Latin American Economic Outlook 2022

Latin American economic development

This article examines the strategies, successes and failures of economic development in Latin America since 1870. We divide the analysis into four key development phases: primary export-led growth (1870–1929), import substitution industrialisation (1945–82), debt crisis (1980s) and the Washington Consensus (1990s). We demonstrate progress on many fronts, but underscore two key challenges for th...

The Political Economy of Latin American Economic Growth

Some Reflections on Comparative Latin American Economic Performance and Policy

Innovation for Economic Performance : The case of Latin American Firms

In this note, a wide range of innovation indicators are analysed in order to describe the innovation behaviour of manufacturing firms in LAC using the recently released Enterprise Surveys 2010. The Enterprise Surveys define innovation rates as the share of firms introducing product and process innovations. The survey also measures the proportion of firms investing in research and development (R...

The economic outlook.

NOTES Unless otherwise indicated, all years referred to in this report are calendar years. Unemployment rates throughout the report are calculated on the basis of the civilian labor force. Details in the text and tables of this report may not add to totals because of rounding.