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.
If Central America wants to get out of the middle-income trap it would do well to follow Uruguay’s lead and develop a focused, comprehensive industrial policy that builds on the region’s trade advantages.
A lot has been written about the risks of the proposed Border Adjustment Tax to U.S. consumers, on the U.S. budget, and on the appreciation of the dollar. The worse consequence would be on U.S.-Mexico production chains.