In that straightforward tone that introduces him, the long -awaited presentation by Jeffrey Sachs, one of the world’s celebrities on economists, began with a sense: “There are no barriers to a new era of stability and growth in Argentina”.

But he immediately released that the country’s problem “is the view of the financial world that debt promises will be violated, thus forming a self-fulfilling prophecy that is happening in the local political-economic system. If it has financial stability, Argentina will grow strongly. This country does not deserve crises and yet it is in an eternal crisis. They are classified as incorrigible, reserved by default ”.

Sachs, Director of the Center for Development at Columbia University and member of the Vatican’s Pontifical Academy of Social Sciences, was the keynote speaker at the forum organized by the Economic and Social Council (ESC). Included in the meeting that took place this morning at San Martín Palace personality of all political drawings. They were called to discuss the challenges faced by middle-income countries such as Argentina in obtaining financing.

The conference was presented and chaired by the Secretary for Strategic Affairs and President of CES, Gustavo Beliz, who thanked Sachs for looking at the economy, based on a “humane approach, deeply rooted in extraordinarily important values ​​and principles.” In passing, Beliz considered the role of CES for “build bridges, build agreements and agreements ”.

Sachs relied on a series of graphs to keep Argentina’s “basics” in order. And he said he sent that message to the US government. “I really believe the government is doing the right thing. Agreements with bond holders and with the IMF they are very good. You have to use them in construction. “ he pointed out. He added: “The world expects Argentina to fail, all the time. When the government does the right thing, the world says it won’t last. however, the indicators are better than in many countries ”.

Río Negro governor Arabela Carreras, Gala Díaz Langou from Cippec, and economists Marina dal Poggetto and Martin Rapetti oversaw the making of the comments. New UOM leaders Abel Furlan and Roberto Murchison asked of the logistics group bearing his last name and president of IDEA. And it is up to the head of the Audit, Jesús Rodríguez, to reflect:“Uncertainty generates higher costs than economic policy mistakes.”

Sachs concludes: “Argentina has a lower debt-to-GDP ratio than most G7 member countries, except Germany. Its debt is not very high, its situation is better than many countries criticize. here, but its reputation is the worst in the world.

He added, “Argentina is facing, seeing its good numbers in macroeconomic terms, an unfair risk rating on its country: it is not an irresponsible country, Argentina is under a world of bad expectations and in the debt trap ”. Someone asked how to get out. “You have to show the world that you don’t like the default, that you want to work for it and that’s what it does.”

everyone was surprised the level and extent of the call. From Fernando “Chino” Navarro, from the Evita Movement, to Daniel Funes de Rioja, president of UIA; Ernesto Giobando, Auxiliary Bishop of Buenos Aires; Marcos Cohen (DAIA), Marcos Bulgheroni (Pan American Energy), Carlos Bacher (Techint), Javier Madanes Quintanilla (Aluar), Federico Ovejero (General Motors), Miguel Acevedo (Oil General Deheza) and Beatriz Nofal, among many others .

After the meeting, Sachs had lunch at the Government House with Chief of Staff Juan Manzur; the Minister of Economy Martín Guzmán, the president of the Central Bank, Miguel Pesce and the head of State, Eduardo Hecker. And during coffee time he met Alberto Fernández alone.