Owners of the block | SPECIAL REPORT t

In defining Argentina's economic capabilities, some analysts typically visit, again and again, to two persistent legends. The first one claims to be the country, and remains as "the world basket"; and the second describes it – alongside a more religious faith – that is happening and who rules who is ruling it, "with good crops we all save ourselves ". This long-established myth would be in many sections of society explaining why there will be an issue of questioning in Argentina about the centrality that it is falling in another world.

The current government began to understand it by a batch of measures that are consistent with this mythology. The total abolition of part or all of the transfer of agricultural exports, the abolition of restrictions affecting the money distributed from these countries and the appointment of directors from the industrial units, was abolished. At the head of the Agribusiness Ministry, some of the actions first described by President Macri and his team to take the matter back to the area where the conflict was t forward on "populist shoots", on the one hand, and the obvious support received through the election campaign, on the other.

The new relationship between the Government and the country came home, but it happened. The official expectations of success in exports that never happened in these three years, the flight and the lack of foreign exchange followed by the will to balance the fiscal accounts urging the Government to break its first mission and, in fact, the unprecedented pressure on foreign trade. Instead, implement a plan of measures. that the area is considered, periodically, tolerant. It was therefore, from the Minister for Finance and Finance, that it had been agreed to abolish the gradual reduction of memorials to opt-in emissions and to establish new charges on the whole region.


As with other markers, there is no Argentine country but as a building which uses political debate to include a diversity of different actors and interests which are often quoted. present in a weak and uncommon way. Maybe someone could explain what range it is and who represents it best. Could it be, if it is possible, the rural tenant, the family-based company, the farming of livelihoods, the latifundio, the planting pond, the large grain operator or the multi-national sales; or all together? As mentioned, the Argentine range makes board game contests with too many actors and interests.

In addition to working rural production in particular, the interesting thing for its economic analysis is its ability to export and generate trade. We can read this as: the study of the field and its relationships with other actors in politics and the economy are better understood as the "world wide pool" of dollars needs to "save us all ".


Last year, four out of 10 dollars sold out by the agricultural sector were sold out. It is undoubtedly the most powerful region of the external economy and most influential on outcomes from trade balance and pay, over and above the largest or reduced local foreign financial provision.

Over 450 overseas sales companies registered in 2018; but not all of them have the same economic and, even less political, effect. Only a few of them belong to the "agro-Dollar club" election.

The club is amalgamated with 30 companies, some local and multi-national organizations, but all support diverse businesses that are higher than the agricultural character. These companies meet with two corporate groups: The Chamber in Argentine Oil Industry (Ciara) and the Cereal Export Center (CEC).

In parallel, a smaller part of Cia rc Ciara-CEC (a total of seven companies) encompasses a third group which, as with the other two, represents the interests of companies which comprise dedicated to agricultural and energy businesses: the Argentina de Biofuels (Carbio). Oleaginosa Moreno (along with Vicentín, Renova, the leading Argentine baker), General Aceitera Deheza and Bunge Argentina (terminal 6 managers), the multinational Cargill and Louis Dreyfus and a ' Chinese state company Cofco Internacional. The country is working with the organization Nidera and Noble around the world.

During 2018, Ciara-CEC members announced the overseas sales value of nearly 22,000 million dollars, which represented 35% of the country's total trade, which did not count sales outside biodiesel, t an additional 1,100 million dollars.


The toll club is a powerful economic actor, but needs to be added to that much of its power lives in the familiar and knowledgeable olive appliances that they keep up with key players. the political context which is, and which affects, the different governments.

Having failed in its objectives to reduce inflation, re-create economic growth and create employment, today the Executive's whole-scale efforts are to maintain value for money and run a new exchange rate. avoided as the previous one. . This is the only planned economic plan that, if effective, will give Mauricio Macri the opportunity to address the president's choice with access available.

In the few days the economic cabinet has looked quietly because he believes he has enough resources to absorb the dollar, so avoiding any burden on him. to wear. On the one hand, April will be from 9600 million dollars to allow the Treasury to use it to deal with the exchange market in homeopathic doses of 60 million a day and, on the other, is taking on the t and that the emissions club supports the emissions. of rough harvesting (oats and candles).


In addition to this similar prediction, some economic analysts ensure that they take high expectations of the cattle crop expected from the current agricultural enterprise. In all cases, the peace and optimism that now exists in some reports, media and official corridors is going to be too high. Don't try to explain why.

In November 2017, when the relationship with the field was at its highest, the Government decided to extend the time to extend 10 years for the share of the export to sell foreign currency from overseas sales. They also agreed to repeal the duty to import these funds into the country effectively. Ten years to be released without having to bring money into the country, so you don't need to be a keen economic observer to find out that the good yield of fruit is not to provide more supply. of foreign money from agriculture. Two-dollar poems anywhere in the world except where they are needed.

There is clear evidence to support the argument presented here: since the former barriers have been recalled, Club Agro-Dollar has reduced the daily settlements by sensitive means. . The monthly information published by Ciara shows that, over the past year, the companies integrating put in 19,611 million dollars, which was 8.4% lower than that of 2017 and, even,, Lower than 1,7% lower. the one recorded in 2015, when Cristina Fernández de Kirchner completed her second term. So far in Maciver's time, the highest amount set in 2016 was when the effects of depression and tax reduction were still encouraging for club members to release their money. T

In June 2018, the government went to the big agricultural exports to move back to an unprecedented move. At that time, the local agrarian Club agreed to the official request, and they sorted the same month in a period of 3225 million dollars, a previous sum which would have been aimed at expanding the level of dollars and t to unlock the exchange pressures on the CBRA. Slightly less than a year since then, the government is pretty much sure that in the short-term the club will once again send its valuable re-valuables.


On the other hand, there appears to be a couple of options in the club. The first of a financial problem is to find the minimum amount of foreign currency – so far it has been done at least 80 million dollars a day – and a promise to make exchange rate continues. rising. They even had the ability to sell a stamp in a price that was positive for them. This option feels more reasonable than in the hope that the Government was unfounded, because in the short term it is based on the following question: why they should fund the dollar, t if the same IMF has decided to limit the use of the Executive. your reserves for that reason?

The second option is to do that, but his nature is very political. Club members are acutely aware of how weak the government is. They also know that a new exchange rate will be very similar, as last year the Central Bank has a lack of skill to take the toll.

The line below is – for the club and for many other actors – that the government would go through until October and that their wishes for transportation would be immediately gone. The problem at first is to find out what would be better for them: making a brand new heroism by introducing a poem into the system t to arrest the government itself or, alternatively, to attend its own short-term games and to escape the realization of unjust things, and what happens. might have happened in this case, it is their failure to return to the political age that has gone so well: any entrepreneur would say "there is no worse climate for business". t uncertainty. "

In the face of one option or alternative, and faced with a largely complex political situation, the mighty and select club will have no choice but to choose from a hat and a panic.

* Scientific scientist Author of Treasury and Nation (Eudeba).

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