Multilatinas push for better education

The private sector is the engine of economic growth in Latin America, creating jobs, boosting exports, and expanding its presence throughout the world. The companies in the region have been so successful in their international consolidation that the term “multilatinas” was coined to describe this phenomenon. 

But despite economic expansion and that the region is now growing faster than developed economies, the productivity and competitiveness indexes that would make this growth sustainable in time, have not increased in the same proportion. According to ECLAC, workforce productivity has increased unevenly across the region and has been affected in some countries by the economic crises of the past years.