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Argentine President Mauricio Macri must cope with an energy sector in dire straits. Policy over the past decade has been inconsistent and often counterproductive. Subsidies weigh heavily on public finances. However, reforming the hydrocarbon extraction and refining industries should prove far easier politically than solving the country’s challenges in electricity p...
Dr. Noel Maurer
Latin America has vast energy reserves, but exploiting these riches is a slow process. Governments face a host of problems, ranging from deep-water drilling to crime syndicates, nationalisation, lack of infrastructure and the vagaries of world oil prices. In Brazil and Venezuela in particular, political difficulties are holding back progress, writes GIS guest expe...
Argentina’s President Cristina Kirchner is desperate to hang on to power – almost at any price. Her country has a reputation for corruption which rivals most others. And its economy is in disarray with inflation at 20 per cent and falling government revenue. Now she is driving through change which risks Argentina’s economic stability and reputation as her governme...
Dr. Joseph S. Tulchin
Argentina's Cristina Kirchner won re-election as president with a landslide victory on the back of subsidies to the poor. Taxes on rising commodity prices paid for improvements in education and subsidies to the costs of essential products, utilities and fuel. This report looks at what happens next as forecasts predict stabilising or reducing commodity prices and 20...