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portada Strengthening Argentina's Integration Into the Global Economy: Policy Proposals for Trade, Investment, and Competition (International Development in Focus) (in English)
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
170
Format
Paperback
ISBN13
9781464812750
Categories

Strengthening Argentina's Integration Into the Global Economy: Policy Proposals for Trade, Investment, and Competition (International Development in Focus) (in English)

Martha Martínez Licetti; Mariana Iootty; Tanja Goodwin (Author) · World Bank Publications · Paperback

Strengthening Argentina's Integration Into the Global Economy: Policy Proposals for Trade, Investment, and Competition (International Development in Focus) (in English) - Martha Martínez Licetti; Mariana Iootty; Tanja Goodwin

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Synopsis "Strengthening Argentina's Integration Into the Global Economy: Policy Proposals for Trade, Investment, and Competition (International Development in Focus) (in English)"

Integration into global markets can improve the efficiency of the Argentinian economy, providing opportunities for private investment to flourish and for the associated benefits to accrue to consumers. Among many policies that are important for integrating into the global economy, particularly relevant are trade, investment, and competition policies. They all share a common attribute: the capacity to shape the incentives of firms to improve resource allocation and to strengthen productivity while integrating into international markets. Once properly combined, investment, trade, and competition polices have mutually reinforcing relationships in the sense that growth dividends stemming from reforms in one policy area are reinforced when properly combined with reforms in the other two. Against this backdrop, this report follows a three-pronged approach. It presents a set of robust empirical analyses †“ drawing from both general and partial equilibrium exercises - to assess the potential impacts from trade, competition, and investment policy reforms. It offers a new comparative review of international experience with structural microeconomic reform programs to bring insights for Argentina’s design and sequencing of such reforms. Finally, it presents individual reform recommendations for each institution in charge of the three respective policy areas in an integrated step-by-step framework from the firm perspective to illustrate the critical challenges to investment and internationalization for Argentinian firms.

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