Unlocking growth in a changing world. Innovation, Integration, and Formalization for Latin America and the Caribbean

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caf.relation.languageVersion123456789/2580
caf.relation.languageVersion123456789/2581
dc.contributor.authorCAF - development bank of Latin America and the Caribbean -
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.date.accessioned2026-01-23T03:06:10Z
dc.date.available2026-01-23T03:06:10Z
dc.date.issued2026-01-22
dc.description.tableofcontentsThis CAF report identifies chronic economic stagnation and low productivity as the fundamental obstacles to development in Latin America and the Caribbean, highlighting that regional per capita income has remained at just a quarter of the level in the United States over the last six decades. To reverse this trend, the document proposes a strategic agenda based on the “three pillars” of productive development: innovation, to close the technology adoption gap and strengthen the capacity to absorb global knowledge; integration, in order to reduce trade costs and achieve more sophisticated integration into global value chains; and formalization, as an essential means of unlocking human capital potential and improving resource allocation in labor-intensive sectors. The analysis places these challenges in the context of demographic, digital, and green transitions, noting that the region's wealth of natural resources, such as critical minerals and clean energy, offers opportunities for a new model of sustainable growth. Finally, it highlights the need to strengthen the fiscal and regulatory capacities of the state and proposes a renewed strategic alliance with the European Union as a key lever for closing investment and knowledge gaps.es_ES
dc.identifier.citationCAF - banco de desarrollo de América Latina y el Caribe -. (2026). Unlocking growth in a changing world. Innovation, Integration, and Formalization for Latin America and the Caribbean. Retrieved from https://scioteca.caf.com/handle/123456789/2582en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/2582
dc.language.isoenes_ES
dc.rightsCC-BY-NC-ND
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectProductividades_ES
dc.subjectDesarrollo
dc.subjectGlobalización
dc.subjectInnovación
dc.subjectIntegración
dc.subjectSector productivo
dc.subjectTransformación productiva
dc.titleUnlocking growth in a changing world. Innovation, Integration, and Formalization for Latin America and the Caribbeanes_ES
dc.typeBookes_ES

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