Summary
Contents
Subject index
Latin America 2040 presents a longer term vision of Latin American society and economies, within which current policy debates and actions must be anchored. It includes a set of multigenerational issues that must be tackled urgently in order for countries in the region to sharply reduce inequities as well as raise their economic growth rates. While most Latin Americans have weathered the latest economic turmoil reasonably well, the fact is that the region has been underperforming Asia for the past thirty years. Much of Latin America is mired in the “middle income trap”. This book argues that the current situation is untenable economically, socially and politically. At the same time, the authors believe that the region can and must aim higher and aspire to achieve much more rapid economic growth and a much faster reduction in disparities during the next three decades.
This book presents a bold and ambitious new vision of Latin America and offers an agenda for such a resurgence of Latin America. It offers a strategy for the regional economies to realize this vision by sharply raising their growth rates while achieving much more inclusive societies. This, in turn, will allow Latin America to reverse the trend of the past thirty years during which it steadily and significantly lost its share of the world economy and thus enter a new era of hope and prosperity.
Innovation and Technology Development for Economic Restructuring
Innovation and Technology Development for Economic Restructuring
In today's globalized world, a nation needs to transform its science, technology and innovation system to sustain growth trajectory, create more and better paying jobs, and enable all citizens to realize their aspirations.
Innovation1 today is widely recognized as a major source of competitiveness and economic growth for all countries—advanced and emerging economies alike. Innovation has a critical role in creating jobs, generating incomes and in improving living standards of a society. Innovation can also be a powerful tool in broader social development including in moving people out of poverty and improving the distribution of income. The 21st Century will be the “century of innovation;” in the coming decades, knowledge and innovation will ...
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