Monday, March 18, 2013

Argentina's Recovered Factory Movement

http://www.guardian.co.uk/sustainable-business/argentina-recovered-factory-movement

This article discusses a growth in some of Argentina's industry that signals valuable potential for economic growth in the country. A lot of these are 'recovered' factories that were set up during Argentina's recession of the 1990s. Ever since then, the companies have undergone a change in management and the way they operate. These seem to be factors that may have contributed to their recovery, alongside a change in Argentina's economic environment. The two major factors that have changed the way the companies function are a worker led management and increased support from the state. Argentina offers an interesting case study in steps that could be taken to help a bleeding industrial sector recover.

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