Does Argentina’s Economy Need Labor Reform?

On January 30, the Dialogue published a commentary by political and regulatory risks specialist at Cefeidas GroupMadeleine Elder in its Latin America Advisor.  She commented on the Macri administration’s labor reform, responding to the following questions:

Congressional debate on Argentina’s proposed labor reforms is effectively postponed until March after President Mauricio Macri’s cabinet chief said the government will not call for special legislative sessions in February. Macri’s government sent the labor reform legislation, which aims to formalize the employment of unregistered workers and lower employers’ costs, to Congress last year. What changes might lawmakers make to the Macri government’s proposals, and what chance do they have of becoming law? How critical are labor law changes for Argentina’s economy? What influence will the country’s labor unions and public opinion have on the eventual outcome?

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