“The state must intervene to turn economic growth into economic development and economic development into social justice”

 

October 4, 2011

 

The president, Cristina Fernandez de Kirchner, officially presented the Industrial Plan 2020. She highlighted the country’s growth and the role of government in the economy to generate it.

It is no coincidence that the place we decided to present this plan in the deep country, I hate to say interior.

From 2003 to 2008 the industry grew 9.3%, with a small decline in 2009 and already in 2010 reaching 10%. This economic growth has had much to do with the growth of the industry.

While in the world per capita output grew 54% in Argentina grew at 177, far stronger than the density reveals the quality of work. This was mainly due to macroeconomic policies. We have built a policy that in a world like today allows us to stay afloat. We know that this model allows us to continue strong and sustained.

Objectives: investment spending from 24% to 28%. Today Argentina has the highest investment in MERCOSUR, and are second largest in Latin America with investment growth. And we need to achieve higher levels
Duplicate industrial GDP, creating 1 million more jobs, to get 5% unemployment. We are at a 7, 3%, the lowest of for over 20 years, increasing participation of workers in the GDP. Increase exports, imports and trade surplus.

I think there is no one in Argentina or in the world who thinks that the state may be absent in growth. I think everyone has to have its role, we don’t believe in the employer state, because we believe that the private sector is more efficient. We believe that the state must intervene to turn economic growth into economic development and economic development into social justice.