AS/COA’s second microfinance roundtable discussion provided an opportunity to discuss challenges and opportunities for expanding its outreach in Latin America. The sector has favored a commercial approach as Latin American microfinance moves beyond the distribution of loans.
Entrepreneurship
Ignacio Labaqui reviews Dante Avaro's assessment of income inequality in Latin America and his proposed policy that reduces such inequality without compromising economic growth.
In the ongoing discussion about the impact of the flattening world economy, Latin America is consistently neglected in the conversation.
Despite solid growth performance in the region, Latin America continues to lag behind other regions in the world in key competitiveness indicators.
The cry from the streets offers a real opportunity for governments to strike an innovative balance: reform laws to reduce the burden on employers to hire and fire employees while aggressively working to improve labour and social protections for all workers, including those in the informal sector.
It seems that much of the news coming out of Latin America these days is about leftward lurches and the latest respective government action to undermine the market economy.