Overview
- The warning appears in the OECD’s Latin America outlook published Friday, which assesses Argentina’s post-2023 policy overhaul.
- The report characterizes the “chainsaw plan” as a radical liberalization strategy that does not fit a traditional productive development plan.
- OECD analysts cite primary budget surpluses in most months of 2024 following discretionary cuts to capital spending.
- The assessment highlights labor-market changes, streamlined business rules, lower trade barriers and incentives for private investment.
- The organization flags major implementation challenges and cautions that Argentina’s long-built industrial capabilities could be weakened rather than strengthened.