Argentina's Trade & Finance at G20: A Detailed Policy Position

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Added on  2023/05/29

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This report provides a policy memo outlining Argentina's trade and financial standing in the G20, highlighting key statistics regarding import and export rankings, trade balance, and financial challenges. It emphasizes Argentina's declining financial position due to depreciation, the central bank's response to inflation, and the country's financial policy aimed at improving its economic growth. The memo further explores Argentina's potential focus areas in G20 dialogues, including infrastructure development, the future of work, and sustainable food practices. It also addresses the importance of providing skills and tools for job seekers, developing infrastructure as an asset class, and building on the legacies of previous presidencies to tackle a wide range of problems. Desklib offers a wealth of similar solved assignments and resources for students.
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POLICY MEMO FOR ARGENTINA G20
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TRADE POSITION OF
ARGENTINA
As of 2017, Argentina world ranking with regards to import is
44 and export is 47
The rank of Argentina’s trade balance is 99 in the world.
During the past five years, the total exports of Argentina
declined at yearly rate of around -7% that is from $83.9B in
the year 2011 to $59B in the year 2016
the total imports of this country have declined at yearly rate
of around -4.7% during the past five years that is from $72.4B
in 2011 to $55.8B in the year 2016
Argentina has been experiencing positive trade balance of
around $3.21 B in the net exports
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FINANCE POSITION OF
ARGENTINA
Over the last few years, the financial position of Argentina
has declined.
The depreciation has made this nation’s dollar debts highly
expensive for government.
The central bank of this nation responded rise in inflation by
hiking interest rates and selling dollars in the foreign
currency reserves of protecting peso.
Argentina has been adopting financial policy for returning
back to good financial position.
This attempt will not only seek to improve their finance
position but also enhance economy’s growth.
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WHAT ARGENTINA WILL BE
SEEKING IN G20 DIALOGUE
Argentina might be seeking to focus on infrastructure or
development, future of work and sustainable food future for
further development of economy.
Argentina might be seeking to provide skills and tools to the
people searching for jobs and specially those whose jobs are at
high risk
The policymakers of Argentina will seek in developing
infrastructure as asset class by addressing data gaps on financial
performance, improving project preparation and improving
instruments
Argentina will also seek in building valuable legacy of previous
presidencies around wide array of problems
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