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With research staff from more than 60 countries, and offices across the globe, IFPRI provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries.

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Samuel Benin

Samuel Benin is the Acting Director for Africa in the Development Strategies and Governance Unit. He conducts research on national strategies and public investment for accelerating food systems transformation in Africa and provides analytical support to the African Union’s CAADP Biennial Review.

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Where we work

IFPRI currently has more than 600 employees working in over 80 countries with a wide range of local, national, and international partners.

Retentions: myths and truths of one of the most controversial taxes in Argentina (Yahoo Finance) 

June 02, 2022


Yahoo Finance (Spain) published an article stating that export rights (withholdings) have been in the Argentine public conversation for weeks. The debate is between very different viewpoints: insists that they are the necessary tools to “decouple” internal prices from external ones and from different sectors they assure that he overestimates this incidence. That is the first dividing line, that of those who understand that the tax benefits consumers and those who do not. The other, very marked, is between those who interpret that it is a “retrograde” charge used in international trade half a century ago and those who still see sense in it. Senior research fellow and Head of the Latin American and Caribbean program at IFPRI, Eugenio Díaz-Bonilla, said, “No economic policy measure should be looked at individually but rather in context; in this case in the price equation for the producer in which, in addition to the cargo, the world price and the exchange rate count.” Díaz-Bonilla also emphasizes that making domestic prices lower than international prices is one thing, but inflation “is different; it is a discussion of another level.” He also mentions that two points of GDP were lost and that has global effects on the economy that also affects producers.” He describes that there are countries with competitive natural resources, they do not use withholdings but production taxes to absorb part of the income and points to the case of Norway with oil and the creation of a fund. 

 

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