Projected working age population growth 2015-2025
Working age population includes individuals between 15 and 65 years of age
Human development rank
The lower the index level, the higher the human development
Productivity in Latin America should be supported by strengthening institutions, friendlier business conditions, and a relatively positive environment for entrepreneurship and innovation by developing world standards. However, the region will take time to tackle its headwinds, in particular its large informal economy and numerous public safety issues. It also has poor levels of savings and investment that account for its shallow domestic capital markets. As a result, the region has insufficient, inefficient, and poor-quality infrastructure that has turned into a broader economic Achilles heel.
Control of corruption score
Index ranges from -2.5 (weak) to 2.5 (strong)
Quality of infrastructure
Overall quality of infrastructure (7 is best). Regional aggregates are GDP weighted
From an investment perspective, Latin American financial assets have done better than those in most other countries in the past 20 years. The end of hyperinflation and policy shifts to inflation-targeting and floating exchange rate regimes have helped foster growth and reduce vulnerabilities. The focus on low inflation and fiscal prudence should continue in years to come. The development of Latin America's financial industry should result in greater opportunities to diversify and obtain attractive returns.
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