LEADER 03943oam 22009374 450 001 9910155011903321 005 20230913112557.0 010 $a1-4755-5265-3 010 $a1-4755-5268-8 035 $a(CKB)3710000000973046 035 $a(BIP)077143693 035 $a(IMF)1ARGEA2016008 035 $a(EXLCZ)993710000000973046 100 $a20020129d2016 uf 0 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aArgentina : $eSelected Issues 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (145 p.) 225 1 $aIMF Staff Country Reports 311 $a1-4755-5264-5 330 3 $aThis paper discusses Argentina?s investment rate which was well below the average of Latin American countries and that of a peer group of advanced and emerging market countries, with a larger gap in private investment. Raising investment prospects would be essential to boost economic activity. The administration that took office in December 2015 has emphasized the importance of generating an investor friendly environment that allows Argentina to recover some of the growth opportunities lost over the last few decades. Although quantifying the capital accumulation gap is a clearly a difficult task, one way of doing so is to look at the difference between Argentina?s capital-labor ratio and that of the selected peer group of countries. Argentina?s investment rates and capital-output ratios are also compared with estimates of their steady state values derived from standard neoclassical growth models. Argentina?s investment rate would need to increase significantly to eliminate the capital accumulation gap built during the last two decades, and this could significantly accelerate GDP growth. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2016/347 606 $aExports and Imports$2imf 606 $aInflation$2imf 606 $aLabor$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPublic Finance$2imf 606 $aMacroeconomics$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aTrade: General$2imf 606 $aMonetary Policy$2imf 606 $aPublic Administration$2imf 606 $aPublic Sector Accounting and Audits$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aPublic finance & taxation$2imf 606 $aInternational economics$2imf 606 $aPensions$2imf 606 $aMonetary economics$2imf 606 $aInflation targeting$2imf 606 $aFinancial statements$2imf 606 $aExpenditure$2imf 606 $aExports$2imf 606 $aPrices$2imf 606 $aMonetary policy$2imf 606 $aPublic financial management (PFM)$2imf 606 $aExpenditures, Public$2imf 607 $aArgentina$2imf 615 7$aExports and Imports 615 7$aInflation 615 7$aLabor 615 7$aMoney and Monetary Policy 615 7$aPublic Finance 615 7$aMacroeconomics 615 7$aPrice Level 615 7$aDeflation 615 7$aTrade: General 615 7$aMonetary Policy 615 7$aPublic Administration 615 7$aPublic Sector Accounting and Audits 615 7$aNational Government Expenditures and Related Policies: General 615 7$aPublic finance & taxation 615 7$aInternational economics 615 7$aPensions 615 7$aMonetary economics 615 7$aInflation targeting 615 7$aFinancial statements 615 7$aExpenditure 615 7$aExports 615 7$aPrices 615 7$aMonetary policy 615 7$aPublic financial management (PFM) 615 7$aExpenditures, Public 801 0$bDcWaIMF 906 $aBOOK 912 $a9910155011903321 996 $aArgentina$9737372 997 $aUNINA