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KIK00771
Emerging Issues for Emerging Economies in Latin America Panel

February 13, 2025

5.1 Sustainability Hall

In recent years, emerging economies in Latin America have gained relevance. These economies typically show rapid and strong economic growth, increased industrialization, and improvements in infrastructure and living standards. In addition, their key characteristics include a high per capita income, accessibility of foreign investors, a reliable regulatory system, political stability, and internal and external social peace, etc. Alongside this economic growth and greater presence on the international stage, emerging problems can arise from changes in technology, politics, demographics, or global trends, and often require proactive management and adaptation. Public administrations and civil services play a crucial role in addressing these issues. Effective public administration ensures the proper implementation of policies, while a competent civil service provides the necessary framework to manage emerging issues. The capacity to innovate, adapt, and execute policy reforms efficiently can greatly influence a nation's development trajectory. Public institutions must strengthen their ability to respond to rapid changes and emerging challenges, ensuring stability and continuity in governance. The panel on emerging issues for emerging economies in Latin America will discuss the impact on these issues on public administration as well as the challenges for the public sector in terms of public policy formulation.
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