Why Latin America Lost at Globalization—and How It Can Win Now
By
Shannon K. O’Neil
A case for greater intraregional trade in today’s changing world
This article is adapted from AQ’s special report on supply chains | Leer en español | Ler em português Globalization has been the watchword of the last 40 years, credited with boosting economic growth and bringing hundreds of millions out of poverty—while also charged with increasing inequality and destroying jobs and communities. Yet as trade, services, data, people and ideas internationalized, they didn’t do so uniformly or consistently. Some countries and regions did better than others. Latin America, unfortunately, has been one of the losers. Most of...
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