Innovation and inclusion in Latin America : strategies to avoid the middle income trap

Resource Information

The work Innovation and inclusion in Latin America : strategies to avoid the middle income trap represents a distinct intellectual or artistic creation found in Massey University Library, University of New Zealand. This resource is a combination of several types including: Work, Language Material, Books.

Label

Innovation and inclusion in Latin America : strategies to avoid the middle income trap

Title remainder

strategies to avoid the middle income trap

Statement of responsibility

Alejandro Foxley, Barbara Stallings, editors

Contributor

• Stallings, Barbara,
• Foxley, Alejandro,

Subject

• Economic development -- Latin America
• Technological innovations -- Economic aspects -- Latin America
• Equality -- Latin America

Language

eng

Summary

This book argues that Latin America must confront two main challenges: greater innovation to increase productivity, and greater inclusion to incorporate more of the population into the benefits of economic growth. These two tasks are interrelated, and both require greater institutional capacity to facilitate both innovation and inclusion. Most countries in Latin America are struggling to escape what economists label "the middle income trap." While much if not all of the region has emerged from low income status, neither growth nor productivity has increased sufficiently to enable Latin America to narrow the gap separating it from the world's most developed economies. Although income inequality has diminished across much of the region in recent years, social vulnerability remains widespread and institutional weaknesses continue to plague efforts to achieve equitable development. This volume identifies lessons that can be learned and adapted from experiences within the region and in East Asia, where the middle income trap has largely been avoided. This book is the result of a collaborative project undertaken by American University's Center for Latin American & Latino Studies (CLALS) and the Corporation for Latin American Studies (CIEPLAN) in Chile, with financial support from the Inter-American Development Bank's Office of Strategic Planning and Development Effectiveness

Member of

• Studies of the Americas

Dewey number

338/.064098

Index

index present

Literary form

non fiction

Nature of contents

dictionaries

Series statement

Studies of the Americas