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it's important to not feed the corrupt market participants, because they crowd out the actually productive ones. yes, laws against corruption and waste, enforc
by pas 2y ago
it's important to not feed the corrupt market participants, because they crowd out the actually productive ones.
yes, laws against corruption and waste, enforcement of said laws are how it should start. then with better accountability, transparency, mandatory reporting, and related regulations (and databases) are in place the old rentseeking organizations can be eliminated.
without those instruments what remains is just a blunt tool.
the question is ... if the government withdraws from sectors is there even any chance for legitimate businesses to move in or the old guard will just put their hands on these new relatively lucrative areas too?
usually inviting foreign companies helps. how easy it is to do business in Argentina? (official dollarization would definitely help ... after all it already happened in the actual economy ... https://cpsi.media/p/why-and-how-to-dollarize-argentina https://cpsi.media/p/why-and-how-to-dollarize-argentina )