This paper aims to contribute to the current debate on (regional) development. It suggests that regionalist analyses and policies have turned a blind eye to certain dynamics that influence the performance of regional spaces. Based on a case study of Argentina (2001-2014) in a region that produces agricultural machinery (AM), we propose to make progress in opening up a more introspective view of the regionalist approach, considering: a) the role of the region-building process in the broader national and macro-political project, b) a description of certain extra-local factors that stimulated technological change and improved the regional demand for AM and c) a description of actions taken by the national State to promote the regional economic regeneration of AM. [ABSTRACT FROM AUTHOR]

This paper analyzes the principal characteristics of capital flight in Argentina since the collapse of the convertibility regime and the macroeconomic consequences of this capital flight. Using data on the formation of foreign assets, this article researched the factors that played a role in the most significant episodes of capital flight, which in 2011 obliged the government to enforce strong currency exchange controls to curb the depletion of Central Bank reserves. [ABSTRACT FROM AUTHOR]

Argentine industry experienced a process of rapid expansion following the collapse of the Convertibility Regime in the early days of 2002. This was only altered by the domestic effects of the international crisis, which rose at the end of 2008. This phase was accompanied by a rise in economic concentration and, in this context, in an increase in the predominance of foreign capital in the business leadership. This paper analyzes these processes and seeks to identify the main explanatory factors, as well as the most significant implications for socio-economic behavior in Argentina. To this end, the aim is to provide pointers that reflect on whether the highly concentrated and foreignized industry that actually exists can be the nucleus for an "accumulation model with social inclusion" as the predominant view maintains. [ABSTRACT FROM AUTHOR]

This paper offers a theoretical discussion of the concept of income in classic economic literature and an estimate of hydrocarbon income in Argentina in the period following the deregulation of the oil sector and the sale of the State company YP S.E. The following are among the main considerations: the increase in joint income after change in national exchange rate policy in 2002 and the rise in energy prices, producer participation in income acquisition for the period 1993-2003, the rise in the income acquired by the National State and consumers by retaining oil exports and the lack of sustainable energy objectives through secondary income distribution on the part of the State. [ABSTRACT FROM AUTHOR]

The paper examines the relationship between the performance of Latin American stock markets with their real economies, applying seven econometric models for the cases of Argentina, Brazil, Chile and Mexico. The relationship between stock market yields in these countries and their respective GDPS is examined and compared, applying to the series for each country unit root tests, cointegration analysis, error correction model analysis, Granger causality modeling, self-regression vector analysis, stimulus and response functions, and variance decomposition analysis. The series comprise the following stock markets: Argentina's MERVAL, Brazil's BOVESPA, Chile's IGPA, and Mexico's IPC, as compiled by Economática. The GDP series were obtained from the Cepalstat data base. The series are monthly and are for the period 1993-2005. [ABSTRACT FROM AUTHOR]

From 2003 to 2007, the Argentine economy experienced one of its most intensive and extensive phases of growth in recent decades. In this new scenario, small and medium-sized companies (SMEs) registered notable economic performance and recovered the dynamism they had lost in the previous decade. Nevertheless, the Argentine SMEs' limited access to credit markets is a widely recognized phenomenon, which limits the possibilities for the growth and expansion of these companies. This paper analyzes the bank credit effectively extended to the SMEs during the period 2002-2009 in Argentina. It concludes that there is a need for intervention and regulation by the Argentine state in the banking market, as well as a redefinition of credit policies for public entities and other policies focused on improving the financing of these companies. [ABSTRACT FROM AUTHOR]

Analyzing the articulation between the process of successful capital valorization and the tendency towards a devalorization of merchandise is applied to one of the manifestations of the Argentine crisis: the peso's devaluation. The paper studies the relationship between the determination of the exchange rate and capital valorization. It discusses the concrete trends of the Argentine economy in the 1990s, showing how the devaluation of 2001-2002 was the necessary product of the process of successful valorization itself during the previous period (1991-1998) and its crisis. [ABSTRACT FROM AUTHOR]

This paper studies the impact of the economic reform process on Argentina's economic growth, especially in a period related to the national development model. The long-term effects are reviewed using co-integration analysis, while the short-term effects are studied by employing an error-correction model, which is also used to explore the impact of technological improvement on growth. The econometric analysis presented involves the strictest empirical and methodological rigor, thus ensuring the robustness of the study carried out. The main findings will indicate a negative effect from the evolution of Argentina's economic reforms to potential growth. [ABSTRACT FROM AUTHOR]

Starting from the profound transformations in the Argentine economy in recent years, this paper analyzes the evolution of trade specialization patterns, due to their effects on the long-term sustainability of economic growth and income distribution. This shows that, although a strong expansion in exports has been seen recently, the pattern of trade specialization continues to reflect a concentrated profile of primary goods and manufactures with low-level technology and job content. In other words, there has still been no structural transformation in the competitiveness of sectors unassociated with natural resources, compared with those that make abundant use of them. However, this phenomenon is taking place in a context where important modifications are occurring in the distribution of trade balances with different partners, where China is starting to acquire an important role. At the same time, the study points to the relationship between these modifications and the evolution of the pattern of specialization. [ABSTRACT FROM AUTHOR]