si no saben ni hablar brutosss, vayan a estudiaaar, hay que estudiar inglés negro ...otro tecito...?

Leemos junto al compañero Iorio en Emerging Markets, jejeje...

ALL CHANGE?

The government has created a situation that each day becomes more difficult to rectify. Any admission of wrong-doing, even inadvertently, would open the floodgates to lawsuits, from bondholders to NGOs.

The Fernández de Kirchner administration says it is discussing with the IMF a way to develop a new national consumer price index. Boudou has also mentioned this. But neither he, nor the president, has much credibility on this issue, given their past failure to keep promises.

Many economists believe that talk of this is simply the government’s way of buying more time and passing the buck. However, Artemio López, one of the government’s pollsters, does believe the administration will make changes to Indec working together with the IMF – but only after this year’s presidential elections.

Yet the problems are much deeper than simply inflation. As the UBA report indicated, numerous government statistics are now unreliable. Poverty, for example, is under-reported, according to López.

The human rights group Cels (Center for Legal and Social Studies) together with numerous universities denounced Indec in 2008 for failing to make public socioeconomic data it once used to do. It said that it needed this data to measure poverty, indigence, labour statistics and other social measures properly.

Gaston Chillier, Cels executive director, tells Emerging Markets that the purpose of forming the consortium was “to depoliticize the subject of Indec”.