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Uruguay’s economy minister, second best in the region for two years running

Wednesday, January 18th 2012 - 16:46 UTC
Full article 5 comments

The Economy ministers from Colombia, Uruguay and Peru have been rated as the best in Latin America according to the financial magazine America Economica, a publication from the Chilean company Nanbei which does the annual survey based on interviews with 70 Latin American economists. Read full article

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  • ChrisR

    Colombia, Uruguay, Brasil and Peru Economy ministers rated as the best in Latin America!

    WHAT! NO Argentino! The Queen of Plastic will go into a black rage over this. THIS MUST BE THE UK's FAULT!

    Quick, hide it from her unless you want heads to roll!

    Jan 18th, 2012 - 07:52 pm - Link - Report abuse 0
  • Forgetit87

    @ChrisR

    You shouldn't doubt that politics may be behind those nominations. And btw, Brazil's Finances Minister, Guido Mantega, is known to have once called Brazil to emulate Argentina's economic model.

    Jan 19th, 2012 - 11:40 am - Link - Report abuse 0
  • ChrisR

    2 Forgetit87

    No, I do not think politics is behind this, because if it were CFK would have had the result her way.

    It is a good job no-one listened to Mantega's suggestion and I bet he has a red face now that CFK is going the protectionist and invoking the fabled 'Super import licence' route. This has been so poorly thought out that it will destroy your own major car industry by throttling vital component deliveries. Even O gaga railed against Fiat having to close for two days.

    That is how things are going in Argentina whether you know it or not.

    Jan 19th, 2012 - 12:25 pm - Link - Report abuse 0
  • Forgetit87

    @ChrisR

    “No, I do not think politics is behind this, because if it were CFK would have had the result her way.”

    Um, in other words, you think the only people who may have political biases are CFK and her supporters? Political biases are common in the financial press; sympathy for neoliberal platitudes, is commonly found on the mainstream press's articles, and also in those nominations.

    Mantega's suggestion, by-the-bye, was supported by Delfim Netto, a former Finances Minister who's responsible for a period of Brazil's economic history called the Economy Miracle. Other heterodox economists from Brazil (e.g., Bresser-Pereira) have also praised Argentina's model for the growth it has produced. Also, how do the Argentines' protectionist policies refute Mantega's arguments in favour of their model? First off, are you aware of just how protectionist Brazil herself is? And secondly, the fact that Argentina's policies hurt her trade partners doesn't mean they aren't good for the country employing them. And btw, I'm not Argentine.

    Jan 19th, 2012 - 01:38 pm - Link - Report abuse 0
  • ChrisR

    4 Forgetit87

    Well, you may not be Argentinean but you also cannot read properly, see my response to you in “South America had the strongest tourist arrivals expansion in 2011, says UNWTO”

    So I take it that these heterodox economists are not like the other economists. You must know the old joke that all senior management schools say; 'put 6 economists in a room and you will get 12 answers, none of them correct'.

    Just about sums it up really. And, if you really believe 'And secondly, the fact that Argentina's policies hurt her trade partners doesn't mean they aren't good for the country employing them' then you must be an outstanding economist.

    That last claim of yours may be true in the short term but will always end in tears in the long term. Just ask yourself this question: if your supplier (Argentina) keeps ripping you off and tells you 'tough' how long do they remain your supplier?

    Jan 19th, 2012 - 03:35 pm - Link - Report abuse 0

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