{"id":14531,"date":"2026-08-29T13:54:49","date_gmt":"2026-08-29T16:54:49","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=14531"},"modified":"2026-08-29T13:54:51","modified_gmt":"2026-08-29T16:54:51","slug":"%ea%b2%bd%ec%a0%9c-%ec%86%8c%ec%8b%9d-%ec%a4%91%ea%b5%ad-%ec%a0%9c%ec%a1%b0%ec%97%85%ec%9d%98-%ec%95%95%eb%8f%84%ec%a0%81-%ea%b0%80%ea%b2%a9%ea%b2%bd%ec%9f%81%eb%a0%a5%ea%b3%bc-%ec%95%84%eb%a5%b4","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=14531","title":{"rendered":"[\uacbd\uc81c \uc18c\uc2dd] \uc911\uad6d \uc81c\uc870\uc5c5\uc758 \uc555\ub3c4\uc801 \uac00\uaca9\uacbd\uc7c1\ub825\uacfc \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc911\uad6d \uc81c\uc870\uc5c5\uc758 \uc555\ub3c4\uc801 \uac00\uaca9\uacbd\uc7c1\ub825\uacfc \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810<\/p>\n\n\n\n

-Diego Sehinkman\uc774 TN\uc5d0\uc11c \uacbd\uc81c\ud559\uc790 Bernardo Kosacoff\uc640 \uc9c4\ud589\ud55c 2026\ub144 8\uc6d4 17\uc77c \uc778\ud130\ubdf0\uc640 \uad00\ub828\ub41c \ubd84\uc11d\uc774\ub2e4. \ud575\uc2ec \uc8fc\uc81c\ub294 \uacbd\uc81c\ubc1c\uc804\uc5d0\uc11c \uc0dd\uc0b0\uc758 \uc911\uc694\uc131\uacfc \ud604\uc7ac \uc911\uad6d \uc81c\uc870\uc5c5\uc774 \uac00\uc9c4 \uad6c\uc870\uc801\uc778 \uacbd\uc7c1\ub825\uc774\ub2e4.<\/p>\n\n\n\n

    \n
  1. \uc704\uc548\ud654\uc758 \uc0c1\ub2f9\ud55c \uc800\ud3c9\uac00
    \uc911\uad6d\uc758 \ud604\uc7ac \uacbd\uc7c1\ub825\uc740 \uc0b0\uc5c5\uc0dd\uc0b0\uc131\ub9cc\uc73c\ub85c \uc124\uba85\ud558\uae30 \uc5b4\ub835\ub2e4.
    \ubd84\uc11d\uc5d0 \ub530\ub974\uba74 \uc704\uc548\ud654\uc758 \uc2e4\uc9c8\uac00\uce58\ub294 \uc911\uad6d \uacbd\uc81c\uc758 \uae30\ucd08\uc5ec\uac74\uc5d0 \ube44\ud574 \uc0c1\ub2f9\ud788 \ub0ae\uc740 \uc218\uc900\uc774\ub2e4. Brad Setser \uacbd\uc81c\uc5f0\uad6c\uc18c\uc758 \ucd94\uc815\uc73c\ub85c\ub294 \uac01\uc885 \uc870\uc815\uc744 \ubc18\uc601\ud560 \uacbd\uc6b0 2026\ub144 \uc704\uc548\ud654\uac00 \uc57d 30~35% \uc800\ud3c9\uac00\ub418\uc5b4 \uc788\uc73c\uba70, \uc870\uc815\ud558\uc9c0 \uc54a\uc744 \uacbd\uc6b0\uc5d0\ub3c4 \uc57d 20% \uc800\ud3c9\uac00\ub41c \uac83\uc73c\ub85c \ucd94\uc815\ub41c\ub2e4.
    \ub2e4\ub9cc 35%\ub77c\ub294 \uc218\uce58\ub97c \uc808\ub300\uc801\uc778 \uac83\uc73c\ub85c \ubcfc \uc218\ub294 \uc5c6\ub2e4. \uc911\uad6d\uc758 \uacbd\uc0c1\uc218\uc9c0 \uacc4\uc0b0 \ubc29\uc2dd, \uae08 \uc218\uc785 \ubc0f \ud22c\uc790\uc18c\ub4dd \uc870\uc815 \ub4f1\uc5d0 \ub530\ub77c \uacb0\uacfc\uac00 \ub2ec\ub77c\uc9c0\uae30 \ub54c\ubb38\uc774\ub2e4.
    IMF\ub3c4 \uc815\ub3c4\uc758 \ucc28\uc774\ub294 \uc788\uc9c0\ub9cc \uc911\uad6d\uc758 \ub300\uc678 \ubd88\uade0\ud615 \ud655\ub300\ub97c \uc9c0\uc801\ud558\uace0 \uc788\ub2e4. 2025\ub144 \uc911\uad6d\uc758 \uacbd\uc0c1\uc218\uc9c0 \ud751\uc790\ub294 GDP\uc758 \uc57d 3.3%\uc5d0 \ub2ec\ud588\uc73c\uba70, \uac15\ub825\ud55c \uc218\ucd9c, \uc57d\ud55c \ub0b4\uc218, \ub9e4\uc6b0 \ub0ae\uc740 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc5d0 \ub530\ub978 \uc2e4\uc9c8\ud658\uc728 \ud558\ub77d \ub4f1\uc774 \uadf8 \ubc30\uacbd\uc73c\ub85c \uc9c0\uc801\ub41c\ub2e4.
    \ub530\ub77c\uc11c \uc704\uc548\ud654\uac00 20%, 25%, \ud639\uc740 35% \uc800\ud3c9\uac00\ub410\ub294\uc9c0\ub97c \ub193\uace0 \ub17c\uc7c1\ud560 \uc218\ub294 \uc788\uc9c0\ub9cc, \uc911\uad6d\uc758 \ub0ae\uc740 \uc2e4\uc9c8\ud658\uc728\uc774 \ub2e4\uc2dc \uc911\uc694\ud55c \ub300\uc678\uacbd\uc7c1\ub825\uc758 \uc6d0\ucc9c\uc774 \ub410\ub2e4\ub294 \uc810\uc740 \ubd84\uba85\ud558\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.<\/li>\n\n\n\n
  2. \uc911\uad6d \uc81c\ud488\uc758 \uac00\uaca9\uacbd\uc7c1\ub825
    \uad6d\uc81c \uacbd\uc7c1\uc81c\ud488\uacfc \ube44\uad50\ud55c \uc911\uad6d\uc0b0 \uc81c\ud488\uc758 \ub300\ub7b5\uc801\uc778 \uac00\uaca9 \ucc28\uc774\ub294 \ub2e4\uc74c\uacfc \uac19\ub2e4.
    \uc0b0\uc5c5\uc6a9 \ub85c\ubd07: 17% \uc800\ub834 \ubc30\ud130\ub9ac: 23% \uad74\ucc29\uae30: 25% \uc804\uae30\uc790\ub3d9\ucc28: 32% \ub0c9\uc7a5\uace0: 38% \uc2a4\ub9c8\ud2b8\ud3f0: 40% \uc2e0\ubc1c: 53% LED \ub514\uc2a4\ud50c\ub808\uc774: 57% \ub300\ud615 \ud2b8\ub7ed: 58% \ud0dc\uc591\uad11 \ud328\ub110: 63%
    \uc911\uc694\ud55c \uc810\uc740 \ub9ce\uc740 \uc81c\ud488\uc5d0\uc11c \uc911\uad6d\uc0b0\uc758 \uac00\uaca9 \ucc28\uc774\uac00 \uc704\uc548\ud654 \uc800\ud3c9\uac00\ub85c \uc124\uba85\ud560 \uc218 \uc788\ub294 \uc218\uc900\uc744 \ud6e8\uc52c \ub118\uc5b4\uc120\ub2e4\ub294 \uac83\uc774\ub2e4.
    \ud658\uc728\uc774 2030% \uc815\ub3c4\uc758 \uac00\uaca9\uacbd\uc7c1\ub825\uc744 \uc124\uba85\ud55c\ub2e4\uba74, \uc77c\ubd80 \uc911\uad6d \uc81c\ud488\uc774 \uad6d\uc81c\uc2dc\uc7a5\uc5d0\uc11c 40<\/del>60%\uae4c\uc9c0 \uc800\ub834\ud55c \uc774\uc720\ub294 \ubb34\uc5c7\uc778\uac00\ub77c\ub294 \ubb38\uc81c\uac00 \uc81c\uae30\ub41c\ub2e4.
    \ubc14\ub85c \uc774 \ubd80\ubd84\uc5d0\uc11c \uc911\uad6d\uc758 \uad6c\uc870\uc801\uc778 \uc0b0\uc5c5\uacbd\uc7c1\ub825\uc774 \ub098\ud0c0\ub09c\ub2e4.<\/li>\n\n\n\n
  3. \uc911\uad6d \uacbd\uc7c1\ub825\uc744 \ub9cc\ub4dc\ub294 5\uac00\uc9c0 \uc694\uc778
    \uccab\uc9f8, \ud658\uc728\uc774\ub2e4.
    \uc800\ud3c9\uac00\ub41c \ud1b5\ud654\ub294 \uc911\uad6d \uad6d\ub0b4\uc758 \uc0dd\uc0b0\ube44\uc6a9 \uc804\uccb4\ub97c \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c \ub0ae\ucd94\ub294 \ud6a8\uacfc\uac00 \uc788\ub2e4.
    \ub458\uc9f8, \uc555\ub3c4\uc801\uc778 \uaddc\ubaa8\uc758 \uacbd\uc81c\ub2e4.
    \uc911\uad6d\uc740 \uac70\ub300\ud55c \ub0b4\uc218\uc2dc\uc7a5\uacfc \uc0dd\uc0b0\uc124\ube44\ub97c \ubcf4\uc720\ud558\uace0 \uc788\uc5b4 \ub2e4\ub978 \uad6d\uac00\uac00 \ub530\ub77c\uac00\uae30 \uc5b4\ub824\uc6b4 \uc218\uc900\uc758 \uaddc\ubaa8\uc758 \uacbd\uc81c\ub97c \uc2e4\ud604\ud558\uace0 \uc788\ub2e4.
    \uc14b\uc9f8, \uc0dd\uc0b0 \uacf5\uae09\ub9dd\uc758 \ud1b5\ud569\uc774\ub2e4.
    \ubc30\ud130\ub9ac, \uc804\uc790\uc81c\ud488, \ud0dc\uc591\uad11 \ud328\ub110, \uc804\uae30\uc790\ub3d9\ucc28, \uae30\uacc4\ub958 \ubc0f \uac01\uc885 \ubd80\ud488\uc5c5\uccb4\uc640 \uc804\ubb38 \uacf5\uae09\uc5c5\uccb4\ub4e4\uc774 \ubc00\uc9d1\ub41c \uc0b0\uc5c5\uc0dd\ud0dc\uacc4\ub97c \ud615\uc131\ud558\uace0 \uc788\ub2e4.
    \uc774\ub97c \ud1b5\ud574 \ubb3c\ub958\ube44\uc6a9, \ub0a9\ud488\uc2dc\uac04 \ubc0f \uae30\uc5c5 \uac04 \uc870\uc815\ube44\uc6a9\uc744 \ud06c\uac8c \uc904\uc77c \uc218 \uc788\ub2e4.
    \ub137\uc9f8, \uc0b0\uc5c5\uc815\ucc45\uc774\ub2e4.
    \uc2e0\uc6a9\uacf5\uae09, \uacf5\uacf5\ud22c\uc790, \ubcf4\uc870\uae08, \ud1a0\uc9c0, \uc778\ud504\ub77c, \uc5f0\uad6c\uac1c\ubc1c(R&D) \uc9c0\uc6d0, \uc815\ubd80\uc870\ub2ec \ubc0f \uc9c0\ubc29\uc815\ubd80\uc758 \uc0b0\uc5c5\uc815\ucc45 \ub4f1\uc774 \uc0dd\uc0b0\ub2a5\ub825 \ud655\ub300\uc5d0 \uae30\uc5ec\ud588\ub2e4.
    \uc77c\ubd80 \uc0b0\uc5c5\uc5d0\uc11c\ub294 \uc774\ub85c \uc778\ud574 \uc0c1\ub2f9\ud55c \uacfc\uc789\uc0dd\uc0b0\ub2a5\ub825\uae4c\uc9c0 \ubc1c\uc0dd\ud588\ub2e4.
    IMF \uc5ed\uc2dc \uc911\uad6d\uc758 \ubcf4\uc870\uae08\uacfc \uac01\uc885 \uc0b0\uc5c5\uc9c0\uc6d0\uc815\ucc45\uc774 \uc0dd\uc0b0\uc744 \ud06c\uac8c \ud655\ub300\ud588\uc73c\uba70, \uc57d\ud55c \ub0b4\uc218\uc640 \uacb0\ud569\ud558\uba74\uc11c \uc218\ucd9c\uac00\uaca9\uc744 \ub0ae\ucd94\uace0 \uc81c\uc870\uc5c5\uc758 \uc218\ucd9c \uc758\uc874\ub3c4\ub97c \ub192\uc600\ub2e4\uace0 \ud3c9\uac00\ud55c\ub2e4.
    \ub2e4\uc12f\uc9f8, \uc911\uad6d \ub0b4\uc218\uc758 \uc0c1\ub300\uc801\uc778 \ubd80\uc9c4\uc774\ub2e4.
    \uc911\uad6d\uc740 \ub9c9\ub300\ud55c \uc0b0\uc5c5\uc0dd\uc0b0\ub2a5\ub825\uc744 \uac00\uc9c0\uace0 \uc788\uc9c0\ub9cc \uad6d\ub0b4 \uc18c\ube44\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \uc57d\ud558\ub2e4.
    \ub530\ub77c\uc11c \uc0dd\uc0b0\ub7c9 \uac00\uc6b4\ub370 \uc810\uc810 \ub354 \ub9ce\uc740 \ubd80\ubd84\uc744 \ud574\uc678\uc2dc\uc7a5\uc5d0 \ud310\ub9e4\ud574\uc57c \ud55c\ub2e4. \uc5ec\uae30\uc5d0 \uc911\uad6d \uc0b0\uc5c5\uc0dd\uc0b0\uc790 \uac00\uaca9\uc758 \ub514\ud50c\ub808\uc774\uc158\ub3c4 \ub2e4\ub978 \ub098\ub77c\ubcf4\ub2e4 \uc7a5\uae30\uac04 \uc9c0\uc18d\ub418\uace0 \uc788\ub2e4.
    \uc774\ub97c \ud558\ub098\uc758 \uacf5\uc2dd\uc73c\ub85c \uc815\ub9ac\ud558\uba74 \ub2e4\uc74c\uacfc \uac19\ub2e4.
    \uc0b0\uc5c5\uc815\ucc45 + \uaddc\ubaa8\uc758 \uacbd\uc81c + \ud601\uc2e0 + \ud1b5\ud569\ub41c \uacf5\uae09\ub9dd + \uc800\ud3c9\uac00\ub41c \uc704\uc548\ud654 + \ubd80\uc871\ud55c \ub0b4\uc218\uc218\uc694 \u2192 \ub9e4\uc6b0 \ub0ae\uc740 \uac00\uaca9\uc73c\ub85c \uc138\uacc4\uc2dc\uc7a5\uc5d0 \uc218\ucd9c\ud560 \uc218 \uc788\ub294 \ub9c9\ub300\ud55c \ub2a5\ub825<\/li>\n\n\n\n
  4. \uc911\uad6d\uc758 \uacbd\uc7c1\ub825\uc744 \ubcf4\ub294 \uc2dc\uac01\ub3c4 \ubc14\ub00c\uc5b4\uc57c \ud55c\ub2e4
    \ud604\uc7ac \uc911\uad6d\uc740 \ub2e8\uc21c\ud788 \uc11c\uad6c\uc640 \uac19\uc740 \uc81c\ud488\uc744 \ub354 \ub0ae\uc740 \uc784\uae08\uc73c\ub85c \uc0dd\uc0b0\ud558\ub294 \ub098\ub77c\uac00 \uc544\ub2c8\ub2e4.
    \uadf8\uac83\uc740 20~30\ub144 \uc804 \uc911\uad6d\uc758 \ubaa8\uc2b5\uc5d0 \ub354 \uac00\uae5d\ub2e4.
    \ud604\uc7ac \uc911\uad6d\uc740 \ubc30\ud130\ub9ac, \uc804\uae30\uc790\ub3d9\ucc28, \uc0b0\uc5c5\uc6a9 \ub85c\ubd07, \uc2a4\ub9c8\ud2b8\ud3f0, \ud0dc\uc591\uad11 \ud328\ub110 \ub4f1 \uae30\uc220\uc801\uc73c\ub85c \uc0c1\ub2f9\ud788 \ubc1c\uc804\ub41c \uc0b0\uc5c5\uc5d0\uc11c\ub3c4 \ub9e4\uc6b0 \ub192\uc740 \uac00\uaca9\uacbd\uc7c1\ub825\uc744 \ubcf4\uc774\uace0 \uc788\ub2e4.
    \uc989 \uc911\uad6d\uc740 \ub0ae\uc740 \ube44\uc6a9\uc774\ub77c\ub294 \uc7a5\uc810\uc5d0 \uae30\uc220\ub825 \ucd95\uc801\uae4c\uc9c0 \uacb0\ud569\ud588\ub2e4.
    \ub530\ub77c\uc11c \ub2e8\uc21c\ud788 \ub0ae\uc740 \uc784\uae08\uc5d0 \uae30\ubc18\ud55c \uacbd\uc7c1\ub825\uc744 \uc0c1\ub300\ud558\ub294 \uac83\ubcf4\ub2e4 \ud6e8\uc52c \uc5b4\ub824\uc6b4 \uacbd\uc7c1\uc0c1\ub300\uac00 \ub418\uc5c8\ub2e4.<\/li>\n\n\n\n
  5. \uc138\uacc4\uacbd\uc81c\uc758 \ubb38\uc81c \u2014 \uc911\uad6d\uc758 \uacfc\uc789\uc0dd\uc0b0\ub2a5\ub825
    \uc911\uad6d \uacbd\uc81c\uc758 \uad6c\uc870\ub294 \ub300\ub7b5 \ub2e4\uc74c\uacfc \uac19\uc774 \uc124\uba85\ub41c\ub2e4.
    \ub192\uc740 \uc800\ucd95 \u2192 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc740 \uc18c\ube44 \u2192 \ub192\uc740 \ud22c\uc790 \ubc0f \uc81c\uc870\uc5c5 \uc0dd\uc0b0\ub2a5\ub825 \u2192 \ubd80\uc871\ud55c \uad6d\ub0b4\uc218\uc694 \u2192 \ub300\uc678\uc218\uc9c0 \ud751\uc790 \u2192 \ub0a8\ub294 \uc0b0\uc5c5\uc0dd\uc0b0\ubb3c\uc744 \ud574\uc678\ub85c \uc218\ucd9c
    \uc774 \ub54c\ubb38\uc5d0 IMF\ub294 \uc911\uad6d \uacbd\uc81c\uac00 \ud22c\uc790\uc640 \uc218\ucd9c\uc5d0 \ub300\ud55c \uc758\uc874\ub3c4\ub97c \ub0ae\ucd94\uace0 \uad6d\ub0b4\uc18c\ube44\uc758 \ube44\uc911\uc744 \ub192\uc774\ub294 \ubc29\ud5a5\uc73c\ub85c \uacbd\uc81c\uad6c\uc870\ub97c \uc7ac\uc870\uc815\ud574\uc57c \ud55c\ub2e4\uace0 \uac15\uc870\ud558\uace0 \uc788\ub2e4.
    \uacb0\uad6d \uad6d\uc81c\uc0ac\ud68c\uc758 \ub17c\uc7c1\ub3c4 \ub2e8\uc21c\ud55c ‘\uc911\uad6d\uacfc\uc758 \uacbd\uc7c1’\uc5d0\uc11c \uc810\ucc28 ‘\uc911\uad6d\uc758 \uacfc\uc789\uc0dd\uc0b0\ub2a5\ub825’ \ubb38\uc81c\ub85c \uc774\ub3d9\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  6. \uc544\ub974\ud5e8\ud2f0\ub098\uc640 \uc911\ub0a8\ubbf8\uc5d0 \ud2b9\ud788 \uc911\uc694\ud55c \ubb38\uc81c
    \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5\uc740 \ub2e8\uc21c\ud788 \uc911\uad6d\uc758 \uac1c\ubcc4 \uae30\uc5c5 \ud558\ub098\uc640 \uacbd\uc7c1\ud558\ub294 \uac83\uc774 \uc544\ub2c8\ub2e4.
    \uc0ac\uc2e4\uc0c1 \uc911\uad6d\uc758 \uac70\ub300\ud55c \uc0dd\uc0b0\uc2dc\uc2a4\ud15c \uc804\uccb4\uc640 \uacbd\uc7c1\ud558\uace0 \uc788\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5\uc774 \uc0c1\ub2f9\ud55c \uc218\uc900\uc758 \uc0dd\uc0b0\uc131\uc744 \ud655\ubcf4\ud55c\ub2e4\uace0 \ud558\ub354\ub77c\ub3c4 \uc911\uad6d \uc81c\ud488\uc5d0\ub294 \ub3d9\uc2dc\uc5d0 \ub2e4\uc74c\uacfc \uac19\uc740 \uacbd\uc7c1\uc694\uc18c\uac00 \ud3ec\ud568\ub418\uc5b4 \uc788\ub2e4.
    \ub9c9\ub300\ud55c \uaddc\ubaa8\uc758 \uacbd\uc81c \ud6a8\uc728\uc801\uc778 \ud604\uc9c0 \uacf5\uae09\uc5c5\uccb4, \uc720\ub9ac\ud55c \uae08\uc735\uc870\uac74, \uc6b0\uc218\ud55c \uc778\ud504\ub77c, \uc815\ubd80\uc758 \uc0b0\uc5c5\uc815\ucc45, \ucd95\uc801\ub41c \uae30\uc220\ub825, \uc911\uad6d \uae30\uc5c5\ub4e4 \uc0ac\uc774\uc758 \uce58\uc5f4\ud55c \ub0b4\ubd80\uacbd\uc7c1, \uc720\ub9ac\ud55c \uc2e4\uc9c8\ud658\uc728 \ub4f1\uc774\ub2e4.
    \ub530\ub77c\uc11c \uc911\uad6d\uc0b0 \uc81c\ud488\uacfc \uac00\uaca9 \ucc28\uc774\uac00 30~60%\uc5d0 \ub2ec\ud558\ub294 \uc0c1\ud669\uc5d0\uc11c \ub2e8\uc21c\ud788 “\uad00\uc138\ub97c \ub0ae\ucd94\uba74 \uad6d\ub0b4\uae30\uc5c5\uc758 \uc0dd\uc0b0\uc131\uc774 \ud5a5\uc0c1\ub420 \uac83”\uc774\ub77c\uace0 \ubcf4\ub294 \uac83\uc740 \ucda9\ubd84\ud558\uc9c0 \uc54a\uc744 \uc218 \uc788\ub2e4.
    \ub108\ubb34 \ube60\ub974\uac8c \uc2dc\uc7a5\uc744 \uac1c\ubc29\ud558\uba74 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4\uae30\uc5c5\ub4e4\uc774 \uc0c8\ub85c\uc6b4 \uacbd\uc7c1\ub825\uc744 \uac1c\ubc1c\ud560 \uc2dc\uac04\uc744 \uac16\uae30\ub3c4 \uc804\uc5d0 \uad6d\ub0b4 \uc0dd\uc0b0 \uc790\uccb4\uac00 \ub300\uccb4\ub420 \uc704\ud5d8\uc774 \uc788\ub2e4.
    \uadf8\ub807\ub2e4\uace0 \ubc18\ub300\ub85c \uacbd\uc81c\ub97c \uc601\uad6c\uc801\uc73c\ub85c \ud3d0\uc1c4\ud558\ub294 \uac83\ub3c4 \ud574\uacb0\ucc45\uc774 \uc544\ub2c8\ub2e4. \ubcf4\ud638\ub9cc \uacc4\uc18d\ud558\uba74 \uae30\uc5c5\uc740 \uc0b4\uc544\ub0a8\uc744 \uc218 \uc788\uc5b4\ub3c4 \ud601\uc2e0\uc774\ub098 \uc0dd\uc0b0\uc131 \ud5a5\uc0c1\uc774 \uc77c\uc5b4\ub098\uc9c0 \uc54a\uc744 \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n\n\n\n
  7. \uc911\uad6d\uc758 \uc800\uac00 \uc81c\ud488\uc774 \uac00\uc838\uc624\ub294 \uc5ed\uc124
    \uc911\uad6d\uc758 \ub9e4\uc6b0 \ub0ae\uc740 \uac00\uaca9\uc740 \uc544\ub974\ud5e8\ud2f0\ub098 \uac19\uc740 \uac1c\ubc1c\ub3c4\uc0c1\uad6d\uc5d0 \uc774\uc775\uacfc \ubb38\uc81c\ub97c \ub3d9\uc2dc\uc5d0 \uac00\uc838\uc628\ub2e4.
    \uc608\ub97c \ub4e4\uc5b4 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \ud0dc\uc591\uad11 \ud328\ub110\uc744 60% \uc800\ub834\ud558\uac8c \uad6c\uc785\ud558\uace0, \ubc30\ud130\ub9ac\ub97c 20~30% \uc800\ub834\ud558\uac8c \uad6c\uc785\ud558\uba70, \uac01\uc885 \uc790\ubcf8\uc7ac\ub97c \ub0ae\uc740 \uac00\uaca9\uc73c\ub85c \ub3c4\uc785\ud560 \uc218 \uc788\ub2e4\uba74 \ud22c\uc790 \ud655\ub300\uc640 \uc5d0\ub108\uc9c0 \uc804\ud658, \uc2e0\uae30\uc220 \ub3c4\uc785\uc744 \uac00\uc18d\ud560 \uc218 \uc788\ub2e4.
    \ubc18\uba74 \ub3d9\uc77c\ud55c \uac00\uaca9\uacbd\uc7c1\ub825\uc774 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ub0b4 \uc81c\uc870\uc5c5\uacfc \uc9c1\uc811 \uacbd\uc7c1\ud558\uac8c \ub418\uba74 \uad6d\ub0b4 \uc0dd\uc0b0\uae30\ubc18 \uc790\uccb4\uac00 \uc57d\ud654\ub420 \uc704\ud5d8\ub3c4 \uc788\ub2e4.
    \uacb0\uad6d \ud575\uc2ec\uc740 “\uc911\uad6d\uc0b0 \uc218\uc785\uc744 \uac1c\ubc29\ud560 \uac83\uc778\uac00, \ub9c9\uc744 \uac83\uc778\uac00”\ub77c\ub294 \ub2e8\uc21c\ud55c \uc120\ud0dd\uc758 \ubb38\uc81c\uac00 \uc544\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n

    \uadf8\ub7ec\ub098 \uc774\ucc98\ub7fc \ub0ae\uc740 \uc911\uad6d\uc0b0 \uac00\uaca9\uc774 \uae30\uacc4, \uc790\ub3d9\ucc28\ubd80\ud488, \uc804\uc790\uc81c\ud488, \uc790\ubcf8\uc7ac \ub610\ub294 \uce5c\ud658\uacbd \uc0b0\uc5c5 \ub4f1\uc5d0\uc11c \uc7a0\uc7ac\uc801\uc73c\ub85c \uacbd\uc7c1\ub825\uc744 \uac00\uc9c8 \uc218 \uc788\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uad6d\ub0b4 \uc0dd\uc0b0\ub2a5\ub825\uc744 \ud30c\uad34\ud55c\ub2e4\uba74, \uc774\ub294 \ud0c8\uc0b0\uc5c5\ud654\uc640 \uae30\uc220\uc5ed\ub7c9\uc758 \uc0c1\uc2e4\uc744 \ucd08\ub798\ud560 \uc218 \uc788\ub2e4.
    \ub530\ub77c\uc11c \uc911\uc694\ud55c \uc9c8\ubb38\uc740
    \u201c\uc911\uad6d\uc5d0 \ub300\ud574 \uc2dc\uc7a5\uc744 \uac1c\ubc29\ud560 \uac83\uc778\uac00, \ubcf4\ud638\ud560 \uac83\uc778\uac00?\u201d\uac00 \uc544\ub2c8\ub2e4.
    \uc624\ud788\ub824 \ub2e4\uc74c\uacfc \uac19\uc774 \uc9c8\ubb38\ud574\uc57c \ud55c\ub2e4.
    \u201c\uc5b4\ub5a4 \ubd84\uc57c\uc5d0\uc11c\ub294 \uc911\uad6d\uc758 \ub0ae\uc740 \ube44\uc6a9\uc744 \ud65c\uc6a9\ud558\ub294 \uac83\uc774 \uc720\ub9ac\ud558\uace0, \uc5b4\ub5a4 \ubd84\uc57c\uc5d0\uc11c\ub294 \uad6d\ub0b4 \uc0dd\uc0b0\ub2a5\ub825\uc744 \uc721\uc131\ud558\uace0 \uc911\uad6d\uacfc\uc758 \uc0dd\uc0b0\uc801 \uc0c1\ud638\ubcf4\uc644 \uad00\uacc4 \ubc0f \uae30\uc220\ud611\ub825\uc744 \ubc1c\uc804\uc2dc\ud0a4\ub294 \uac83\uc774 \ubc14\ub78c\uc9c1\ud55c\uac00?\u201d
    \uc774\ub7ec\ud55c \uc811\uadfc\uc774 \uacbd\uc81c\ud559\uc790 \uc568\ubc84\ud2b8 \ud5c8\uc2dc\uba3c(Albert Hirschman)\uc758 \uc0ac\uace0\ubc29\uc2dd\uc5d0 \ud6e8\uc52c \uac00\uae5d\ub2e4\uace0 \ubcf8\ub2e4.
    \uc989 \ud604\uc7ac\uc758 \uc815\uc801\uc778 \ube44\uad50\uc6b0\uc704\ub9cc\uc744 \uae30\uc900\uc73c\ub85c \uc0b0\uc5c5\uc744 \uc120\ud0dd\ud558\ub294 \uac83\uc774 \uc544\ub2c8\ub77c, \uc0b0\uc5c5 \uac04 \uc5f0\uacc4\ud6a8\uacfc, \ud559\uc2b5\ud6a8\uacfc, \uadf8\ub9ac\uace0 \uc0c8\ub85c\uc6b4 \ube44\uad50\uc6b0\uc704\ub97c \ucc3d\ucd9c\ud560 \uc218 \uc788\ub294 \ub2a5\ub825\uc744 \uae30\uc900\uc73c\ub85c \uc721\uc131\ud560 \ubd84\uc57c\ub97c \uc120\ud0dd\ud574\uc57c \ud55c\ub2e4\ub294 \uac83\uc774\ub2e4.<\/p>\n\n\n\n

      \n
    1. \uc774 \uc790\ub8cc\uc5d0\uc11c \uc5bb\uc744 \uc218 \uc788\ub294 \uacb0\ub860
      \uc774 \uc790\ub8cc\uac00 \ubcf4\uc5ec\uc8fc\ub294 \uac83\uc740 \ub2e8\uc21c\ud55c \u2018\uac00\uaca9\uc804\uc7c1\u2019\ubcf4\ub2e4 \ud6e8\uc52c \ub354 \uc2ec\uce35\uc801\uc778 \ubcc0\ud654\ub2e4.
      \uc6b0\ub9ac\ub294 \ud604\uc7ac \uc138\uacc4\uc758 \uacbd\uc7c1\uc6b0\uc704 \uc9c0\ud615 \uc790\uccb4\uac00 \ubcc0\ud654\ud558\ub294 \ubaa8\uc2b5\uc744 \ubcf4\uace0 \uc788\ub2e4.
      \uc218\uc2ed \ub144 \ub3d9\uc548 \uc120\uc9c4\uad6d\ub4e4\uc740 \uae30\uc220\uc801 \uc6b0\uc704\ub97c \uc720\uc9c0\ud588\uace0, \uc911\uad6d\uc740 \uc8fc\ub85c \ub0ae\uc740 \ub178\ub3d9\ube44\uc6a9\uc744 \uacbd\uc7c1\ub825\uc73c\ub85c \ub0b4\uc138\uc6e0\ub2e4.
      \uadf8\ub7ec\ub098 \uc624\ub298\ub0a0 \uc911\uad6d\uc740 \ub9ce\uc740 \uc0b0\uc5c5\uc5d0\uc11c \ub2e4\uc74c\uacfc \uac19\uc740 \uc694\uc18c\ub97c \ub3d9\uc2dc\uc5d0 \uac16\ucd94\uace0 \uc788\ub2e4.
      \ub0ae\uc740 \ube44\uc6a9 + \uaddc\ubaa8\uc758 \uacbd\uc81c + \uae30\uc220 + \ud601\uc2e0 + \uc778\ud504\ub77c + \uae08\uc735\uc9c0\uc6d0 + \uc0b0\uc5c5\uc815\ucc45 + \uacbd\uc7c1\ub825 \uc788\ub294 \ud658\uc728
      \uc774\ub7ec\ud55c \ubcf5\ud569\uc801\uc778 \uacbd\uc7c1\ub825\uc774 \ubbf8\uad6d\uacfc \uc720\ub7fd\uc774 \ub2e4\uc2dc \uad00\uc138, \ubcf4\uc870\uae08, \uc790\uad6d\uc0b0 \ubd80\ud488\u00b7\uc81c\ud488 \uc0ac\uc6a9 \ud655\ub300, \uc0b0\uc5c5\uc815\ucc45 \ub4f1\uc5d0 \uc758\uc874\ud558\uace0 \uc788\ub294 \uc774\uc720\ub97c \uc124\uba85\ud574 \uc900\ub2e4.
      \uc2dc\uc7a5\uac00\uaca9\ub9cc\uc744 \ud1b5\ud55c \uae09\uaca9\ud55c \uc870\uc815\uc740 \ud2b9\uc815 \uc0b0\uc5c5\uc758 \uc0dd\uc0b0\ub2a5\ub825\uc744 \uc9c0\ub098\uce58\uac8c \ube60\ub974\uac8c \ud30c\uad34\ud560 \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4.
      \uc5ec\uae30\uc11c \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ud2b9\ud788 \uc911\uc694\ud55c \uad50\ud6c8\uc744 \ucc3e\uc744 \uc218 \uc788\ub2e4.
      \uac70\uc2dc\uacbd\uc81c\uc815\ucc45\uacfc \uc0dd\uc0b0\u00b7\uc0b0\uc5c5\ubc1c\uc804\uc815\ucc45\uc744 \uc11c\ub85c \ubd84\ub9ac\ud574\uc11c \ubd84\uc11d\ud574\uc11c\ub294 \uc548 \ub41c\ub2e4\ub294 \uac83\uc774\ub2e4.
      \ud658\uc728, \ubb34\uc5ed\uac1c\ubc29, \uae08\uc735, \ud601\uc2e0, \uaddc\ubaa8\uc758 \uacbd\uc81c, \uad6d\uc81c\uacbd\uc81c\ub85c\uc758 \ud3b8\uc785, \uadf8\ub9ac\uace0 \uc0b0\uc5c5\uc5ed\ub7c9\uc758 \uad6c\ucd95\uc740 \ubaa8\ub450 \ud558\ub098\uc758 \ubb38\uc81c\ub97c \uad6c\uc131\ud558\ub294 \uc11c\ub85c \uc5f0\uacb0\ub41c \uc694\uc18c\ub4e4\uc774\ub2e4.
      Bernardo Kosacoff UTDT\u00b7UBA \uad50\uc218<\/li>\n<\/ol>\n\n\n\n

      \uc804\uccb4 \uae00\uc758 \uacb0\ub860\uc744 \ud55c \ubb38\uc7a5\uc73c\ub85c \uc555\ucd95\ud558\uba74,
      \u201c\uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uc911\uad6d\uc0b0\uc744 \ubb34\uc870\uac74 \ub9c9\uac70\ub098 \ubb34\uc870\uac74 \uac1c\ubc29\ud558\ub294 \uc774\ubd84\ubc95\uc5d0\uc11c \ubc97\uc5b4\ub098, \uc911\uad6d\uc758 \uc800\uac00 \uc81c\ud488\uc744 \ud65c\uc6a9\ud560 \ubd84\uc57c\uc640 \uc790\uad6d\uc758 \uc0dd\uc0b0\u00b7\uae30\uc220 \uc5ed\ub7c9\uc744 \uc804\ub7b5\uc801\uc73c\ub85c \uc721\uc131\ud560 \ubd84\uc57c\ub97c \uad6c\ubd84\ud574\uc57c \ud558\uba70, \uc774\ub97c \uc704\ud574 \ud658\uc728\u00b7\ubb34\uc5ed\u00b7\uae08\uc735\u00b7\uc0b0\uc5c5\uc815\ucc45\uc744 \ud558\ub098\uc758 \uc885\ud569\uc801\uc778 \ubc1c\uc804\uc804\ub7b5\uc73c\ub85c \ub2e4\ub904\uc57c \ud55c\ub2e4.\u201d
      \ub294 \uc8fc\uc7a5\uc785\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

      \uc911\uad6d \uc81c\uc870\uc5c5\uc758 \uc555\ub3c4\uc801 \uac00\uaca9\uacbd\uc7c1\ub825\uacfc \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ub300\ud55c \uc2dc\uc0ac\uc810 -Diego Sehinkman\uc774 TN\uc5d0\uc11c \uacbd\uc81c\ud559\uc790 Bernardo Kosacoff\uc640 \uc9c4\ud589\ud55c 2026\ub144 8\uc6d4 17\uc77c \uc778\ud130\ubdf0\uc640 \uad00\ub828\ub41c \ubd84\uc11d\uc774\ub2e4. \ud575\uc2ec \uc8fc\uc81c\ub294 \uacbd\uc81c\ubc1c\uc804\uc5d0\uc11c \uc0dd\uc0b0\uc758 \uc911\uc694\uc131\uacfc \ud604\uc7ac \uc911\uad6d \uc81c\uc870\uc5c5\uc774 \uac00\uc9c4 \uad6c\uc870\uc801\uc778 \uacbd\uc7c1\ub825\uc774\ub2e4. \uadf8\ub7ec\ub098 \uc774\ucc98\ub7fc \ub0ae\uc740 \uc911\uad6d\uc0b0 \uac00\uaca9\uc774 \uae30\uacc4, \uc790\ub3d9\ucc28\ubd80\ud488, \uc804\uc790\uc81c\ud488, \uc790\ubcf8\uc7ac \ub610\ub294 \uce5c\ud658\uacbd \uc0b0\uc5c5 \ub4f1\uc5d0\uc11c \uc7a0\uc7ac\uc801\uc73c\ub85c \uacbd\uc7c1\ub825\uc744 \uac00\uc9c8 \uc218 \uc788\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uad6d\ub0b4 \uc0dd\uc0b0\ub2a5\ub825\uc744 \ud30c\uad34\ud55c\ub2e4\uba74, \uc774\ub294 \ud0c8\uc0b0\uc5c5\ud654\uc640 \uae30\uc220\uc5ed\ub7c9\uc758 \uc0c1\uc2e4\uc744 \ucd08\ub798\ud560 \uc218 \uc788\ub2e4.\ub530\ub77c\uc11c \uc911\uc694\ud55c \uc9c8\ubb38\uc740\u201c\uc911\uad6d\uc5d0 \ub300\ud574 \uc2dc\uc7a5\uc744 \uac1c\ubc29\ud560 \uac83\uc778\uac00, \ubcf4\ud638\ud560 \uac83\uc778\uac00?\u201d\uac00 \uc544\ub2c8\ub2e4.\uc624\ud788\ub824 \ub2e4\uc74c\uacfc \uac19\uc774 \uc9c8\ubb38\ud574\uc57c \ud55c\ub2e4.\u201c\uc5b4\ub5a4 \ubd84\uc57c\uc5d0\uc11c\ub294 \uc911\uad6d\uc758 \ub0ae\uc740 \ube44\uc6a9\uc744 \ud65c\uc6a9\ud558\ub294 \uac83\uc774 \uc720\ub9ac\ud558\uace0, \uc5b4\ub5a4 \ubd84\uc57c\uc5d0\uc11c\ub294 \uad6d\ub0b4 \uc0dd\uc0b0\ub2a5\ub825\uc744 \uc721\uc131\ud558\uace0 \uc911\uad6d\uacfc\uc758 \uc0dd\uc0b0\uc801 \uc0c1\ud638\ubcf4\uc644 \uad00\uacc4 \ubc0f \uae30\uc220\ud611\ub825\uc744 \ubc1c\uc804\uc2dc\ud0a4\ub294 \uac83\uc774 \ubc14\ub78c\uc9c1\ud55c\uac00?\u201d\uc774\ub7ec\ud55c \uc811\uadfc\uc774 \uacbd\uc81c\ud559\uc790 \uc568\ubc84\ud2b8 \ud5c8\uc2dc\uba3c(Albert Hirschman)\uc758 \uc0ac\uace0\ubc29\uc2dd\uc5d0 \ud6e8\uc52c \uac00\uae5d\ub2e4\uace0 \ubcf8\ub2e4.\uc989 \ud604\uc7ac\uc758 \uc815\uc801\uc778 \ube44\uad50\uc6b0\uc704\ub9cc\uc744 \uae30\uc900\uc73c\ub85c \uc0b0\uc5c5\uc744 \uc120\ud0dd\ud558\ub294 \uac83\uc774 \uc544\ub2c8\ub77c, \uc0b0\uc5c5 \uac04 \uc5f0\uacc4\ud6a8\uacfc, \ud559\uc2b5\ud6a8\uacfc, \uadf8\ub9ac\uace0 \uc0c8\ub85c\uc6b4 \ube44\uad50\uc6b0\uc704\ub97c \ucc3d\ucd9c\ud560 \uc218 \uc788\ub294 \ub2a5\ub825\uc744 \uae30\uc900\uc73c\ub85c \uc721\uc131\ud560 \ubd84\uc57c\ub97c \uc120\ud0dd\ud574\uc57c \ud55c\ub2e4\ub294 \uac83\uc774\ub2e4. \uc804\uccb4 \uae00\uc758 \uacb0\ub860\uc744 \ud55c \ubb38\uc7a5\uc73c\ub85c \uc555\ucd95\ud558\uba74,\u201c\uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uc911\uad6d\uc0b0\uc744 \ubb34\uc870\uac74 \ub9c9\uac70\ub098 \ubb34\uc870\uac74 \uac1c\ubc29\ud558\ub294 \uc774\ubd84\ubc95\uc5d0\uc11c \ubc97\uc5b4\ub098, \uc911\uad6d\uc758 \uc800\uac00 \uc81c\ud488\uc744 \ud65c\uc6a9\ud560 \ubd84\uc57c\uc640 \uc790\uad6d\uc758 \uc0dd\uc0b0\u00b7\uae30\uc220 \uc5ed\ub7c9\uc744 \uc804\ub7b5\uc801\uc73c\ub85c \uc721\uc131\ud560 \ubd84\uc57c\ub97c \uad6c\ubd84\ud574\uc57c \ud558\uba70, \uc774\ub97c \uc704\ud574 \ud658\uc728\u00b7\ubb34\uc5ed\u00b7\uae08\uc735\u00b7\uc0b0\uc5c5\uc815\ucc45\uc744 \ud558\ub098\uc758 \uc885\ud569\uc801\uc778 \ubc1c\uc804\uc804\ub7b5\uc73c\ub85c \ub2e4\ub904\uc57c \ud55c\ub2e4.\u201d\ub294 \uc8fc\uc7a5\uc785\ub2c8\ub2e4.<\/p>\n","protected":false},"author":6,"featured_media":14532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-14531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/14531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14531"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/14531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/14532"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}