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Eudelia stirs a large metal pot with energy. The cook has been making lunches and snacks for more than a decade. She says that, although things have been difficult for years, she has noticed changes in the last few months. The story repeats itself in every corner of Argentina. The nation is mired in an almost unprecedented crisis. Economic stagnation, coupled with record annual inflation of more than per cent, has led to a rising poverty rate, which is projected at almost 60 percent, according to a study by the Catholic University of Argentina, the highest it has recorded in 20 years. UNICEF warns that if the government does not increase social spending, child poverty could reach 70 percent before the end of the year. So far, the libertarian leader has introduced a sharp devaluation of the local currency and an abrupt cut in public spending, which includes support for the soup kitchens on which millions of people depend. Milei says this is the only way to get the country back on track. And that it is working. Fiscal accounts have shown a positive balance for the first time since and inflation dropped in February. The President is now promising more cuts. In marginalised neighbourhoods across Argentina, the impact of the crisis runs deep, to the dining tables and the nameless corridors. There is fear for what is to come. Until the end of , Fernanda was in charge of a social programme for the urbanisation of marginalised areas. The programme was notable in that it encouraged the participation of the local community in decision making and employed local labour. It was a win-win situation. Now, what are they going to do? I'm afraid of what will happen when the cooperative is no longer there to contain them, when the state is no longer there,' she says, explaining that the lack of integration programmes is tantamount to opening the doors wide to criminal gangs seeking to control territories. The equation is relatively simple, and frightening. With a broken economy, fewer opportunities in the formal economy, more poverty and marginalisation, the appeal of what criminal groups offer grows: making money, a sense of belonging, local power. Now we see that there is more drug consumption and if there is more demand and more people who want to consume, the drug-dealers are not going to take long to arrive, to look for a way in. All of that is related to the crisis. What kind of relationship can you build with children who are like zombies? In addition, there are those who identify who the most vulnerable young people within the neighbourhoods are, those who care for their loved ones or who have just come out of school — those who are less likely to say 'no' to being recruited as cheap labour. There are many young people who are completely alone. People who live on dirt floors and without electricity. What are all these teenagers going to do? The kids who come out of prison and return to these contexts, what are they going to do? In the urgency of bringing money home, they go there to sell drugs. They don't see anything else,' the leader explained. Analysts say that beyond worsening social conditions, the economic crisis may change the criminal dynamics of the cocaine market in the mid and long run. Firstly, they explain that the devaluation of the local currency against the US dollar can have an impact on the dynamics of the cocaine trade. Secondly, even though the illicit drug market has greater elasticity in terms of supply and demand, a severe economic crisis can affect this and generate changes in consumer markets. The dilemma is whether to raise the price, lower the quality, or both,' said Flom. Argentina is one of the largest cocaine consumption markets in Latin America and the market has increased in recent years, according to UN data. Third, local changes in the context of the ongoing crisis create an environment that facilitates money-laundering. Even if you end up dead or in prison. I said to one boy 'You're going to die if you go on like this. She is the co-founder and Editorial Director of In. Visibles, a new outlet that analyses the dynamics of criminal organisations, illegal markets and their impact on marginalised populations across Latin America. Read more Dominant Messi in no rush to walk away from Argentina. Obscurity obstructs security. Milei the Great or Milei the Footnote? Milei and the uses of fanaticism. Image Gallery. Josefina Salomon. More in in spanish. Most viewed. Most viewed of Perfil.

Poverty, marginalisation and cocaine: Criminal gangs find lucrative combo in Argentina

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