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Mañana today: a long view of economic value creation in Latin America

García R, Enrique and Mendez, Alvaro (2021) Mañana today: a long view of economic value creation in Latin America. Global Policy, 12 (3). 410 - 413. ISSN 1758-5880

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Identification Number: 10.1111/1758-5899.12938

Abstract

This commentary concerns the significant opportunities which the global economy’s current nearshoring trend offers the Latin American and Caribbean (LAC) region owing to a US–China decoupling. Yet the region, generally, is woefully unprepared. The state of the LAC will make or break the peoples’ attempts to exploit the new potential to better themselves. Yet the short-termist myopia and public policy neglect of politicians is the greatest obstacle to the kind of development the region needs the most: high-quality FDI enabling educated innovators to push LAC up the rank of global value chains; or else it will be trapped in middle income, at best.

Item Type: Article
Official URL: https://onlinelibrary.wiley.com/journal/17585899
Additional Information: © 2021 The Authors
Divisions: International Relations
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
J Political Science > JZ International relations
Date Deposited: 14 Jun 2021 15:27
Last Modified: 20 Aug 2021 03:14
URI: http://eprints.lse.ac.uk/id/eprint/110857

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