The Importance of the Agricultural and Infrastructure Sectors in the Argentinean Economyl
The Importance of the Agricultural and Infrastructure Sectors in the Argentinean Economy Case studies involving the PMP (policy making process)
A key feature of economic development in Argentina has been its high economic volatility which has encompassed periods of high economic growth and high productivity gains followed by periods of persistent under performance ending in severe crisis damaging overall productivity. Considering the last crisis of four decades ago, the overall balance of economic and social progress has been highly disappointing.
Exploring the reasons for this outcome is a complex task, as such in this paper, several key economic and institunational features will be highlighted in order to represent an important part of the three fold problem. Firstly a brief review will be made of the policy making process in Argentina (PMP).Secondly, focus will be given to the productivity issues of two sectors at the overall level, whereby case studies on the infrastructure and agricultural sectors will allow illustration of the outcomes of activity in both sectors under the associated policy making process.
The configuration and workings of political institutions in Argentina are not conducive to effective compromise and cooperation.
In sum, what exists in Argentina is a configuration that fosters non cooperative behaviour in the policy making process .Key actors either have short horizons ,wrong incentives or both Some potentially important actors such as legislators, justices or key civil servants have very short horizons. The potentially long lived and powerful governors have only marginal incentives towards the provision of public goods, and political bargains take place in executive quarters, in meetings of the president with governors, or occasionally in meetings of national party leaders, where no structure has been put in place for the institutional enforcement of bargaining.
Public policies in
A key feature of economic development in Argentina has been its high economic volatility which has encompassed periods of high economic growth and high productivity gains followed by periods of persistent under performance ending in severe crisis damaging overall productivity. Considering the last crisis of four decades ago, the overall balance of economic and social progress has been highly disappointing.
Exploring the reasons for this outcome is a complex task, as such in this paper, several key economic and institunational features will be highlighted in order to represent an important part of the three fold problem. Firstly a brief review will be made of the policy making process in Argentina (PMP).Secondly, focus will be given to the productivity issues of two sectors at the overall level, whereby case studies on the infrastructure and agricultural sectors will allow illustration of the outcomes of activity in both sectors under the associated policy making process.
The configuration and workings of political institutions in Argentina are not conducive to effective compromise and cooperation.
In sum, what exists in Argentina is a configuration that fosters non cooperative behaviour in the policy making process .Key actors either have short horizons ,wrong incentives or both Some potentially important actors such as legislators, justices or key civil servants have very short horizons. The potentially long lived and powerful governors have only marginal incentives towards the provision of public goods, and political bargains take place in executive quarters, in meetings of the president with governors, or occasionally in meetings of national party leaders, where no structure has been put in place for the institutional enforcement of bargaining.
Public policies in
Bibliography: www.iadb.org › IDB Home › News Infrastructure and Location of Foreign Direct Investment Public Policy Making in Argentina The Political Economy of Productivity in Argentina: Interpretation and Illustration The Agricultural sector in Argentina: Major trends and recent Developments