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Argentina towards the OECD, with an axis in development

2023-05-30T11:41:46.792Z

Highlights: Argentina's entry to the OECD is carried out in a full act of sovereignty of foreign policy. The OECD is the true international and bureaucratic structure that allows building standards and parameters for equitable development. Argentina's incorporation into this international institution could be the result of a Constitutive Pact of State Policies for Development, which obliges us to sustain for 15 or 20 years a set of stable policies, based on credibility, the rule of law and equity. This would only be possible with a political class willing to maintain the aforementioned agreement from the political and parliamentary coalitions.


Argentina towards the OECD, with an axis in development


We have learned much from the lessons of history, where Argentina failed to harmonize its foreign policy with changes in the international system. Although the world is moving towards a scenario of geographical power in the Indo-Pacific area, its institutional structure is based on four major pillars that make up global governance.

First, the United Nations as an international political and security structure. Secondly, the World Trade Organization that organizes the economic dynamics of the world. Third, international lending agencies, such as the International Monetary Fund and the World Bank, among others, that give the financial dynamics to the global system. Fourthly, the Organisation for Economic Co-operation and Development (OECD) as a body for development policies and instruments.

This organization, heir to the Marshall Plan – which achieved the reconstruction and international reintegration of Europe – preserves in its institutional memory those good practices that allowed the sustained growth of the countries of the first world and are now doing so with the countries of the periphery.

Although the G20 appears as the non-institutionalized global political space par excellence – of which Argentina is also part – the OECD is the true international and bureaucratic structure that allows building standards and parameters for equitable development. This is materialized through good practices, peer review and the legitimization of each of the measures adopted by the parliaments of the member countries.

The entrance to this organization is carried out in a full act of sovereignty of foreign policy, which articulates in a positive way the development, autonomy and international insertion from three aspects.

First of all, all the actions of this organization are taken unanimously. In turn, the country that abstains is not liable to receive the demands of the Organization. Therefore, although it is very strict in the measures it applies and is based on a scientific and empirical character, the country maintains a high degree of autonomy from its decisions.

Secondly, the concepts of soft governance - in that there are no disciplinary or coercive mechanisms in the face of non-compliance by countries - and soft law, in which there are no binding rules of sanction.

Thirdly, the concept of development in transition, which was developed by the OECD, the European Commission and ECLAC, which articulates the Sustainable Development Goals (SDGs) and international cooperation, as well as the multidimensional nature of development and South-South cooperation.

It is noteworthy that the 38 countries that constitute it and its key partners, make up 80% of world trade and global foreign direct investment. Likewise, the coordination between China and the OECD on issues such as competition policies, regulatory reforms, fiscal and financial instruments and, above all, the entry in 2015 of this power to the Development Center of the organization is highlighted.

Argentina's incorporation into this international institution could be the result of a Constitutive Pact of State Policies for Development, which obliges us to sustain for 15 or 20 years a set of stable policies, based on credibility, the rule of law and equity.

This would only be possible with a political class willing to maintain the aforementioned agreement from the political and parliamentary coalitions, and only discuss in the electoral scenarios, the improvement of these development standards, which have proven to be the only way to the well-being of the peoples.

Source: clarin

All news articles on 2023-05-30

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