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Latin America 2040

Latin America 2040
Breaking Away from Complacency: An Agenda for Resurgence

Second Edition
Edited by:
  • Harinder S. Kohli - Emerging Markets Forum
  • Claudio Loser - President, Centennial Group Latin America; Former Director, Western Hemisphere, International Monetary Fund (IMF), USA
  • Anil Sood - Centennial Group Holdings, Washington DC, USA

February 2013 | 324 pages | SAGE India
Latin America 2040 presents a longer term vision of Latin American society and economies, within which current policy debates and actions must be anchored. It presents a set of multigenerational issues that must be tackled urgently in order for countries in the region to sharply reduce inequities as well as raise their economic growth rates. While most Latin Americans have weathered the latest economic turmoil reasonably well, the fact is that the region has been underperforming Asia for the past thirty years. Much of Latin America is mired in the "middle income trap". This book argues that the current situation is untenable economically, socially and politically. At the same time, the authors believe that the region can and must aim higher and aspire to achieve much more rapid economic growth and a much faster reduction in disparities during the next three decades.

This book presents a bold and ambitious new vision of Latin America and offers an agenda for such a resurgence of Latin America. It presents a strategy for the regional economies to realize this vision by sharply raising their growth rates while achieving much more inclusive societies. This, in turn, will allow Latin America to reverse the trend of the past thirty years during which it steadily and significantly lost its share of the world economy and thus enter a new era of hope and prosperity.




Harinder S Kohli
Part I
Breaking away from Mediocre Complacency to a Prosperous Future

Claudio M Loser and Anil Sood
Latin America: Is Average Good Enough?

Homi Kharas and Harpaul Alberto Kohli
Successful Macroeconomic Performance: Launching Long-Term Reforms

Claudio M Loser, Drew Arnold, and Y Aaron Szyf
Part II
Is Latin America Becoming Less Unequal?

Nora Lustig
How Can Education Help Latin America Develop?

Jeffrey M. Puryear and Tamara Ortega Goodspeed
Innovation and Technology Development for Economic Restructuring

Vinod K Goel
Infrastructure Needs for a Resurgent Latin America

Harpaul Alberto Kohli
Greater Openness: Regional Cooperation and Trade

Harinder S Kohli, Claudio M Loser, and Anil Sood
Democratic Governance and Political Sustainability: Towards a Prosperous Latin America

Michael Shifter


Harinder S. Kohli

Harinder S. Kohli is the Founding Director and Chief Executive of the Emerging Markets Forum as well as Founding Director, President, and CEO of Centennial Group International, both based in Washington, DC. He is the Editor of Global Journal of Emerging Markets Economies. Prior to starting his current ventures, he served over 25 years in various senior managerial positions at the World Bank. He has written extensively on the emergence of Asia, Latin America, Africa, and other emerging market economies, financial development, private capital flows, and infrastructure. He is an author and co-editor of India 2039: An Affluent Society in One... More About Author

Claudio Loser

Claudio M. Loser is CEO and President of Centennial Latin America, and is Advisor for the Emerging Markets Forum. Loser is also a Senior Fellow at the Inter-American Dialogue. Since 2005 he has been an adjunct professor of Economics (Latin American Economic Development) at George Washington University, and has lectured at the Foreign Service Institute of the US Department of State. For thirty years and until November 2002, he was a staff member of the International Monetary Fund. During the last eight years of his tenure he was Director of the Western Hemisphere Department at the IMF. He graduated from the University of Cuyo in Argentina... More About Author

Anil Sood

Anil Sood, in his 30-year career at the World Bank, occupied many senior positions including Vice President, Strategy and Resource Management, and Special Advisor to the Managing Directors. He has since advised chief executives and senior management of a number of development organizations including the African Development Bank, the Islamic Development Bank, the United Nations Development Programme, and the United Nations Economic Commission of Africa, on matters of strategy and development effectiveness.Please contact Prof Anil Sood atCentennial Group2600 Virginia Ave NWSuite 201. Washington D.C. 20037Email: More About Author

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ISBN: 9788132111405