In Argentina, the peso is plunging, inflation is rising, and the state is making deep cuts to its science budget. The lack of money and the faltering economy mean that researchers can’t afford to publish their research or to attend conferences.
As Venezuela’s economic crisis worsens, almost 7,000 Venezuelan engineers have moved to Argentina during the past two years. But Argentina’s economy is staggering, too, and the job market is fiercely competitive, so where does that leave a trained engineer?
Workers from around the world came to Argentina for jobs that would let them send meaningful remittances to family members in their home countries. But Argentina’s peso is rapidly depreciating, and inflation is rising, and now many of these migrant workers are wondering what to do about the plunging values of their remittances and their bank accounts.
Public school classrooms in Buenos Aires are bursting at the seams, but new construction projects are at a standstill. Meanwhile, teachers worry that the poor learning environment will come at a cost for students.
Rents in many informal settlements in Buenos Aires are just as high as rents in the city’s safer districts, which boast better utilities. But many have no choice but to live in the former, because rental contracts in the latter demand costly down payments beyond the reach of many locals.
Argentina’s youth-unemployment rate is above average for the region, and many students graduate only to find a market unsuited to their skills and qualifications. But some young Argentines are taking matters into their own hands: When they can’t find a job, they create one.
With rents in the Argentine capital soaring, subsidy recipients complain that the amounts they receive aren’t keeping up with the increases. When subsidies arrive later and later to pay impatient landlords, as one woman says, “Everything falls apart.”