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Argentina - The fiscal dimension of the convertibility plan : a background report (Vol. 2) : Annexes (Inglês)

This report focuses on Argentina's fiscal experience during the first years of the Convertibility Plan, evaluates selective important developments and programs affecting Argentina's fiscal condition, and sets up a framework for future work. It presents a review of the consolidated performance of fiscal accounts over 1991-96 period, and a review of some of the structural reforms that affected the fiscal accounts, such as the social security system reform. On the revenue side, this report advances in the assessment of revenue sharing arrangements between the federal government and provinces. On the expenditure side, this report evaluates the complex housing program, financed with transfers from the federal government but managed by the provinces. The report suggests that major restructuring of the Argentine economy requires significant reallocation of both labor and capital to obtain the potential for productivity gains.

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