An individual’s place on the social ladder is the result of his efforts and achievements rather than his, or his parents’, socioeconomic status—or is it? This idealistic adage is predicated on a society that offers equal opportunity for all, something that is more the exception than the rule in Latin America and the Caribbean. A society offers greater social mobility when … [Read more...] about The Dark Side of Entrepreneurship in Latin America.
Entrepreneurship is often seen as a vehicle for upward social mobility, especially for the middle class. Therefore, for decades Latin American countries have strived to support a vigorous middle class, based on the assumption that middle-class values and attitudes are most conducive to investment and innovation. However, an apparent contradiction lies in the fact that more … [Read more...] about Five Things Policymakers Need to Know about Entrepreneurship in Latin America: