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Budget woes threaten Argentina science and technology

Tuesday, August 6, 2019

Subject

The outlook for science and technology in Argentina.

Significance

The software industry has grown rapidly in the last two decades, driven by a substantial base of technical workers, the presence of key global players and favourable legislation. Software is the main pillar of the knowledge-based services industry, which as a whole is Argentina’s fourth-largest export complex. As a labour-intensive industry, software has also become an important source of employment.

Impacts

  • A reliable legal framework and macroeconomic stability are key to the software sector’s future growth.
  • Argentina has cutting-edge technology in the nuclear and aerospace fields, but its potential and importance are underrated.
  • Budgetary troubles and diverging priorities will put public education and strong scientific institutions at risk.
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