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Coveting Human Capital: Is Latin American Education Competitive?

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Can Latin America Compete?

Abstract

Latin America’s ability to compete successfully in global markets depends significantly on the quality of its labor force, which in turn depends on the quality of its schools. Good education improves workers’ skills; promotes growth; reduces poverty; and provides an important foundation for building the institutions, transparency, and good governance that enable production to happen.

A country’s ability to absorb new technologies, to produce goods and services that can reach standards of quality and performance acceptable in international markets, [and] to engage with the rest of the world in ways that are value-creating, is intimately linked to the quality of its schools.

A. Lopez-Claros, M. Porter, and K. Schwab, Global Competitiveness Report 2005–2006, p. xxi

This chapter draws heavily from the Partnership for Educational Revitalization in the Americas’ (PREAL’s) 2006 report, Quantity without Quality: A Report Card on Education in Latin America that is available online at www.preal.org. The authors would like to thank Kristin Saucier, Alejandro Ganimian, and Alex Triantaphyllis for their invaluable support in providing timely and dedicated research assistance.

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© 2008 Jerry Haar and John Price

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Puryear, J.M., Goodspeed, T.O. (2008). Coveting Human Capital: Is Latin American Education Competitive?. In: Haar, J., Price, J. (eds) Can Latin America Compete?. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230610477_3

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