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Recommendations include trade liberalization; increased domestic competition; improved infrastructure; less burdensome product market regulation; and tax and labor reform. 2/
#Argentina's alternative future? "Limited catching up vis-à-vis advanced economies." 3/
On the bright side, considering #Argentina's unfavorable legal and policy frameworks, "policies to promote capital and labor utilization promise to have larger payouts, given the size of the gaps accumulated in both areas." 4/
Good news: it seems to me the EU-Mercosur trade deal provides meaningful competitiveness tailwinds, encouraging competition and permitting technology spillovers. 5/
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