Where will Latin America’s growth come from?

McKinsey Global Institute

Some Latin-American economies have grown faster than those of developed regions, but are still behind those of other developing economies.

The report highlights the changes that must be made if productivity is to grow, bearing in mind factors such as (i) giving priority to high-value activities by removing obstacles to competitiveness and (ii) promoting efficient adoption of digital and automation technologies.

It concludes that transforming productivity and growth in the long term will be the result of concerted hard work that will have to be shared between governments, companies and the citizens themselves.