Ahead of the World Economic Forum in Davos, a report has been presented warning of a significant shift in the concerns of the Argentine business community and posing new challenges for the government of Javier Milei, who will participate in the international forum next week with the intention of once again playing a central role in the global debate.
The document, known as the Global Risks Report and prepared by the World Economic Forum, reflects the responses of over 11,000 business leaders worldwide. In the case of Argentina, it shows a shift from traditional alarms to social and structural problems.
Leading the list are risks such as geo-economic confrontation, disinformation, social polarization, internal armed conflicts, and extreme weather events.
In 2023, the urgency was to avoid collapse, but now it is necessary to think about how to generate employment, improve incomes, and move towards a more favorable distribution," the report states.
Although some indicators showed a recovery compared to 2024, the unemployment rate remains higher than that recorded in 2023, which maintains concern in the private sector about the economy's ability to generate sustainable employment.
In this context, President Milei is traveling to Davos, accompanied by Minister of Economy Luis Caputo.
In previous editions, his speeches generated strong international repercussions due to his criticisms of socialism, Europe, and certain cultural agendas, which positioned him as one of the most disruptive figures at the event.
Globally, the World Economic Forum's report indicates that the main concerns of international executives differ somewhat from those of Argentines.
According to the survey, once the initial impact of the stabilization program has subsided, the concerns of local executives no longer revolve primarily around inflation or debt, but rather around issues linked to employment, income, public goods, and inequality.
According to the report, the main risk identified by businessmen operating in Argentina is the insufficient provision of public services and social protection.
The risk of recession or stagnation of activity once again occupies a prominent place on the podium, while inequality reappears among the main concerns, associated with income distribution and social cohesion.
The fifth risk pointed out by executives is social polarization, a phenomenon that, according to the report, was not among the greatest concerns in previous years.
In the short term, cybersecurity, erosion of rights, and forced migration also appear, while in ten years environmental risks, loss of biodiversity, scarcity of natural resources, and possible adverse effects from the development of artificial intelligence predominate.
The report's conclusions anticipate that, beyond the President's emphasis on macroeconomic stabilization, the debate in Davos will put new demands and tensions on the table that will mark the next stage of Argentina in the international arena.
