Argentina’s Productive Development Policies: Post-Pande mic Strategies and Instruments
DOI:
https://doi.org/10.59339/de.v64i243.701Keywords:
Argentina; productive development policy; structural change; developing countries; taxonomy; industrial policyAbstract
Globally, there has been a resurgence of interest in industrial policies, but there are still few empirical studies and a diversity of definitions prevails. In this context, we believe it is important to understand what the productive development policies (PDP) were in Argentina after the COVID-19 pandemic and how they were justified. Through a detailed analysis of the instruments used and the strategic plans, and using a definition and a taxonomy that allow us to make international comparisons, it is estimated that the country invested around 1% of GDP in these policies in 2021-2022. This figure is higher than that of other countries in the region and lower than that of developed countries. Likewise, it is identified that the PDPs were justified based on the need for economic reactivation, the trengthening of the productive sector and competitiveness, and inclusive and sustainable development. Most of the instruments intervene directly in the productive activities of companies. In terms of objectives, they focus on supporting small and medium-sized enterprises, promoting financial inclusion and fostering the adoption of technologies.
Downloads
References
Agosin, M.R., Urzúa, S., Wagner, R., Trejos, A., De Olloqui, F., Pietrobelli, C., Rasteletti, A., Stein, E.H., Fernández-Arias, E. and Crespi, G. (2014). ¿ Cómo repensar el desarrollo productivo?: políticas e instituciones sólidas para la transformación económica. Inter-American Development Bank.
Aizenman, J. (2003). 'Volatility, employment and the patterns of FDI in emerging markets'. Journal of Development Economics, 72 (2), pp.585–601.
Arza, V. and Brau, W. (2021). 'El péndulo en números'. Desarrollo económico, 61 (233), pp.1–29.
Arza, V., del Castillo, M., Aboal, D., Pereyra, M., Rodríguez Cuniolo, E., Ferraro, C., Sivori, P. and Paz, J. (2018). 'Las Políticas de Desarrollo Productivo en Argentina'. Informes Técnicos, 10.
Baruj, G., Kosacoff, B. and Ramos, A. (2009). 'Las políticas de promoción de la competitividad en la Argentina: principales instituciones e instrumentos de apoyo y mecanismos de articulación público-privada'. Available [Online] at: https://hdl.handle.net/11362/3662. [Last accessed 31 October 2024].
Baruj, G. and Porta, F. (2006). Políticas de competitividad en la Argentina y su impacto sobre la profundización del MERCOSUR. Comisión Económica para América Latina y el Caribe. Available [Online] at: https://www.cepal.org/es/publicaciones/4145-politicas-competitividad-la-argentina-su-impacto-la-profundizacion-mercosur. [Last accessed 31 October 2024].
Becker, G. (1985). 'The Best Industrial Policy Is None at All'. BusinessWeek, August 25, 1985.
Cassini, L. and Schorr, M. (2022). 'Industria Argentina: Oportunidades para la Sustitución de Importaciones y desafíos de Política industrial'. Available [Online] at: https://ri.conicet.gov.ar/handle/11336/206570. [Last accessed 1 November 2024].
CEPAL (2024). Panorama de las Políticas de Desarrollo Productivo en América Latina y el Caribe, 2024: ¿Cómo promover la gran transformación productiva que requiere la región? Comisión Económica para América Latina y el Caribe. Available [Online] at: https://www.cepal.org/es/publicaciones/80641-panorama-politicas-desarrollo-productivo-america-latina-caribe-2024-como. [Last accessed 12 November 2024].
Cimoli, M., Dosi, G., Nelson, R. and Stiglitz, J.E. (2009). '2 Institutions and Policies Shaping Industrial Development: An Introductory Note'. In M. Cimoli, G. Dosi, and J. E. Stiglitz (Eds.), Industrial Policy and Development: The Political Economy of Capabilities Accumulation. Oxford University Press, p.0. Available [Online] at: https://doi.org/10.1093/acprof:oso/9780199235261.003.0002. [Last accessed 4 November 2024].
Coatz, D. and Schteingart, D.M. (2016). 'La industria argentina en el siglo XXI: entre los avatares de la coyuntura y los desafíos estructurales'. Available [Online] at: https://ri.conicet.gov.ar/handle/11336/107105. [Last accessed 25 October 2024].
Cornick, J. (2016). 'Políticas de desarrollo productivo en América Latina: Discusiones recientes, creación de empleo y la OIT'. Lima: OIT, Oficina Regional para América Latina y el Caribe.
Criscuolo, C., Díaz, L., Lalanne, G., Guillouet, L., Put, C.-É. van de, Weder, C. and Deutsch, H.Z. (2023). 'Quantifying industrial strategies across nine OECD countries'. OECD Science, Technology and Industry Policy Papers, June 2023 (150), p.52.
Criscuolo, C., Gonne, N., Kitazawa, K. and Lalanne, G. (2022). An industrial policy framework for OECD countries: Old debates, new perspectives. Paris: OECD. Available [Online] at: https://www.oecd-ilibrary.org/science-and-technology/an-industrial-policy-framework-for-oecd-countries_0002217c-en. [Last accessed 31 October 2023].
Criscuolo, C., Lalanne, G. and Díaz, L. (2022). 'Quantifying industrial strategies (QuIS): Measuring industrial policy expenditures'. OECD Science, Technology and Industry Workin Papers 2022/05, p.42.
Diamand, M. (1984). El péndulo argentino:¿ hasta cuando? CERES, Centro de Estudios de la Realidad Económica y Social.
DiPippo, G., Mazzocco, I., Kennedy, S. and Goodman, M.P. (2022). Red Ink: Estimating Chinese Industrial Policy Spending in Comparative Perspective. CSIS.
Evenett, S., Jakubik, A., Martín, F. and Ruta, M. (2024). 'The return of industrial policy in data'. The World Economy, 47 (7), pp.2762–2788.
Gaite, P. (2023). 'Del Dicho Al Hecho. La Política Industrial Argentina En La Posconvertibilidad'. ESTUDIOS ECONÓMICOS, XL (80), pp.131–164.
Grazzi, M., Pietrobelli, C. and Szirmai, A. (2016). 'Determinants of Enterprise Performance in Latin America and the Caribbean: What Does the Micro-Evidence Tell Us?'. In Inter-American Development Bank, M. Grazzi, and C. Pietrobelli (Eds.), Firm Innovation and Productivity in Latin America and the Caribbean: The Engine of Economic Development. New York: Palgrave Macmillan US, pp.1–36. Available [Online] at: https://doi.org/10.1057/978-1-349-58151-1_1. [Last accessed 4 November 2024].
Juhász, R., Lane, N., Oehlsen, E. and Pérez, V.C. (2022). 'The who, what, when, and how of industrial policy: A text-based approach'. What, When, and How of Industrial Policy: A Text-Based Approach (August 15, 2022).
Juhász, R. and Lane, N.J. (2024). 'The Political Economy of Industrial Policy'. Available [Online] at: https://www.nber.org/papers/w32507. [Last accessed 27 May 2024].
Juhász, R., Lane, N.J. and Rodrik, D. (2023). 'The New Economics of Industrial Policy'. Available [Online] at: https://www.nber.org/papers/w31538. [Last accessed 7 August 2023].
Juhász, R. and Steinwender, C. (2023). 'Industrial Policy and the Great Divergence'. Available [Online] at: https://www.nber.org/papers/w31736. [Last accessed 3 October 2023].
Katz, J. (2023). '¿Quo vadis, América Latina? Las dos caras del nuevo capitalismo latinoamericano.'. Revista de La CEPAL, (140), pp.7–22.
Kulfas, M. (2024). 'El eterno resplandor de una Argentina sin recuerdos. Argentina en un nuevo periodo presidencial y una nueva crisis económica'. Documento de Trabajo. Fundación Carolina, (93).
Lane, N. and Juhász, R. (2023). 'Economics Must Catch Up on Industrial Policy'. In B. Fox and A. Shi (Eds.), The Debate Over Industrial Policy. ProMarket. Chicago: The Stigler Center at the University of Chicago Booth School of Business.
Lauxmann, C., Juárez, J., Lauxmann, C. and Juárez, J. (2024). 'Consideraciones sobre política industrial para el cambio estructural de espacios periféricos en el siglo XXI'. Sociedad y Economía, (52). Available [Online] at: http://www.scielo.org.co/scielo.php?script=sci_abstract&pid=S1657-63572024000200006&lng=en&nrm=iso&tlng=es. [Last accessed 4 November 2024].
Lavarello, P. and Mancini, M. (2017). 'Política industrial y recuperación manufacturera en Argentina'. Available [Online] at: https://hdl.handle.net/11362/43931. [Last accessed 4 November 2024].
Lavarello, P. and Sarabia, M. (2015). La política industrial en la Argentina durante la década de 2000. Comisión Económica para América Latina y el Caribe. Available [Online] at: https://www.cepal.org/es/publicaciones/39886-la-politica-industrial-la-argentina-durante-la-decada-2000. [Last accessed 31 October 2024].
MECON (2011). Instrumentos para el desarrollo productivo en la Argentina: políticas de incentivo a la producción. Buenos Aires: Ministerio de Economía y Finanzas Públicas, Secretaría de Política Económica, Subsecretaría de Coordinación Económica, Dirección de Coordinación de Políticas Productivas.
Ministerio de Desarrollo Productivo (2021a). 'Estrategia y acciones para el Desarrollo Productivo 2020-2023'. Available [Online] at: https://www.argentina.gob.ar/sites/default/files/2021/09/estrategia_para_el_desarrollo_productivo_-_2020-2023_0.pdf.
Ministerio de Desarrollo Productivo (2021b). 'Plan Operativo Anual 2021'. Available [Online] at: https://www.argentina.gob.ar/sites/default/files/plan_operativo_anual_2021.pdf.
Odisio, J. and Rougier, M. (2024). 'Industrialization in Argentina Since 1870: Ideas, Policies, and Evolution'. In M. Kipping, T. Kurosawa, and D. E. Westney (Eds.), The Oxford Handbook of Industry Dynamics. Oxford University Press, p.0. Available [Online] at: https://doi.org/10.1093/oxfordhb/9780190933463.013.52. [Last accessed 26 August 2024].
Porta, F. (2015). 'Trayectorias de cambio estructural y enfoques de política industrial: una propuesta a partir del caso argentino'. Available [Online] at: https://hdl.handle.net/11362/39642. [Last accessed 4 November 2024].
Rodrik, D. and Stiglitz, J.E. (2024). 'A New Growth Strategy for Developing Nations'.
United Nations (2015). 'Transforming our world: the 2030 Agenda for Sustainable Development'. Available [Online] at: https://sustainabledevelopment.un.org/post2015/transformingourworld/publication.
Van Reenen, J. (2023). 'The Case for Green Industrial Policy'. In B. Fox and A. Shi (Eds.), The Debate Over Industrial Policy. ProMarket. Chicago: The Stigler Center at the University of Chicago Booth School of Business, pp.42–47. Available [Online] at: https://www.chicagobooth.edu/-/media/research/stigler/pdfs/promarket-industrial-policy-volume-1.pdf.
Warwick, K. (2013). Beyond Industrial Policy: Emerging Issues and New Trends. Paris: OECD. Available [Online] at: https://www.oecd-ilibrary.org/science-and-technology/beyond-industrial-policy_5k4869clw0xp-en. [Last accessed 3 November 2023].
Weiss, J. (2015). 'Taxonomy of industrial policy'. United Nation Industrial Development Organization.
Downloads
Additional Files
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Manuscript acceptance by the Journal implies the simultaneous non-submission to any other journal or publishing house, and the non-exclusive transmission of the author´s patrimonial rights in favor of the editor, who allows the post-print version use, under the Licencia Creative Commnos Atribución-NoComercial-Compartir Obras Derivadas Igual 4.0 Internacional (CC-BY-NC.SA 4.0) (http://creativecommons.org/licences/by-nc-sa/4.0/deed.es). Articles can be shared, copied, distributed, modified, altered, transformed into a derivative work, executed and publicly communicated, provided a) the authors and the original publication (Journal, Publisher and URL) are mentioned, b) they are not used for commercial purposes, c) the same terms of the license are maintained.
It is hereby stated that the mentioned manuscript has not been published and that it is not being printed in any other national or foreign journal.
The authors hereby accept the necessary modifications, suggested by the reviewers, in order to adapt the manuscript to the style and publication rules of this Journal.
