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OECD Territorial Reviews: Córdoba, Argentina

image of OECD Territorial Reviews: Córdoba, Argentina

This report examines the Province of Córdoba, Argentina, and provides recommendations for the design of a regional competitiveness strategy as well as the governance structure needed to implement it. Over the past decade, Córdoba has experienced sustained economic growth and widespread improvements in the standard of living. However, the provincial economy is at a pivotal point: it is still highly reliant on traditional manufacturing and commodities, a model that may no longer be sufficient for the future. Córdoba’s challenges and opportunities are the same as those found in many OECD regions and require a renewed development strategy, one that builds on key assets and focusses on closing crucial infrastructure gaps. Investments in skills, research, and innovation are essential to propel the province into higher-value-added segments of production chains. At the same time, Córdoba needs to shift from a sectoral approach to an integrated, activity-focused strategic plan, in which the entire territory (cities and regions) becomes a platform for innovation and fosters new economic opportunities.

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Note on the statistical emergency in Argentina

On 7 January 2016, the government of Argentina declared a state of emergency in the national statistical system. The Decree 55/2016 states that the National Institute for Statistics and Census (INDEC) suffers an anomalous situation in its internal organisation that hinders the production of sufficient and reliable statistical information related to consumer prices, gross domestic product, and trade, amongst others. As a result, INDEC temporarily suspended the publication of certain official statistics under its responsibility, pending re-organisation, which is still undergoing at the time of writing this report. INDEC started to publish inflation rates again in June 2016, labour market indicators in August 2016 as well as poverty data in September 2016. In light of this statistical context, caution is needed in the use of macroeconomic indicators.

English

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