Boosting LAC Growth through Investment in Infrastructure and Deeper Integration with Asia

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This TC will support a series of research activities and the development of operational recommendations that aim to boost growth and leverage the region's relationship with Asia, including through taking advantage of Asian experiences in infrastructure development as well as deepening trade, investment, and cooperation between the two regions. In support of this objective, the project entails policy-oriented research carried out by the IDB in collaboration with counterpart institutions and experts in Asia and Latin America and the Caribbean (LAC); high-level policy dialogue among public officials in Asia and LAC; and a multi-channel dialogue and dissemination strategy. These activities will be organized into two main strands of work with complementary policy objectives: i) the development of an infrastructure for growth methodology with applications to both LAC and Asian country pilots; and ii) a roadmap to expand and diversify the trade and investment relations between Asia and LAC. The policy recommendations based on such technical work will serve to support IDB's country dialogue with its members. The first two technical components reflect both the importance of LAC's relations with a broad set of Asian partners and the complementary role of infrastructure development and global integration as the main drivers of growth in LAC.