ARGENTINE MINISTRY
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Multilateralism from an Argentine perspective

Author: 
Demián Dalle - Enrique Aschieri

Multilateralism may act as a deterrent when a state which has the capacity to embark on the path of development takes the necessary steps towards that goal. This is not an insurmountable obstacle, though. Maintaining a current account surplus—typically driven by a trade surplus—as a permanent objective is an entirely national decision. In the case of Argentina, for example, doing that entails implementing a trade administration policy that works as an essential complement to make the import substitution process conclude in a successful way. Due to general policy matters, states cannot do without the multilateral institutions to which they are members if they are to achieve such a goal. Thus, what states may and, in fact, must do is to recur to those institutions on the basis of what reality—rather than dreams—dictates.

Numeration: 
1
Type: