RED 2004: Recovering growth in Latin America. Trade, productivity and social inclusion

This publication by CAF presents analyses and proposals geared towards resuming growth in the region, with special emphasis on the use of trade agreements and regional integration as instruments for improving the quality of participation in global markets, and achieving greater market access. Likewise, it analyzes the possibility of transforming production patterns, so as to generate value added and reap the benefits of the region’s comparative advantages. In addition, it highlights the need to design mechanisms that guarantee social equality and inclusion, as vital components of a successful strategy for increasing Latin America’s participation in the global economy. With this publication, CAF seeks to contribute to the debate on development strategies for the region. This publication has been the result of a thorough process of discussion and reflection within CAF, with the participation of numerous academics and intellectuals from across the region. We hope it stimulates the debate and helps in the design and implementation of public policies, oriented toward improving Latin America’s participation in the global economy, and resuming economic growth. We regard this as the foundation for sustainable development and the improvement of living standards for the people of our region.