National Reports

30/06/2013 -
Edition 500

The Argentinean debt reduction is pointed out as an important achievement. However, compared with other countries of the region, debt reduction in Argentina has been nothing but modest. Nevertheless, what is most worrying is that debt reduction was based on institution destruction and accompanied by a rapid increase in unregistered debt. The experience of other Latin American countries shows that it is possible to cut down public debt with modernizing and rational policies that contribute to sustainable development.


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