Latin American Economic Outlook 2017

Youth, Skills and Entrepreneurship

image of Latin American Economic Outlook 2017

The 2017 edition of the Latin American Economic Outlook explores youth, skills and entrepreneurship. Young Latin Americans embody the region’s promise and perils. They stand at the crossroads of a region whose once promising economy and social progress are now undergoing a slowdown. The Outlook identifies potential strategies and policy responses to help Latin America and the Caribbean revive economic growth. While development can stem from different sources, skills and entrepreneurship can empower youth to develop knowledge-intensive economic activities, boost productivity and transform the region’s politics as they transition successfully from the world of school to the world of productive work and create that future they seek. The report highlights valuable experiences and best practices in these fields and proposes strategies to allow Latin America to consolidate long-term growth while assuring continuity in the social agenda.

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The future of work, politics and cities

OECD Development Centre

Strong transformations – mainly driven by technological change – are taking place in the world of work, politics and cities. Technologies applied to jobs are replacing some tasks as well as creating new ones, thus shifting demand for skills. New ways of voicing social demands are emerging, playing a catalyst role to current discontent and detachment from the political system mainly shown by youth in LAC. The process of urbanisation continues in the region, and cities in the near future will be more densely populated, diverse, interconnected, economically vibrant and complex than the ones today. All these transformations are bringing about challenges and opportunities, picturing a future that will be very different in nature to the world we know today. Policies should prepare youth to embrace change, face new challenges and make the most of emerging opportunities.

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