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    The Argentine Success Story and its Implications

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    The Argentine economy has grown 94 percent for the years 2002-2011, using International Monetary Fund projections for the end of this year. This is the fastest growth in the Western Hemisphere for this period, and among the highest growth rates in the world. It also compares favorably to neighboring economies that are commonly seen as quite successful, such as Brazil, which has had less than half as much growth over the same period.During this period, Argentina has seen considerable progress on social indicators. Poverty has fallen by over two-thirds from its peak, from almost half of the population in 2001 to approximately one-seventh of the population in early 2010. Unemployment has fallen by over half from its peak, to 8.0 percent. And employment, by early 2010, had risen to 55.7 percent, the highest on record, as social spending nearly tripled in real terms. Income inequality has also fallen dramatically.Argentina was trapped in a severe recession from mid-1998 to the end of 2001. Attempts to stabilize the economy and maintain the currency peg to the U.S. dollar, through monetary and fiscal tightening, led by the IMF and backed by tens of billions of dollars in lending, failed to arrest the economy's downward spiral. In December of 2001, the government defaulted on its debt, and a few weeks later it abandoned the currency peg to the dollar. Recovery began after one quarter of contraction and continued until the world economic slowdown and recession of 2008-2009. Now it has rebounded, and the IMF projects growth of 8 percent for 2011.This paper looks at Argentina's success and the important implications behind this success for Europe, including the weaker eurozone economies

    Antología personal

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    Esta Antolog√≠a personal de la escritora argentina Alicia Kozameh, precedida por un Estudio preliminar de la catedr√°tica Mar√≠a A. Semilla Dur√°n, tiene un doble objetivo: el de iniciar al lector en el conocimiento de una obra literaria personal√≠sima por una parte; el de guiarlo en su lectura e interpretaci√≥n de la misma por otra. Los textos as√≠ seleccionados est√°n organizados cronol√≥gicamente, y constituyen un corte transversal de la obra total, que deja ver cada uno de los estratos que la componen. El volumen se prestigia con una reflexi√≥n in√©dita de la autora sobre la indefensi√≥n de la persona ante la escritura autobiogr√°fica. El estudio preliminar que introduce el volumen acompa√Īa el viaje del lector a trav√©s de los textos, analizando las secuencias seleccionadas y ley√©ndolas desde una perspectiva global, atenta a la evoluci√≥n de la escritura al hilo del tiempo. Para completar la mirada cr√≠tica, incluimos al final un instrumento pedag√≥gico destinado a los estudiantes que quisieran trabajar sobre las obras de Alicia Kozameh, consistente en una serie de orientaciones v√°lidas para la indagaci√≥n de su escritura

    El desempe√Īo de la econom√≠a de Ecuador desde 2007

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    Personas que observan a la econom√≠a podr√≠an ser perdonadas por haber esperado que Ecuadorsufriera terriblemente en 2009, cuando tanto las exportaciones de petr√≥leo como las remesas delexterior sufrieron un colapso. Adem√°s, sin su propia moneda, las opciones del gobierno pararesponder fueron limitadas. Pero Ecuador perdi√≥ s√≥lo un 1,3 por ciento del PIB durante trestrimestres, y la econom√≠a volvi√≥ r√°pidamente a los niveles de producci√≥n anteriores a la recesi√≥n.El √©xito de Ecuador cont√≥ con soluciones creativas para estimular el crecimiento en una econom√≠adolarizada. El sector de construcci√≥n ha liderado la recuperaci√≥n, apoyado por nuevos programasde asistencia de vivienda. La liquidez ha regresado, gracias a las tasas bajas de inter√©s, y a nuevosrequisitos para los bancos de mantener al menos el 45 por ciento de sus reservas en Ecuador.Finalmente, se ha fortalecido la red de seguridad social, con la expansi√≥n del Bono de DesarrolloHumano a trav√©s del acercamiento a las familias elegibles y un aumento en la financiaci√≥n de laeducaci√≥n. Como resultado, una recuperaci√≥n r√°pida y sostenida del PIB ha sido acompa√Īada poruna ca√≠da en la pobreza y el desempleo y un aumento dram√°tico en la matr√≠cula escolar

    The Argentine Success Story and its Implications

    No full text
    The Argentine economy has grown 94 percent for the years 2002-2011, using International Monetary Fund projections for the end of this year. This is the fastest growth in the Western Hemisphere for this period, and among the highest growth rates in the world. It also compares favorably to neighboring economies that are commonly seen as quite successful, such as Brazil, which has had less than half as much growth over the same period.Argentina, economy,growth, eurozone, greece
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