![Why Does Latin America Underperform?](/summary-img/48106-LN8YTSGG.jpg?h=M&b=0)
Recommendation
Latin American economies’ failure to converge with the performance of more developed economies is due to a complex set of circumstances, concludes this authoritative report from the Group of Thirty nations. Latin America is not a geopolitical or macroeconomic monolith, but flawed governance, misallocation of resources, and ineffective fiscal and monetary policies contribute to every Latin American government’s economic malaise. Thus policy responses must align with the specific conditions in each country. Investors and executives with an interest in the region will find this an important reference work.
Summary
About the Author
The Group of Thirty is a global organization that seeks to broaden understanding of economics and finance.
Learners who read this summary also read
Book
Book
Book
Comment on this summary or Start Discussion