Overview
- Speaking at the UIA’s annual conference in Buenos Aires, Rocca said macro stabilization must be paired with an explicit industrial strategy.
- He cited a surge in white-goods imports as a competitiveness warning, noting monthly inflows rising year over year from about 5,000 to 87,000 washing machines and from 10,000 to 80,000 refrigerators.
- Rocca called for a national dialogue to determine which industries merit temporary protection and which should face greater openness, with safeguards against unfair trade.
- He urged tax changes focused on reducing informality, incentivizing reinvestment over distributions, and removing export disincentives such as duties on high value-added goods.
- Arguing that resource chains alone are insufficient in a world shaped by China’s excess capacity, he also pressed for labor reform to boost productivity and expand quality formal employment.