ECLAC Recommends Changing Productive Structure to Take Advantage of Opportunities Provided by World Economy
This year, Latin American and Caribbean economies are completing an expansive cycle of six consecutive years, with an average annual per capita growth rate of 3.5%. This is the biggest economic bonanza in the past 30 years. Many new opportunities are arising. It is time to explore new avenues. Basically, countries in the region should make the most of the global expansion to promote a process of productive transformation and capacity-building to enable them to broaden and modify their traditional modes of international insertion, adding value and knowledge to their products. This is the centra…