Metropolises in Latin America are emerging spontaneously as a result of the urban spread caused by internal or transnational migrations to our main cities. Existing social pressures are increasing asymmetric relationships between the economic efficiency and the social benefits affecting the environment causing pollution low urban life quality.
Accordingly, with the International Monetary Fund (2021), the region has a structural problem of low productivity, which has averaged just 0.5% in the previous decade, much lower than the 4.5% average across major emerging markets. One reason productivity growth is so dismal in the region is that investment growth is low and inefficient; each investment unit produces 50% less GDP growth on average in Latin America than the average across major emerging markets.
As many metropolitan challenges the region faces, there are too many opportunities to create new metropolitan planning and management tools and improve efficiency and urban life quality.
Work for it
Institutions in Latin America and the Caribbean face one of the most challenging times to adapt and adopt a 'new' discipline to rescale the management perspective since policy framework to implementation civil servants and politicians are under pressure to resolve the increasing metropolitan needs.
As metropolises face many multidimensional levels, upgrading professional skills is necessary. To update the best professional practices and rescale the approaches and solutions, the professional sector must increase the knowledge from academia and understanding from the government. Then metropolitan practitioners may increase the interaction across both sectors with metropolitan understanding.
In the middle of this digital revolution, theories, methodologies, indicators, and goals for metropolitan discipline are among the highest priorities to be globally resolved. LAC and Caribbean universities, this is your call to cooperate and collaborate in this co-creation for metropolitan planning and management.