Energy and foreign restriction in recent Argentina

Abstract

This article analyzes the consequences of the convergence of two opposing trends which impacted on the economy over recent decades: the strangulation of energetic supply given the drop in hydrocarbon extraction - essential material for Argentine energy self-supply - and the growth of demand generated by energy coverage expansion policies, which generated a rapture in energy trade balance accompanied by a severe deficit of currency in the economy. In short, the aim is understanding how the intensification of the sector's structural problems was solidified as a structural obstacle for economic development in Argentina, impacting the growth of gross domestic product through the strengthening of foreign restriction.