MEXICO CITY, CMC – The Economic Commission for Latin America and the Caribbean (ECLAC) will launch the second edition of its Panorama of Productive Development Policies in Latin America and the Caribbean 2025 report on Thursday.
It stated that the publication not only reiterates the need to scale up and improve these policies to drive the productive transformation required for the region and escape the low-growth trap in which it is currently mired, but also sets forth specific ways to achieve this goal.
The report will be presented by ECLAC’s Executive Secretary, José Manuel Salazar-Xirinachs, and Marco Llinás, Director of the Division of Production, Productivity and Management.
The report provides a diagnostic overview of productivity in Latin America and the Caribbean, including data on labor productivity per worker, per hour, by sector, by firm size, and by territory, among other key indicators. It also examines recent experiences in productive development policies across the region.
It also explores three complementary strategic dimensions: science, technology, and innovation (STI) policies; cluster initiatives and other forms of productive coordination; and green and inclusive development policies.
In addition to analyzing the region’s situation in each of these areas, the report provides a series of recommendations on how countries and subnational territories can strengthen and scale up their productive development policies to foster the needed transformation.
To overcome the low-growth trap, ECLAC emphasized that the report highlights the urgent need to intensify efforts to promote the productive transformation of regional economies through development policies that can enhance productivity and facilitate higher, sustained, inclusive, and sustainable growth.
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