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Mañana Today: A Long View of Economic Value Creation in Latin America
Global Policy ( IF 2.2 ) Pub Date : 2021-06-11 , DOI: 10.1111/1758-5899.12938
Enrique García R 1 , Alvaro Mendez 2, 3
Affiliation  

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.

中文翻译:

Mañana Today:拉丁美洲经济价值创造的长远视角

该评论关注的是,由于中美脱钩,全球经济当前的近岸趋势为拉丁美洲和加勒比 (LAC) 地区带来了重大机遇。然而,该地区总体上准备不足。LAC 的状态将决定人们利用新潜力改善自己的企图。然而,政治家的短期短视和公共政策忽视是该地区最需要的发展的最大障碍:高质量的外国直接投资使受过教育的创新者能够推动 LAC 在全球价值链中的排名;否则它充其量只能陷入中等收入。
更新日期:2021-06-13
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