Stagnant economic growth in Latin America is linked to its failure to invest in proper transport infrastructure. Only 23% of the region’s roads are paved and it’s home to one of the least extensive rail networks in the world. That makes it really uncompetitive to do business, with traders paying much higher logistics costs compared to other regions of the world. The picture is complicated by Latin America’s geography. Yet, its geography and climate are the very reasons why it’s so rich in geo-strategic assets. So can trade be improved – infrastructure built – while protecting the region’s biodiversity?
Chapters
0:00 Latin America’s unique Geography
2:58 Poor infrastructure: A barrier to trade
5:03 Panama: The outlier
6:18 Investment & Cooperation
9:11 Risks to better connectivity
12:19 Conclusion
#LatinAmerica #Infrastructure #Economy #TransformingBusiness
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