The report notes that the recovery has come hand-in-hand with the
adoption of a wide range of policy measures that have included the
abandonment of a fixed exchange rate, the renegotiation and reduction of
the external debt, and government intervention in domestic price
formation. Although Argentina’s heterodox mix of measures has, arguably,
underpinned its remarkable economic turnaround, the report states that
the systemic implications for the global economic system of such a
strategy and whether it will prevent another boom-bust cycle in
Argentina remain open questions.
The report also mentions that a successful transition to a sustainable
growth path calls for policy measures to avoid economic overheating and
prevent market distortions from becoming entrenched, and that attracting
investment is important to address emerging supply constraints, and
depends in part on enhancing investor confidence. It also stresses the
importance of the international economic environment, which Argentina
can help shape by continuing to play an active role in the Doha
Development Agenda (DDA)
The report, along with a policy statement by the government of Argentina
will be the basis for the second Trade Policy Review (TPR) of Argentina
by the Trade Policy Review Body of the WTO on 12 and 14 February 2007.
The WTO report, along with a policy
statement by the Government, will be the basis for the Trade Policy
Review (TPR) by the Trade Policy Review Body of the WTO.
following documents are available in MS Word format.
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Trade Policy Reviews are an exercise, mandated in the WTO agreements,
in which member countries’ trade and related policies are examined and
evaluated at regular intervals. Significant developments that may have
an impact on the global trading system are also monitored. For each
review, two documents are prepared: a policy statement by the
government of the member under review, and a detailed report written
independently by the WTO Secretariat. These two documents are then
discussed by the WTO’s full membership in the Trade Policy Review Body
(TPRB). These documents and the proceedings of the TPRB’s meetings are
published shortly afterwards.
copies of previous TPR publications are available for sale from the
WTO Secretariat, Centre William Rappard, 154 rue de Lausanne, 1211
Genève 21 and through the
TPR publications are also available from our co-publisher Bernan Press, 4611-F Assembly Drive, Lanham, MD 20706-4391, United States.
Schedule of forthcoming reviews
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European Communities: 26 and 28
Australia: 5 and 7 March 2007
Canada: 21 and 23 March 2007
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