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Latin America and the Caribbean have lagged behind other regions in terms of growth for quite some time. Over the past 10 years, GDP per capita has grown by less than 0.4% per year on average, compared to almost 5% in Asia. The region also has one of the lowest investment rates globally. Barriers and a lack of coordination hamper trade, resulting in intraregional trade of only 15% compared to well over 50% in Asia and in the EU. Rampant crime hinders business investment.
This online panel discussion, hosted by the Financial Times in partnership with the Inter-American Development Bank (IDB), explored key strategies to strengthen business environments, from policy reforms and crime reduction to trade expansion and skills development, to unlock sustainable economic growth.
What strategies for tackling rampant crime actually work and which should be deployed to make the region more secure for private businesses to invest?
What other policies can help boost private investment?
How can the region attract more companies from the US and EU to enhance innovation, R&D and employee training?
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