Argentina Competitiveness Or Stability That Is The Question

The industrialists of Argentina are worried about the fall of the competitiveness of the type of real par and she is not for less. With a fixed dollar cuasi in $ and with real a 3.10 inflation superior to inter-annual 20%, the type of real par of the Argentine economy comes deteriorating to a strong rate. So it is the deterioration of the type of real par that, according to reflected an article of Sebastin Bell tower for site Ieco, the relation between the value of the Argentine peso and the dollar would return to be one by one for 2009 in real terms. Until weeks ago back, from the field many complaints had not been listened to on the matter. It is that with the high international prices of the agricultural commodities, the field could maintain its yield in spite of the retentions imposed by the national government. But with the strong fall in the international quote of the price of the agricultural commodities, next to the retentions and to the increasing value of the agricultural consumptions (to which the strong drought is added that is taken place in several regions of country), the present situation is totally different and is for that reason that already it went ahead that the field will protest to him to the secretary of Agriculture Carlos Cheppi, dollar among $ 3.50 and $ 3.80, which would imply a jump average near 20% of its present value that is at the moment in $ 3,12. The reclamation of the field is not very distant del that formulates the industrialists (although more timidly). Kitchens may find this interesting as well. Thus, two sectors of weight in the Argentine economy, are united virtually in the order of a type of more competitive change. Probably from the government it is noticed how the external accounts are deteriorated without pause and perhaps until it is clear in the necessity to do something to improve the competitiveness of the Argentine economy, but Will be prepared the government to devaluate the Argentine weight in the search to restitute part of the lost competitiveness of the exporting sector? At the time, when the crisis exploded, the type of nominal change happened one by one of the relation with the dollar to a relation of $3.5 through dollar (and until it got to be going up to around $ 4 by dollar).