Radical reform for Argentina

The reform agenda of the new President of Argentina is bold, and much needed (inflation at 160%). It includes:

  • Elimination of a law regulating rent
  • Abolish rules preventing the privatization of state enterprises.
  • Modernization of labor law to facilitate the process of creating real jobs
  • A series of deregulatory measures affecting tourism, satellite internet services, pharmaceuticals, wine production and foreign trade.
  • Spending cuts equivalent to five percent of gross domestic product
  • Huge cuts in generous state subsidies of fuel and transport
  • A halt to all new public construction projects
  • A year-long suspension of state advertising

I hope he succeeds!

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