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More than half of the inhabitants of the City of Buenos Aires and its suburbs think your personal financial situation and the country are equally good or better than last year. They also noted that, although concerned about inflation, they prefer that the national economy continue to grow.

This was revealed by a survey of 1000 respondents by the consultant Barometry on the perception of the situation held monthly in the Metropolitan Area of Buenos Aires (Buenos Aires and 24 districts of Greater Buenos Aires) on 25 January.

This research showed that although there is concern about rising prices, 54% prefer to keep the economy growing, even at risk of further inflation. In contrast, 26% prioritize the brakes on inflation, even at the risk of economic growth.

In total, 51% consider their personal situation is better than last year, as opposed to 45.2% believed that remained unchanged or worsened. In turn, 51.4% thought that the economic situation improved from the previous year, against a 43.8% that the economy is “as bad or worse” for one year.

It also found that among political leaders, according to the respondents; better solve the inflation problem, Cristina Fernandez ranks first with 35.6%. Second, respondents point to the former President Eduardo Dialed to 12%, followed by the head of government of Buenos Aires Mauricio Marci with 8.4% and the Vice President Julio Combos to 7.4%.
While not speaking in the polls, the difference of more than 20 points between the president and former interim president is notorious, and even throws overboard the aspirations of the Senate incumbent to compete in an eventual second round of elections General October 24.

On the other hand, in relation to new demands for rural entrepreneurs, the survey revealed that 53% or more than half of respondents described him as an eminently political dispute, while for the 29% is a protest against a legitimate claim. 40% also thought that the Agricultural Liaison Committee is the actor who could get more hurt in this conflict, and only 21% believe it would further hurt the national government. Gone are sympathetic to the employers of the field in 2008 focused the attention of key opposition leaders during the conflict over the withholding of agricultural commodities. The endless demands of the leaders of the Liaison Bureau lost the legitimacy that led to the 2008 election to fill several seats in Congress, with reference to the public who gave them the dispute over profits from soybeans.

A positive part of the tax reform proposal by Senators of the PRI is raised to lower the rate of VAT to 12 percent, because lower rates, fewer distortions in the economy, said the senior economist for Mexico World Bank (WB), Joust Dadaism.

However, he said, the tricky part would be to broaden the tax base, possibly to include food and medicine, which are now exempt or zero rate, “and that might have some regressive impact on income distribution in Mexico” .

In his view, any tax proposal that in Mexico this approach should be to increase revenue, as our country “does not collect a large percentage of its GDP through taxes.”

Moreover, in recent years the level of oil production in the country, which represents an important part of public-sector income has fallen more than 25 percent and the risk of diminishing a bit more, so that have to start replacing oil revenues by tax revenue.

Referring to the proposal of Senators of the Parted Revolutionaries Institutional (PRI), said a positive part is that it needs to reduce the rate of Value Added Tax (VAT) to 12 percent.

“Within the proposal was referred to a supporting part to lower rates is that fewer distortions in the economy, obviously also offset by expanding the base, and we think this is a positive part of the proposal,” he said.

As part of a press conference of the World Bank Country Director for Mexico and Colombia, Gloria Gadolinium, Dadaism said the hardest part of this proposal is to do that effectively raise more or not.

The study was conducted by Andrew Aldine, director of financial stability the Bank of England, along with ecologist at the University of Oxford, Robert May.
In addition, Aldine believes that if you look at the dynamic in nature, as given in the transmission of infectious disease or a forest fire, you can make comparisons that help to improve the economic models used to explain, for example, the contagion effect of the collapse of U.S. investment bank Lehman Brothers.
“In October 2008, financial systems and the global economy fell off a cliff,” Aldine told the BBC.

“The conventional economic models used to explain this. However, these cliffs and tipping points are common in natural systems, “added the researcher.
Two lessons
there are two main lessons that the financial world should learn from nature, the study said.

First, is the need to promote diversity in the financial system, and the loss of biological diversity limits the amount of environmental services offered by an ecosystem and endangers the existence of habitat as a whole, the lack of variety in the financial sector increases systemic risk?

“The fragility creates homogeneity,” say the authors. “A time to rebuild and keep the financial system, the regulatory community should give much greater prominence to the objective of encouraging systemic diversity.”

The second lesson from Mother Nature is that the financial system becomes more resistant form by adopting a”modular” to prevent component failure endangers the rest.