Daniel Artana: "Labor reform is a necessary condition, but the economy needs to grow"
Economist Daniel Artana emphasizes that while labor reform is essential, economic growth is also necessary for its success.
In a recent interview, Daniel Artana, the chief economist at FIEL, elaborated on the necessity of labor reform in Argentina, stating it is a vital component for improving job prospects in both the short and medium term. He highlighted that significant elements of labor reform include changes like the elimination of ultra-activity, which may impact the overall flexibility of the labor market. Artana's insights underscore the interconnectedness of reform and growth, suggesting that legislative changes alone won't yield desired outcomes without a robust economic environment.
Furthermore, Artana addressed the current economic climate, expressing concerns over the suspension of methodological updates by Indec, which could have repercussions on understanding economic activity levels. He believes accurate statistical measures are crucial for formulating effective economic policies and guiding labor reforms in a way that aligns with actual labor market conditions. Without these metrics, decisions may be based on outdated or incomplete data.
Artanaβs assertions indicate a broader implication for Argentine policymakers: successful labor reform must be part of a larger strategy aimed at stimulating economic growth. Thus, as discussions around labor legislation evolve, they must also consider economic conditions to ensure that reforms translate into real benefits for employment and productivity.