Tierra del Fuego

The year 2022 marked the 50th anniversary of the Tierra del Fuego Regime. Its original objective of populating the island and promoting the local economy was successfully achieved. However, no exit strategy was ever envisioned for the regime. The so-called “industrial sub-regime” now requires an annual fiscal sacrifice of $1.07 billion dollars to maintain a system that has failed to promote provincial autonomy or the creation of local value. Thus, it has become imperative to revise it. This series of documents depicts the current situation in order to analyze the feasibility of its transformation. It puts forward several public policy proposals to reformulate it, as well as different ways to reduce fiscal costs and promote innovation and value creation.