Latin America Becomes More Competitive
Brazilian children Alexandre da Costa (L) and Augusto Ribeiro use a computer at Mare slum in Rio de Janeiro (Sergio Moraes/Courtesy Reuters).
The Global Competitiveness Index for 2012-2013 came out this month, ranking 144 countries from around the world on twelve “pillars of competitiveness” (ranging from “basic requirements” such as institutions and infrastructure to more advanced categories such as innovation and business sophistication). In its rankings, Latin America’s countries fell pretty much right in the list’s center, with three countries (Chile, Panama, and Brazil) ranking in the top third, six countries falling in the bottom third (El Salvador, Bolivia, the Dominican Republic, Nicaragua, Paraguay, and Venezuela), and the rest spread throughout the middle. Read more »


