World Economic Forum on Latin America

The 2011 World Economic Forum on Latin America report proposes a framework for the region to transition toward sustainable, green economies. It identifies key pillars for growth, including the need to decouple economic growth from resource consumption, enhancing technological innovation to reduce commodity dependence, and reforming labour and education systems to foster inclusion. The document emphasizes the importance of regional cooperation to combat the drug trade and corruption, while leveraging the region's vast natural resources to lead in global food and energy security.

• Latin America is positioned to lead the global green economy due to its significant natural resources, including possessing 24% of the world's arable land.
• The region's economic growth has been supported by responsible domestic fiscal and monetary policies and high demand for commodities, particularly from China and other Asian nations, resulting in an estimated average growth of 4.6% for 2011.
• To avoid dependency on raw material commodity exports and create higher-quality jobs, Latin America must improve its innovation pipeline, as the region currently produces only 0.2% of the world's patents.
• The 'War on Drugs' is deemed ineffective, and the report suggests Latin America should develop its own independent drug policies, including considering partial legalization of some substances.
• Energy security can be enhanced by shifting away from fossil fuel subsidies toward renewable energy R&D and implementing smart grids, which have shown 10-15% savings for customers in small-scale deployments.
• Social progress has been marked by poverty alleviation programs like conditional cash transfers, which helped move 40 million people out of poverty within six years.
• The region faces significant infrastructure deficits that hinder productivity; the report suggests using upcoming global sporting events in Brazil to build legacy infrastructure.

APA

World Economic Forum (2011). World Economic Forum on Latin America. http://www3.weforum.org/docs/LA11/WEF_LA11_Report.pdf

Chicago

World Economic Forum. World Economic Forum on Latin America. 2011. http://www3.weforum.org/docs/LA11/WEF_LA11_Report.pdf.

Wikipedia

{{cite report |author=World Economic Forum |title=World Economic Forum on Latin America |date=2011 |url=http://www3.weforum.org/docs/LA11/WEF_LA11_Report.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldeconomicforum2011world, author = {{World Economic Forum}}, title = {{World Economic Forum on Latin America}}, institution = {World Economic Forum}, year = {2011}, url = {http://www3.weforum.org/docs/LA11/WEF_LA11_Report.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }