Previously undermined by high inflation rates and currency controls, the real estate market in Argentina has been undergoing a transformation as a result of the measures taken by President Mauricio Macri’s administration. The Greater Buenos Aires region, for example, is home to a wide variety of residential, retail, office and industrial offers that make up a diversified property market.…
An increasingly open market and policies to boost inclusivity are benefitting construction in Argentina. For example, a more transparent measure to subsidise mortgages for homebuyers has replaced supply-side stimulus packages, which should help disadvantaged populations. Meanwhile, efforts are being made to bridge the infrastructure gap and formalise labour. Sector Performance Following a…
In line with global trends, IT development in Argentina has accelerated in recent years, improving connectivity, productivity and social inclusion. Since the introduction of the Promotion of the Software Industry Law (Ley de Promoción de la Industria del Software, LPIS) in 2004, Argentina has developed its software and information services. The sector adequately met the growing demand for computing…
Although Argentina has some of the most advanced telecoms infrastructure in Latin America, scarce competition in broadband and mobile services has restricted sector dynamism. Since assuming office in 2015, President Mauricio Macri has introduced several laws enabling licensed operators to provide multiple services as part of efforts to attract investment, increase competition and enhance…
A paved road network extending almost 80,000 km, the largest train network in South America, 50 commercial harbours and 54 airports form Argentina’s transport system, which caters to 43m inhabitants and 500m-700m tonnes of freight each year. Though expansive, the Argentine transport network has a lot of room for improvement when compared to its regional neighbours. In its 2016 “Highways…
No area of the economy has felt the turnaround from the election of President Mauricio Macri more sharply than the agriculture sector. The country’s vast agricultural plains, known as the pampa húmeda, are one of the world’s great breadbaskets, but years of state intervention in the sector have diminished crop diversity and led to falling exports. However, the new government’s pro-market stance…
Investments in R&D and innovation have been on the rise in Argentina, driven largely by greater government commitment to sector development. It was to this end that the Ministry of Science, Technology and Productive Innovation (Ministerio de Ciencia, Tecnología e Innovación Productiva, MINCyT) was created in 2007. Public investment growth has been repaid in terms of institutional strengthening…
Argentina boasts one of the best education systems in Latin America, in terms of both attainment and funding of institutions. More than 98% of citizens over the age of 15 are literate, and public and private universities frequently perform well – along with Chilean and Brazilian institutions – in global rankings systems. The focus of reform under President Mauricio Macri has been…
Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas exploration and extraction, and value-add processes…
The Argentine health care system is divided into three subsectors. The public sector assists both those citizens without health insurance, mainly from low-income backgrounds, and includes public hospital provision while also providing health plans for retirees and government employees at a national and provincial level, including the military and police. A second sector is run by trade…
