This report analyzes the patterns of economic transformation that have occurred in Latin American and the Caribbean. A productivity-enhancing reform agenda with a focus on the services sector is a must to reignite its growth process. The region also needs to train its workforce for jobs requiring analytical skills as well as interpersonal skills.

COVID-19 started as a health emergency, but it is rapidly evolving into an employment crisis. There is still uncertainty on how severe the economic impact of the pandemic will be. As things go, however, the drag on the region’s employment could last longer than the epidemic itself. Beyond the immediate impacts on the level of employment, the crisis is deepening and accelerating the transformation of jobs, bringing the future closer. Going Viral: COVID-19 and the Accelerated Transformation ...