By Angel Gurria, Secretary-General, OECD Home to over 600 million people, the greatest challenge ahead for Latin America and the Caribbean (LAC) will be to forge a more inclusive growth model that can provide quality work for the 5 million youths who join the labour force every year, and ensure that the benefits of growth and globalization are fairly shared.[i] Reforming and expanding social protection systems will be key to building a new social contract between governments and citizens in the region. Since the turn of the century, sustained rates of economic growth fuelled by high commodity prices spurred a number of innovative social policies in the region, mainly in the form of conditional cash transfers (CCT): the Brazilian Bolsa […]
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