Latin American Success: A Case for Comparative Advantage

February 7, 2012 by

The innovation and integration set in motion throughout Central and South America over the past decade is replacing the notion that effective market strategies must be devised within the zero-sum framework. Unifying socio-political schemes and initiating region-centric policies has made regional comparative advantage Latin America’s primary focus over the past decade. Casting aside some of the principles underlying Western-style capitalism will afford Latin America’s leadership the opportunity to distance themselves from the policies and programs that created rampant inequality and strained relations throughout the region.