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Since the 1980s, Latin American economic growth has become erratic, below the world average, and 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 seriousness of this situation is compounded by the fact that this is not a recent occurrence; four decades have already been lost. This Essay identifies some of the most relevant circumstances that are hindering Latin American development by impeding its…mehr

Produktbeschreibung
Since the 1980s, Latin American economic growth has become erratic, below the world average, and 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 seriousness of this situation is compounded by the fact that this is not a recent occurrence; four decades have already been lost. This Essay identifies some of the most relevant circumstances that are hindering Latin American development by impeding its structural transformation, and postulates the framework for an alternative development paradigm that combines government designed objectives and strategies with instruments and incentives typical of a market economy. The core of this eclectic paradigm is the transformation of the productive structure as the "catalyst agent" for a sustained and inclusive development.
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Autorenporträt
Luis Sanchez-Masi is an economist graduated from the Universidad Nacional Autónoma de México (UNAM). He was an executive officer at the Inter-American Development Bank (IDB), with headquarters in Washington, D.C., and at CAF-Development Bank of Latin America, with headquarters in Caracas, Venezuela, institutions in which he held positions of high responsibility. His functions at IDB and CAF have put him in contact with the reality of Latin America and the Caribbean and have provided him with extensive experience in Latin American affairs. He is currently an independent researcher dedicated to the study of Latin American development issues. Luis Sanchez-Masi has authored books and articles on the development issues of Latin America and has lectured at universities and international forums.