Argentina needs to replace public spending with private investment, says economist. The key is to close the door of the Central Bank to the Treasury, he says.
It is appropriate to introduce the qualitative issue of the Nation-Provinces relationship, he adds. But the diagnosis and solution to provincial failures is the key to the decentralization of basic services, says Hernández. He adds that the people who benefit or suffer from the State are not national or provincial. The State has the responsibility of providing public goods, he writes.