|
Hernán Lacunza
Jorge Roberto Hernán Lacunza (born February 25, 1969) is an Argentine economist, appointed in 2019 as Minister of the Treasury of the Mauricio Macri administration. Biography He received a bachelor's degree in economics from the University of Buenos Aires in 1994. Between 1997 and 1998 he completed a postgraduate degree in economics at Torcuato di Tella University. Political career In the private function, Lacunza was economic analyst at Scotiabank Quilmes (2004–2007) and a consultant at the Capital Foundation (2007–2002). From 2002 to 2005 Lacunza was director of the Center for International Economics at the Secretary of Commerce and International Economic Relations within the Ministry of Foreign Affairs. Lacunza was appointed as General Manager at Central Bank of Argentina between 2008 and early 2010, after being designated as Chief Economist between 2005 and 2008 He returned to the private sector by founding his consulting firm Empiria Consultores Economía y Fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of The Treasury (Argentina)
The Ministry of Economy ( es, Ministerio de Economía) of Argentina is the country's state treasury and a ministry of the national executive power that manages economic policy. The Ministry of Economy is one of the oldest ministries in the Argentine government, having existed continuously since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza – albeit under the name of Ministry of the Treasury. The current minister responsible is Sergio Massa, who has served since 2022 in the cabinet of Alberto Fernández. Headquarters The Argentine Ministry of the Treasury has, since the building's 1939 inaugural, been based in a 14-story Rationalist office building designed by local architect Carlos Pibernat. The Economy Ministry building was built on a 0.57 ha (1.4 ac) Montserrat neighborhood lot facing the Casa Rosada presidential office building to the north, and the Defense Ministry ( Libertador Building) to the easta government buil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Foreign Affairs And Worship
The Ministry of Foreign Affairs, International Trade and Worship ( es, Ministerio de Relaciones Exteriores, Comercio Internacional y Culto; MRECIC), informally referred to as the Chancellery ( es, Cancillería), is the Argentine government ministry dealing with the foreign relations of Argentina, Argentina's foreign policy, international development, international trade, diaspora and matters dealing with Mercosur and the Catholic Church. The Ministry of Foreign Affairs is one of the oldest continuously existing portfolios in the Argentine government, having existed uninterruptedly since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza. The incumbent minister is Santiago Cafiero, who has served since 20 September 2021 in the cabinet of Alberto Fernández. Structure and dependencies The Ministry's Department of Worship (''Secretaría de Culto'') has several directorates. The Registry Directorate maintains the National Register o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central American Bank For Economic Integration
The Central American Bank for Economic Integration - CABEI ( BCIE in Spanish) was founded in 1960. It is an international multilateral development financial institution. Its resources are invested in projects that foster development to reduce poverty and inequality; strengthen regional integration and the competitive insertion of its member countries in the global economy; providing special attention to environmental sustainability. Its headquarters are in Tegucigalpa (Honduras) and has regional offices in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama. Mission CABEI is a multilateral development bank whose mission is to promote the economic integration and the balanced economic and social development of the Central American region, which includes the founding countries and the non-founding regional countries, attending and aligning itself with the interests of all of its member countries. Vision CABEI's vision consists of being the strategic ally of its mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crisis Of Confidence
Jimmy Carter's tenure as the 39th president of the United States began with his inauguration on January 20, 1977, and ended on January 20, 1981. A Democrat from Georgia, Carter took office after defeating incumbent Republican President Gerald Ford in the 1976 election. His presidency ended following his defeat in the 1980 election by Republican Ronald Reagan. Carter took office during a period of " stagflation," as the economy experienced a combination of high inflation and slow economic growth. His budgetary policies centered on taming inflation by reducing deficits and government spending. Responding to energy concerns that had persisted through much of the 1970s, his administration enacted a national energy policy designed for long-term energy conservation and the development of alternative resources. In the short term the country was beset by an energy crisis in 1979 which was overlapped by a recession in 1980. Carter sought reforms to the country's welfare, health ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Controls
Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currency, currencies by residents, on the purchase/sale of local currency by nonresidents, or the transfers of any currency across national borders. These controls allow countries to better manage their economies by controlling the inflow and outflow of currency, which may otherwise create exchange rate volatility. Countries with weak and/or developing economies generally use foreign exchange controls to limit currency speculation, speculation against their currencies. They may also introduce capital controls, which limit foreign investment in the country. Rationale Common foreign exchange controls include: * banning the use of foreign currency within the country; * banning locals from possessing foreign currency; * restricting currency exchange to government-approved exchangers; * fixed exchange rates * restricting the amount of currency that may be imported or ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be governments, corporations or citizens. External debt may be denominated in domestic or foreign currency. It includes amounts owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and the World Bank. External debt measures an economy's obligations to make future payments and, therefore, is an indicator of a country's vulnerability to solvency and liquidity problems. Another useful indicator is the ''net'' external debt position, which equals gross external debt less external assets in the form of debt instruments. A related concept is the net international investment position (net IIP). Provided that debt securities are measured at market value, the net external debt position equals the net IIP excluding equity and investment fund shares, financial derivatives, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Economy (Argentina)
The Ministry of Economy ( es, Ministerio de Economía) of Argentina is the country's state treasury and a ministry of the national executive power that manages economic policy. The Ministry of Economy is one of the oldest ministries in the Argentine government, having existed continuously since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza – albeit under the name of Ministry of the Treasury. The current minister responsible is Sergio Massa, who has served since 2022 in the cabinet of Alberto Fernández. Headquarters The Argentine Ministry of the Treasury has, since the building's 1939 inaugural, been based in a 14-story Rationalist office building designed by local architect Carlos Pibernat. The Economy Ministry building was built on a 0.57 ha (1.4 ac) Montserrat neighborhood lot facing the Casa Rosada presidential office building to the north, and the Defense Ministry (Libertador Building) to the easta government buildin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Argentine General Election
General elections were held in Argentina on 27 October 2019, to elect the president of Argentina, members of the national congress and the governors of most provinces. Former Cabinet Chief Alberto Fernández of Frente de Todos (2019 coalition), Frente de Todos defeated incumbent president Mauricio Macri of Juntos por el Cambio, exceeding the threshold to win the presidency in a single round. Macri became the first incumbent president in Argentine history to be defeated in his reelection bid. Electoral system The election of the president was conducted under the Ballotage in Argentina, ballotage system, a modified version of the two-round system. A candidate can win the presidency in a single round by either winning 45% of the vote, or if they win 40% of the vote while finishing 10 percentage points ahead of the second-place candidate. If no candidate meets either threshold, a runoff takes place between the top two candidates. Voting is compulsory for citizens between 18 and 70 year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Works
Public works are a broad category of infrastructure projects, financed and constructed by the government, for recreational, employment, and health and safety uses in the greater community. They include public buildings ( municipal buildings, schools, and hospitals), transport infrastructure (roads, railroads, bridges, pipelines, canals, ports, and airports), public spaces (public squares, parks, and beaches), public services (water supply and treatment, sewage treatment, electrical grid, and dams), and other, usually long-term, physical assets and facilities. Though often interchangeable with public infrastructure and public capital, public works does not necessarily carry an economic component, thereby being a broader term. Public works has been encouraged since antiquity. For example, the Roman emperor Nero encouraged the construction of various infrastructure projects during widespread deflation. Overview Public works is a multi-dimensional concept in economics and poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxes
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscal Deficit
The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a ''government budget surplus'', and a negative balance is a ''government budget deficit''. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the ''primary balance'' and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the ''structural balance'' (also known as ''cyclically-adjusted balance'') and the cyclical component: the structural budget balance attempts to adjust for the impact of cy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.JPG "Click for more on -> Ministry Of The Treasury (Argentina)")
