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Argentinas economy is a mess because of a long history of corruption. The CCP embraces markets while also having state ownership of everything by basically acti
by HDThoreaun 2y ago
Argentinas economy is a mess because of a long history of corruption. The CCP embraces markets while also having state ownership of everything by basically acting as venture capital funding different companies combined with heavy subsidies. So the 5 year plans are for signaling for which industries are going to get funding in the near future. My understanding is that this does have a pretty big impact and funding priorities change pretty drastically based off these plans.
- culopatin 2y agoNot to mention the orders of magnitude of difference in population capital and that the people of Argentina are not under a regime that promotes basically slave labor for the benefit of their economy. Even if they did I don’t think they’d be able to produce as much just because they don’t have enough people.