Firms across Latin America are complaining about the difficulties of recruiting workers with the technical skills their businesses demand. Lack of adequate skills is becoming a bottleneck for growth in technologically complex industries, harming government efforts to increase investment in strategic sectors of the economy. In Mexico, the energy reform creates opportunities to generate new jobs and educate and train workers in specialized skillsets, but the country will also face challenges in meeting additional demand for skilled labor.
The surge in unconventional oil and gas production in North America has dramatically shifted energy markets in the Americas, with important implications for Latin America and the Caribbean. A new report by Lisa Viscidi, Director of the Energy, Climate Change and Extractive Industries Program at the Inter-American Dialogue, examines the factors behind rising oil demand and the growing deficit in refining capacity in Latin America, as well as the geopolitical implications of increasing US oil product exports to the region.
