Spotlight on Latin America
How can Latin American and Caribbean nations leverage their comparative advantages?
Latin America stands at a critical juncture in its pursuit of sustainable, long-term economic growth. While the region has maintained relative macroeconomic stability, projected growth of just 1.5% through 2024 signals the need for bold action. Persistent challenges, from sluggish investment to widening inequality, call for renewed focus on driving productivity and inclusive development.
Yet, the region’s vast mineral wealth, rich biodiversity, and unique position in the global trade landscape offer a wealth of untapped opportunities. As the world shifts towards net-zero, Latin America is poised to lead, leveraging its natural resources to combat climate change while reaping economic benefits. Simultaneously, the shifting dynamics of US-China trade create fresh openings for nearshoring and deeper integration into global value chains. Furthermore, advancements in digitalization and artificial intelligence present the chance to transform critical sectors—such as healthcare, finance, and education—unlocking both social and economic gains. Can Latin America scale its fiscal policies, harness resources and mobilize technological innovation to shift to a new growth paradigm, elevating productivity and economic expansion?
The Financial Times, in collaboration with Millicom and CAF - Development Bank of Latin America and the Caribbean, is pleased to host the Spotlight on Latin America Dinner Briefing. Policymakers, business leaders, and experts will gather to address the central question: Can the region seize these opportunities to redefine its growth trajectory?
Key Discussion Points
Economic Growth
As Latin America and the Caribbean strive for sustained and inclusive economic growth, which approaches and policy frameworks have been successful?
Emerging Opportunities
How can countries in the region balance short-term economic pressures with a focus on emerging opportunities in the green transition, global value chain realignment, and technological advancements?
Comparative Advantages
How can Latin American and Caribbean nations leverage comparative advantages in natural resources and emerging industries to pivot towards higher, long-term growth rates?
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