The Argentine government on July 27 announced a new energy investment plan that will increase government oversight of the sector, Reuters reported. Deputy Economy Minister Axel Kicillof will oversee a commission that evaluates the investment plans of private companies and will have the power to ask for changes or fine companies for failing to comply. What will be the practical implications of the decree? Will it spur growth in the long-struggling energy sector, as the government hopes, or scare off investors? Is Argentina's energy sector poised to do well considering the country's current economic situation?
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Inter-American Dialogue's Latin American Energy Advisor. "Is the Argentine gov't helping or hindering energy growth?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/127