TAG: Argentina
Against the backdrop of broader fiscal reform being carried out in the country, the results of the inaugural Oxford Business Group Business Barometer: Argentina CEO Survey highlight several facets of the local business environment that C-suite executives see as in need of improvement. For example, 96% of respondents consider the country’s current tax environment to be uncompetitive or very uncompetitive on a global scale, while 59% describe the ease of accessing credit as difficult or very difficult.
In the face of a rising US dollar and a global trend towards protectionism that affects some of the globe’s globe's major economic powers, the leading markets of Latin America find themselves with an opportunity to work on enhancing regional trade.
In a land of great diversity and culture, Argentina seeks to unlock the potential of its natural resources