Structural change

Economic development usually involves change, which may sometimes be very far-reaching and sometimes much less so. It is worth investigating whether the changes that the Latin American countries have been undergoing resemble those that have occurred in other regions or are different from them. For the purposes of this investigation, the traditional division of the economy into the primary, secondary and tertiary sectors was abandoned in favour of established United Nations practice, which groups manufacturing, mining, construction and basic services in one sector, leaving two others—agriculture and “other services”.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions