The Andean country, a proponent of free trade but often a reluctant diplomatic leader, has taken a surprising outsized role in furthering economic integration between Latin America and the Asia Pacific region.
When analyzing Latin America, it is high time we stopped using the imagery of a “pink tide” and stop depicting the region in “good lefts” or “bad lefts.” Despite the rhetoric we often hear from politicians and pundits alike, with few exceptions we are entering an era of pragmatism and centrism.
Should Latin America continue to put all its eggs in the commodity basket hoping for a return of the good times? Of course not. The region must diversify its economic base to focus on manufacturing and services as well. In the meantime, the agricultural sector needs greater unity across the sector to improve productivity, efficiency, and innovation.
Businesses and investors in Latin America and the Caribbean are struggling to find qualified workers to fill jobs. It’s up to the private sector to step up to provide the skills-based training and apprenticeships needed.