Regional Action Group for Latin America Public-Private Cooperation to Reactivate the Region’s Economy: Critical Industries and Strategic Investments
Summary
The report outlines a comprehensive strategy for Latin American economic reactivation, emphasizing the need for fiscal stability, inclusive growth, and the integration of Sustainable Development Goals (SDGs) and ESG standards. It proposes specific interventions for critical sectors—including air travel, healthcare, energy, and financials—and advocates for digital transformation of the public sector and the creation of innovative funding mechanisms to bridge investment gaps.
Key insights
- To ensure post-crisis stability, governments should re-establish fiscal stability through deficit targets and structural rules, while gradually increasing tax revenues by widening the tax base and reducing evasion.
- The report recommends placing the Sustainable Development Goals (SDG) and ESG considerations at the center of recovery, including aligning national and regional energy plans with 1.5°C trajectories and developing common ESG standards to support long-term capital markets.
- To combat deglobalization and supply chain weaknesses, the document suggests promoting regional free-trade agreements, implementing near-shoring policies to lower logistics costs, and harmonizing regulations at both country and sub-national levels.
- Public sector efficiency should be improved through civil service reform, the digitalization of government procurement portals to eliminate exemptions, and a shift from indirect taxes to direct income and property taxes.
- For critical industries, the report suggests specific interventions: using green bond accreditation for infrastructure funding, creating special credit lines for smaller healthcare companies, and supporting instant payment platforms like PIX in Brazil and Codi in Mexico.
- Strategic investments should prioritize the creation of digital hubs to overcome poor physical infrastructure and the development of demand-driven agroindustry projects with clear investment incentives.
Cite the original document
- APA
- World Economic Forum (2020). Regional Action Group for Latin America Public-Private Cooperation to Reactivate the Region’s Economy: Critical Industries and Strategic Investments. http://www3.weforum.org/docs/WEF_CP_Critical_Industries_and_Strategic_Investments_2020.pdf
- Chicago
- World Economic Forum. Regional Action Group for Latin America Public-Private Cooperation to Reactivate the Region’s Economy: Critical Industries and Strategic Investments. 2020. http://www3.weforum.org/docs/WEF_CP_Critical_Industries_and_Strategic_Investments_2020.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Regional Action Group for Latin America Public-Private Cooperation to Reactivate the Region’s Economy: Critical Industries and Strategic Investments |date=October 2020 |url=http://www3.weforum.org/docs/WEF_CP_Critical_Industries_and_Strategic_Investments_2020.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2020regional, author = {{World Economic Forum}}, title = {{Regional Action Group for Latin America Public-Private Cooperation to Reactivate the Region’s Economy: Critical Industries and Strategic Investments}}, institution = {World Economic Forum}, year = {2020}, month = oct, url = {http://www3.weforum.org/docs/WEF_CP_Critical_Industries_and_Strategic_Investments_2020.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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