Argentina's economic institutions are dysfunctional, but its transformation would harm the central interests of sectors of society with strong economic and political power. A profound reform of the State is a prerequisite for a successful opening of the economy.
The country has stagnated for decades, and gradually acquired the dual social structure characteristic of underdevelopment, says Fuego del Fuega. The opposition of businessmen, workers and provincial governments associated with large industries could be diminished through policies that make them convertible, he says.