The opening to imports allowed an unprecedented takeoff in industrial activity since 1989, but the reversal of reforms precipitated a brutal fall of more than 9% since 2011.
Contrary to Kirchner's rhetoric, greater openness to international trade allowed a strong take-off in industrial activity between June 1989 and the first half of 2011, only interrupted by the oscillations of Argentina's unstable macro-economy.
The openly protectionist discourse of President Alberto Fernández and Minister Subscribe to our Premium Membership Plan. Already Subscribed? Login Here