According to a recent study conducted by the business organization Argencon, 80% of companies surveyed anticipate an increase in exports as a result of President Javier Miley’s focus on liberalization policies. Half of the respondents even expect export growth to exceed 10%. The research, which was conducted in the first quarter of 2024, included 28 companies from the knowledge economy sector.

Looking ahead, 70% of respondents predict an increase in employment rates, with over half expecting a growth of over 10%. Professional services companies are particularly optimistic, with 33% predicting growth of more than 20%. However, challenges such as difficult access to foreign currency, exchange rate volatility, regulatory complexity and restrictions on paying salaries in US dollars were cited as potential barriers to growth.

Despite these challenges, the president of Argencon, Sebastián Mocorea, believes that removing foreign exchange restrictions, stabilizing the exchange rate, simplifying regulations and labor market reforms will significantly improve the competitiveness of the knowledge economy sector. This could lead to increased employment and exports in the coming years. Looking ahead, many companies hope that demand for knowledge-based services in Latin America will continue to grow, potentially exceeding global growth rates.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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