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Argentina The gap in GDP per capita relative to the upper half of OECD countries remains sizeable, reflecting low productivity and labour utilisation. Investment growth has accelerated, but an important infrastructure gap remains. Poverty and inequality remain high by OECD standards. The quality of education remains poor, contributing to low social mobility. Greenhouse gas emissions per capita are well below the OECD average and population exposure to air pollution is lower than in other emerging-market economies. New sources of renewable energy are being developed. A recent tax reform will reduce highly distortive taxes and strengthen incentives for the formalisation of lowincome earners. Import tariffs have been reduced for selected products and a new competition law has been passed. Progress has also been made on scaling back regressive energy subsidies, freeing resources for spending with a better social and environmental footprint. Reducing trade barriers will allow firms to reap the benefits of integration into the global economy and strengthen competitiveness and export performance. This will translate into more productive and better-paid jobs. More needs to be done in the areas of product market regulation and competition to allow a more efficient allocation of resources. Reducing educational inequalities and improving skills throughout the working life would increase employment and labour productivity. In particular, technical courses will improve the employment prospects of those with low skills. Improving access to quality childcare would encourage higher female labour participation and foster growth and inclusiveness. Growth performance, inequality and environment indicators: Argentina A. Growth Average annual growth rates (%) GDP per capita
2002-08 7.0
C. Gaps in GDP per capita and productivity remain large
2012-18 -1.0
Gap to the upper half of OECD countries3 Per cent 0
B. Inequality and environment Level
-10
2017 Gini coefficient1 Share of national disposable income held by the poorest 20%
GHG emissions per capita2 (tonnes of CO2 equivalent) GHG emissions per unit of GDP2 (kg of CO2 equivalent per USD) Share in global GHG emissions2 (%) * OECD simple average (weighted average for emissions data)
40.6 (31.7)*
2015 8.8 (12.3)* 0.5 (0.3)*
5.2 (7.6)* Average of levels 2010-2012-2015 8.9 (12.8)* 0.5 (0.4)*
0.8
0.8
-20 -30 -40
-50 -60 -70 GDP per capita
GDP per employee
-80
Source: Panel A: OECD, Economic Outlook Database; Panel B: OECD, Income Distribution and National Accounts Databases and World Bank, World Development Indicators (WDI) Database; International Energy Agency (IEA), Energy Database; Panel C: OECD, Economic Outlook Database; International Labour Organisation (ILO), Key Indicators of the Labour Market (KILM) Database. StatLink 2 https://doi.org/10.1787/888933954610