IDEAS home Printed from https://ideas.repec.org/a/emf/journl/2011a-2.html
   My bibliography  Save this article

Breaking away from Mediocre Complacency to a Prosperous Future

Author

Listed:
  • Claudio Loser

    (Centennial Group International and the Emerging Markets Forum)

  • Anil Sood

    (Centennial Group International and the Emerging Markets Forum)

Abstract

Latin America has been one of the most prosperous regions among the group of emerging economies. However, particularly in recent decades, Latin America has not managed to keep up with the growth of other emerging economies. This article lays out some reasons to explain the region’s lackluster economic growth. It proposes that the region and its leaders need to promote a vision of a vibrant, fastgrowing economic region where more inclusion, higher productivity, and increased competition and openness are the objects of national policy. While no regions are equivalent, the example of East Asia, even with its own vulnerabilities provides important lessons for Latin America, as it devises policies to free it from the middle-income trap.

Suggested Citation

  • Claudio Loser & Anil Sood, 2011. "Breaking away from Mediocre Complacency to a Prosperous Future," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(1), pages 5-58, January.
  • Handle: RePEc:emf:journl:2011a-2
    as

    Download full text from publisher

    File URL: http://eme.sagepub.com/content/3/1/5.abstract
    File Function: File-Restriction Access to full text is restricted to subscribers.
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emf:journl:2011a-2. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael Whelan). General contact details of provider: http://edirc.repec.org/data/emmfous.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.