Foro Económico Mundial sobre América Latina
Summary
The report outlines the strategic necessity for Latin America to transition from a dependence on raw material exports toward a sustainable, inclusive, and innovative economy. It emphasizes the role of the G20 and B20 in coordinating global recovery, the importance of public-private partnerships for green growth, and the urgent need for structural reforms in education, infrastructure, and the rule of law to attract investment and reduce social inequality.
Key insights
- Latin America faces a strategic risk of becoming a mere spectator in the global economic shift from developed nations toward emerging economies like China and India unless it implements immediate regional transformations.
- The region's energy sector requires a transition away from fossil fuel dependence, with a recommendation to gradually shift public subsidies from hydrocarbons toward renewable energy sources while protecting low-income citizens.
- To move beyond a dependence on commodity exports, Latin America must urgently improve its infrastructure and education systems, utilizing clear regulations and long-term public-private partnerships to attract investment.
- Educational reform is identified as the primary key to increasing the middle class and ascending the value chain, with a specific need to align school curricula with employer requirements and promote entrepreneurship.
- The prevalence of drug cartels and organized crime has weakened regional institutions and acts as a significant inhibitor to investment and economic growth.
- The B20 working groups presented preliminary recommendations to the G20 presidency on critical global issues, including food security, green growth, employment, transparency, and development financing.
- The adoption of LED lighting technology is highlighted as a high-impact efficiency measure; in Mexico, 22.9 million lamps were replaced through government incentives.
- Social inequality in Latin America has decreased over the last decade due to economic growth driven by natural resource sales and new public policies, such as those implemented in Brazil.
Cite the original document
- APA
- World Economic Forum (2012). Foro Económico Mundial sobre América Latina. http://www3.weforum.org/docs/LA12/WEF_LA12_Report_SP.pdf
- Chicago
- World Economic Forum. Foro Económico Mundial sobre América Latina. 2012. http://www3.weforum.org/docs/LA12/WEF_LA12_Report_SP.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Foro Económico Mundial sobre América Latina |date=April 2012 |url=http://www3.weforum.org/docs/LA12/WEF_LA12_Report_SP.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2012foro, author = {{World Economic Forum}}, title = {{Foro Económico Mundial sobre América Latina}}, institution = {World Economic Forum}, year = {2012}, month = apr, url = {http://www3.weforum.org/docs/LA12/WEF_LA12_Report_SP.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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