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2024

LatAm’s Lost Decade: Stagnant Per-Capita-Growth and the Quest for Economic Revival

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Latin America and the Caribbean faced a challenging period from 2014 to 2024, experiencing near-zero per capita GDP growth. This economic stagnation stemmed from inadequate or failed productive development policies across the region. Tomás Lopes-Teixeira, the Inter-American Development Bank Group representative in Peru, highlighted this issue. The region grappled with political polarization, hindering consistent policy […]