LatinNews Regional Monitor: Brazil & Southern Cone - 20 March 2018

Argentina: The Organisation for Economic Co-operation and Development (OECD) has recommended Argentina to promote equality in business and education in its new ‘Going for Growth 2018’ report released on 19 March. The report, which analyses the economic policies and performances of the G-20 group of industrialised countries, recognised that there is a large gap in GDP per capita between Argentina and other G-20 countries. High poverty and inequality, as well as low employment and education, have kept investment and infrastructure stagnant in Argentina in the past year. To address this, the OECD recommends that Argentina reduce barriers to trade and new businesses; increase the efficiency of its tax system; and improve equity in education to foster growth. The report specifically focused on Argentina’s gender gap in education and employment and promoted equality for women in science, technology, engineering & mathematics (STEM) and vocational training; access to quality childcare; and public information campaigns to draw attention to inequality. Argentina was also advised to prioritise the implementation of recent economic reforms such the tax reform to reduce taxes for low-income employees, the entrepreneurship law to encourage the creation of new businesses, and the new public-private partnership law to help fund infrastructure projects.

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