Growth in Latin America and the Caribbean countries has weakened very significantly over the last few years. If we go back to the “golden decade” from 2003 to 2011, when rising commodity prices empowered a strong expansion, why did the region was unable to sustain sufficiently high growth rates to catch up with more advanced economies? One of the answers is Latin America’s success in expanding more sophisticated and complex goods. The 'It' Complex Factor Recent research led ...
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