Davos 2015 - Press Conference Recommendations for Latin America: Bridging the Gap in Skills

TL;DR

World Economic Forum discusses recommendations to close skills and innovation gap in Latin America.

Transcript

ladies and gentlemen welcome more to our audience viewing this press conference here on live streams to the first press conference of Friday afternoon day three of the World Economic Forum's 2015 and your meeting this has a distinct regional flavor to it a Latin America flavor to be more specific we're here to announce the launch of a report a cons... Read More

Key Insights

• 😚 Latin America faces challenges in closing the skills and innovation gap, impacting competitiveness.
• 🔒 Recommendations emphasize strengthening framework conditions, enhancing investment efficiency, and fostering public-private collaborations.
• 🥺 Collaboration among countries in Latin America can lead to shared learnings and improved practices.
• 🎓 The private sector's role is crucial in supporting innovation and improving vocational education and training programs.

Questions & Answers

Q: What is the main objective of the project on bridging skills and innovation gap in Latin America?

The main objective is to provide action recommendations to close the competitiveness gap in Latin America, particularly in the areas of skills and innovation which are challenging for the region.

Q: How does the productivity gap in Latin America impact the region's competitiveness?

The productivity gap has been growing, especially after the commodity boom slowed down, making Latin America's projections less positive compared to other regions like Asia, highlighting the need for enhancing competitiveness through skills and innovation.

Q: What are the key priority areas identified in the recommendations for closing the skills and innovation gaps?

The priority areas include strengthening framework conditions, enhancing investment efficiency, increasing private sector investment, fostering public-private collaborations, promoting inter-regional cooperation, and employing a flexible implementation approach.

Q: How can the private sector contribute to bridging the skills and innovation gap in Latin America?

The private sector can support innovation through closer partnerships with universities, enhancing vocational education and training programs, collaborating on research and development with public institutions, and advocating for policy effectiveness in education.

Summary & Key Takeaways

• World Economic Forum announces launch of report on bridging skills and innovation gap in Latin America.

• Project led by the Forum aims to provide action recommendations to improve competitiveness in the region.

• Recommendations focus on strengthening framework conditions, enhancing efficiency of investment, and fostering public-private collaborations.