The continued liberalisation of the Argentine economy has been a boon for local industry. Pro-business reforms implemented by the administration of President Mauricio Macri, as well as the recovery of the Brazilian economy, have helped manufacturing begin to rebound from a period of stagnation that began in 2015 with the onslaught of the wider...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the displacement of human labour by...
After the manufacturing industry, the wholesale, retail and repairs sector is the second-largest component of Argentine GDP, contributing 13% in 2017, according to the National Institute of Statistics and Censuses (Instituto Nacional de Estadística y Censos, INDEC). As with other sectors, the effects of the economic recession that began in 2015 are still being felt. Rising...
Below the dry rocky earth of Neuquén Province lies one of the world’s most exciting energy prospects. The Vaca Muerta rock formation is found at depths of 1000-3000 metres, and covers an area of 30,000 sq km – similar in size to Belgium. The formation was given its name in 1931 by a geologist from the US who discovered its hydrocarbons content...
In a 3000-sq-km area traversing northern Argentina and neighbouring Chile and Bolivia lies the so-called “lithium triangle” an area estimated to hold over half the world’s lithium deposits. As demand surges for the products that use lithium-ion batteries – among them electric cars, cell phones and renewable energy projects – major electronics...
Over the last 20 years the fortune of the Argentine economy has been closely tied to one commodity: natural gas. In the 1990s, a time of economic boom for the country, the construction of combined-cycle power stations allowed Argentina to produce plentiful and inexpensive energy from its conventional gas fields in the south and west. Industry forecasts were so optimistic that...
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