Technology Seen As Key To Latin American Economic Growth
2003-10-22 15:41:50
Greater investment in technology is the key to boosting the stagnant economies and labor markets of Latin America, a new report by the Inter-American Development Bank says.
The report, released yesterday at a press conference, says the so-called neoliberal policies adopted by Latin American economies over the past decade are not to blame for what ails the region. Instead, it points to the lack of investment in technology as the prime factor behind Latin America's high unemployment and low wages.
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