Hi, Keith!!! It is 8.51 am in BA and I have just get out of my bed. Firstly,
I am very happy of receiving your mail, thank you very much for your
accurate views. I am very worried about what is going to happen in the
transition of argentine crisis. Most of my friends (young economists, too)
think that there is no way out: they just want to emigrate and start a new
life abroad. The system doesn�t work here. I mean, it is like Anne Krueger
says, most people are rent seekers, the State has no autonomy at all.
Intelligent and honest people don�t want to take part in politics because
they are frightned of being involved in corruption o being pressed or being
unable of changing anything at all. You talk about a desire of strong
leadership in my country. I agree with your analysis about strong leaders in
my country. I voted for De la Rua because he was an honest lawer. But he
disappointed me. Our country not only has severe problems to face his debt,
we also have a very strong inequality and a very high unemployment rate. De
la Rua did nothing to solve this problems. And so there were people
unemployed for 4 years in the lower class. This increases violence,
resentment, social exclusion, etc.
Well, I have lot sof things to  say about Argentine crisis, but it is too
early in the morning and English is not my mother tongue, so I will do it
later.
Kisses.
Carmen
----- Original Message -----
From: "Keith Hudson" <[EMAIL PROTECTED]>
To: "Carmen Lopez" <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Sunday, December 23, 2001 4:10 AM
Subject: Argentina can arise! (was Re: Argentina down and out)


> Hi Carmen,
>
> This is Sunday and I am drinking from my first pot of tea of the day.
>
> I am still thinking about what might be said to be helpful to Argentina.
> Meanwhile, this morning, I have been listening on shortwave radio from a
> BBC reporter speaking from Buenos Aires and he was saying that people in
> Argentina are calling for a strong leader.
>
> Well, apart from your first great reforming President, Bernadino Rivadavia
> in the 19th century, Argentina has not been lucky since then. It seems to
> me that strong leaders have been your greatest problem in the course of
> this century! You've had a whole stream of strong leaders -- army
generals,
> navy admirals, and dictactors who've been greedy for power or money or
> both. Your last two "strong leaders", Peron and Menem, have merely driven
> your country into massive debt.
>
> Your last President, Fernando de la Rua, was an exception to the usual run
> and, from what I understand, his shy and retiring nature was the reason
why
> he was elected as a relief from the corruption and embarrassing antics of
> President Carlos Menem who did nothing for your country but left you even
> more crippled with debt.
>
> Now that Menem has been released from arrest I suppose that it is a
> possibility that he might manipulate the poor of the country (as Peron
did)
> and get into power again. Well, if he does so, he won't be the solution to
> your problems. Or you might get another "strong leader" who is just as
bad.
>
> No doubt the IMF and finance ministers from other countries will find an
> immediate solution to your debt problems -- or at least, delay payments
for
> a while. It's the medium and longer term solutions that are important.
>
> There's one thing I am certain about. This is that the solution to your
> problems, and the necessary new institutions that you will have to
develop,
> can only really grow from within Argentina. They can't be implanted from
> outside. Within your country you will have many people of integrity and
> intelligence who will probably arrive at sensible solutions. We'll have to
> hope that their voices will be allowed to influence those who have
> political power.
>
> I'd like to write some more words about what I think about Argentina's
> problems, but I need a few more morning pots of tea before I might do so.
> Meanwhile, let's be positive! So I've changed the subject heading of this
> FW thread. Argentina need not always be down and out. It can be up and
> running again successfully, given enough thought -- and a lucky throw of
> the dice in the choice of your next President.
>
> Keith Hudson
>
>
> At 08:47 22/12/01 -0300, you wrote:
> >Hello, I am Carmen from Argentina. This tuesday and wednesday have been a
> >nightmare. I am a just graduated economist and I think that the problem
of
> >my country is not only economic but institutional. Politicians have no
> >credibility at all. My country is a very "special" one. We have had 40
years
> >of inflation until convertibility arrived. Convertibility succeded in
> >restraining inflation but the cost was seen in the market for labor were
> >unemployment raised. I am very interested in hearing your opinions.
> >Sincerely,
> >Carmen
>
> __________________________________________________________
> "Writers used to write because they had something to say; now they write
in
> order to discover if they have something to say." John D. Barrow
> _________________________________________________
> Keith Hudson, Bath, England;  e-mail: [EMAIL PROTECTED]
> _________________________________________________
>
>


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