The Structural Transformation of Latin America: A Catalyst for a Sustained and Inclusive Development

Since the 1980s, the pace of Latin American economic growth has been erratic and notably lower than the world average. As a result, the region has been losing relative importance in the global context, as evidenced by abundant statistical information. Latin America's lag is multifaceted; it includes the economic, scientific, technological, social, and institutional fields. The productive structure of Latin American countries continues to be characterized by comparative advantages concentrat...