StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Policy brief on Poverty and Development in Argentina - Assignment Example

Cite this document
Summary
This paper talks about Argentina which despite being a relatively rich nation still remains a country having a relatively high rate of poverty.There are various strategies that the Argentina government can adopt in order to reduce poverty levels in the country. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Policy brief on Poverty and Development in Argentina
Read Text Preview

Extract of sample "Policy brief on Poverty and Development in Argentina"

Policy brief on Poverty and Development in Argentina College Introduction Argentina, despite being a relatively rich nation still remains a country having a relatively high rate of poverty. It will therefore be prudent for the President and all the relevant stakeholders to understand that since the year 1991, Argentina as a nation has undergone a period of adjustment which has resulted to a significant drop in the inflation rate, the opening of the country’s economy to external or foreign commerce and the privatization of the country’s state owned industries1. As a result, these adjustments have had a great impact on the poor people in the country especially because of their significant impacts on the labor demand. There are various strategies that the Argentina government can adopt in order to reduce poverty levels in the country. The growth process of Argentina has further been slowed down due to the recurrence of the financial economic crisis that happened in the year 1995 and 1998. Despite the fact that initial methods made to enhance the economy through numerous progresses on the economic front led real gains in terms of both enhancing welfare and reducing poverty in Argentina, the government should note that since the year 1995, there has been a slight growth in poverty levels which has led to the deterioration of income distribution2. Mister President, to ensure that poverty issues in Argentina are well addressed, strong measures have to be adopted by the relevant people in the country. For example, anti-poverty efforts need to focus on broad areas. Policies and reforms in Argentina ought to result in a pattern of growth which will generally be more rapid and feature a higher rate of employment in the country per unit of output. The Argentinean government should also ensure that access of the poor country in the nation is enhanced since this will ensure that the poor population’s welfare in the country is raised and their productivity and human capital is improved. In addition to that, this will greatly reduce the poverty levels of the country’s population because the ability of the poor population to compete in an economy which has become increasingly globalized will be improved3. In order to fix the poverty issues in the country, the government should reduce the vulnerability of its poor population to losses and shocks in income. This can be well achieved through enhancements or improvements in the safety nets which are aimed at both protecting the poor people during periods of economic downturns and also ensuring that the poor population is kept from entering into short-term adjustments which will have a negative effect on their long term potential of reducing or minimizing their poverty levels. In addition to that, the Honorable President should also ensure that his government comes up with macroeconomic policies which will ensure that there is stable and rapid growth in the country without the need for inflation. Indeed, the generation of labor intensive growth in the country will be so beneficial because they will become an important first stage towards ensuring that there is a significant decline in poverty rates or levels in the country4. For example, the government of Argentina should aim at achieving a “sustained growth per capita income of approximately 1.8 per since this could ultimately minimize poverty in the country by 35% in a period of ten years so all as all these benefits are channeled or directed towards all parts of the country’s economy. This could easily be achieved if your government ensured that the country’s labor markets efficiently operated5. Given the fact that Argentina’s labor market is known to be one of the most regulated and rigid in the developing world, this makes it very easy for prevention of the wage adjustments to occur. As a result, there is great need for your government to initiate some of the relevant short-term reforms which could ensure the facilitation of a more orderly operation in the market place. This can easily be achieved through numerous mechanisms like for example through the elimination of sectoral collective or centralized bargaining agreements that will be extended automatically to all the employees in a given sector regardless of whether they have been signed or expired6. Other significant reforms that can be implemented by the Argentinean government to ensure that poverty issues in the nation are fixed include reducing the high labor costs through reduction of severance payments and labor taxes and also moving towards an unemployment insurance system that is fully funded and which is based upon individual accounts. In addition to that, the Argentinean government should ensure that there is the prevalence of temporary employment in the country which is not subject to payroll taxes like it was initially done under the former “promovidas” and “modalidades” and also ensure that there is extending programs like the PYMES which allow exceptions for people in the small scale enterprises7. Fixation of poverty issues, Mister President should also be based on long term strategies. As a result, there is great need for your government to realize that the major problem facing the country lies in the fact that a huge chunk of its labor force, especially that in the informal sector actually lacks any form of unemployment or pension insurance coverage. As a result, the government should ensure that major reforms are conducted in the labor laws to ensure the reduction of high levels of protectiveness that are currently being experienced in the country. This should then be followed through an extension of minimum coverage to the small enterprises in the country8. Despite the fact that the government has been providing access to various services for its people, this needs to be increased so that poverty levels in the nation are significantly reduced or minimized. As a result, major efforts should be undertaken by the Argentinean government to ensure that the quality and level of education are not only raised but also availed to the poor population in the country. This is because education is the key to a country’s growth and therefore ensuring its availability to the local population in Argentina will have a positive outcome on the country’s economy. Access to both secondary and higher education should therefore be increased to the Argentinean people since it is plain fact that a major problem in Argentina is that children coming from poor families in the country stand higher chances of dropping out of schools due to numerous reasons9. The poor enrolment rate of the poor population in Argentina was further worsened by the recent economic recessions that occurred in the years 1995 and 1999. There are viable strategies that could be adopted by the Argentinean government to ensure that this problem is arrested once and for all. The government should ensure that there is extension of greater investments in educational facilities, for example, extending the “Plan Social Educativo” that is currently in place. In addition to that, the government should also grant cash grants to its poor populations to ensure that their children are kept in school especially at the secondary level as this will greatly offset some of the economic incentives arising from leaving school and also cope with the impacts associated with unemployment10. There is actually a lot that the government of Argentina could do to arrest poverty issues in the country. The establishment or the creation of a system that will entail cost recovery from public university students who at most times tend to come from poor families and the creation of a nationwide system comprising of scholarships for students coming from poor families will be a great step in poverty reduction11. Indeed, hope is not lost for Argentina as a country and therefore the adoption of the above strategies will greatly make the country to become a great economic hub in the world. Bibliography Franko, Patrice. The Puzzle of Latin American Economic Development, 15-17. New York: Rowman & Littlefield, 2007. Katowice, Arie. Globalization and the Distribution of Wealth..., 23-24.New York: Cambridge University Press, 2013. Legge, Stefan. Effects of Minimum Wage Policy on Poverty in Argentina, 20-21. New York: Diplomica Verlag, 2009. Martin, Will et al. Agricultural Price Distortions, Inequality, and Poverty, 32-33. New York: World Bank Publications, 2010. MercoPress. “Official Poverty in Argentina 2.5 Million People: Private Estimate: 11 Million.”MercoPress. http://en.mercopress.com/2013/04/25/official-poverty-in-argentina-2.5-million-people-private-estimate-11-million (accessed October 22, 2014). Summer, Andrew & Jones, Nicola. Child Poverty, Evidence and Policy..., 12-17. New York: Policy Press, 2011. Wodon, Quentin & Cruces Guillermo. Risk Adjusted Poverty in Argentina: Measurement and Determinants, 60-61. New York: United Nations Publications, 2006. World Bank Publications. The Invisible Poor: A Poor Portrait of Rural Poverty in Argentina, 22-24. New York: World Bank Publications, 2010. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Policy brief on Poverty and Development in Argentina Assignment”, n.d.)
Retrieved from https://studentshare.org/social-science/1661936-policy-brief-on-poverty-and-development-in-argentina
(Policy Brief on Poverty and Development in Argentina Assignment)
https://studentshare.org/social-science/1661936-policy-brief-on-poverty-and-development-in-argentina.
“Policy Brief on Poverty and Development in Argentina Assignment”, n.d. https://studentshare.org/social-science/1661936-policy-brief-on-poverty-and-development-in-argentina.
  • Cited: 0 times

CHECK THESE SAMPLES OF Policy brief on Poverty and Development in Argentina

Washington Consensus and Its Impact on Thirds World Countries

in argentina, on the contrary, those instruments of economic policy had switched roles.... How Neo Liberal Reforms Hindered development in Chile: Organizations such as the Ford Foundation and the Chicago boys committed grave violence in the name of free market economy in Latin America.... Along with this fact, another point of reference which is interesting to note is that people argue that argentina's failure of economy of 1999 was characterized by its own issues, which comprised of an uncompetitive fixed rate regime as well as failure to achieve effective control over its fiscal accounts, which became increasingly unpopular with the economic function of the country....
8 Pages (2000 words) Essay

What Criteria might be used to Define a State as Liberal Democracy

Liberal democracy needs power like any other kind of state so they also curtail this very same power in order to maximize the individual's autonomy from the state.... There thus exists a constant tension that is inherent in liberal democracies.... hellip; The liberal state can be explained as an opposition of the individual against the norms of custom, tradition, and religion (Barry et al 2001, p....
10 Pages (2500 words) Essay

The Issue of the Developing Countries

This debate has polarized the school of economics and economic thought with each camp (one for the state and the other for the market)… Economists in the so-called Renaissance era were of the unsatisfying condition of humankind and hence sought fresh thinking and an approach towards development that involved a role for the state as a superstructure under which the market performs In their conception of things, the state is needed to define property rights, act as a custodian of the public good (or work for what was known as the “common good”) and regulate markets so that optimal conditions are met (Cooper & Packard, 1997)....
10 Pages (2500 words) Essay

Corruption, Poverty and Inequality

This paper "Corruption, poverty and Inequality" discusses corruption that has become increasingly prevalent in recent times.... President Mobutu Sese-Seko of Zaire diverted $50 million to $75 million from government funds to his own private account, while President Peron of argentina accumulated $700 million in foreign bank accounts (Ghazanfar and May 2000)....
7 Pages (1750 words) Assignment

Brazil and Argentina: Coffee and Oil

The Energy Information Administration (EIA) Country Analysis brief on Argentina (2008) indicated that the country is a net energy exporter and the main export destination for Argentinean oil in Brazil.... Te two traded products that will be analyzed in the paper are Brazilian coffee exports to argentina and Argentinean oil exports to Brazil.... nbsp;… When examining the oil demands of Brazil it is important to take into consideration that the country does produce a tremendous amount of oil and has proven reserves that according to the CIA World Factbook are more than ten times that of argentina....
8 Pages (2000 words) Term Paper

Economic Stability of Argentina in the Path of Globalization and Its Stand in the World Economy

Secondly, aspects of research and development for progress and sustained economic growth, and lastly the investment and development of institutions and infrastructure.... "Economic Stability of argentina in the Path of Globalization and Its Stand in the World Economy" paper compares trends and economic data from primary sources in order to substantiate the statement.... In order to understand the level of integration of argentina, the paper examines economic variables....
10 Pages (2500 words) Case Study

Washington Consensus and its Impact on Thirds World Countries

argentina was a classic example where the policy turned out to be a massive failure.... Along with this fact, another point of reference which is interesting to note is that people argue that argentina's failure of the economy of 1999 was characterized by its own issues, which comprised of an uncompetitive fixed-rate regime as well as failure to achieve effective control over its fiscal accounts, which became increasingly unpopular with the economic function of the country....
8 Pages (2000 words) Report

Doing Business in Brazil

The major countries surrounding it are argentina, French Guiana, Bolivia, Columbia, Guyana, Peru, Paraguay, Suriname & Venezuela....  This study "Doing Business in Brazil" discusses the various business opportunities in Brazil & then choosing the best alternative from those....
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us