FINANCIAL DIPLOMACY WITH NON TRADITIONAL CREDIT SOURCES DURING THE MAURICIO MACRI’S ADMINISTRATION. THE CASES OF CHINA, QATAR AND UNITED ARAB EMIRATES (2015-2017)

Abstract

This article aims to analyze the financial diplomacy initiatives undertaken by Mauricio Macri's administration towards China, Qatar and United Arab Emirates. The interest in addressing these actions is based on the fact that they were transcendental for the administration's global financial insertion. In this respect they allowed the strengthening of Central Bank's reserves and the settling of the National State's financing needs –especially in infrastructure- after the agreement with the holders of government securities that had not accepted the exchange offers. The hypothesis holds that both the modalities and the results obtained in national financial diplomacy initiatives with non-traditional credit sources were conditioned by the pattern to the financing pattern of the country's counterparts. Regarding the methodological design, the work is based on a pre-eminently qualitative design. In this context it collects and analyzes data in both primary and secondary sources.