Constraints to productive investment as obstacles to development. The case of Argentina
Abstract
This paper remarks the role of investment not only to
allow the accumulation of productive factors, but also to
promote the generation and absorption of technology to
make possible a process of export diversification. Then,
an analysis of which are the obstacles for the expansion
of investments in the Latin American economies, with
particular reference to the Argentina, is undertaken. It
takes into account factors linked both to the characteristics
or the productive structure and to the implementation
of ineffective public policies. In that context productive
policies are presented us a crucial instrument to counteract
those obstacles and a set of instruments linked to
market interventions and to the provision of public goods
are introduced taking into account their interaction at the
horizontal and vertical level