Reigniting inclusive growth and trust in Latin America

By Daniel Gómez Gaviria, Head of Competitiveness Research, World Economic Forum International organizations have signaled that after a difficult couple years when many countries in the region fell into recession, 2017 will see growth start to recover. This potential recovery comes at a time when trust in public institutions is at record lows and polarized societies drift towards populist and extreme answers to discontent. How did the region reach this conundrum and what are the main policy agendas that could reinvigorate inclusive growth and recover trust? The 1990’s were years of profound economic reforms in Latin America. After experimenting with policies of industrialization through import substitution that led to some initial growth experiences in the region and the emergence of new productive sectors, […]