The paper aims to explore the agricultural development of Latin America, thus shedding light on the factors behind competitiveness, sustainability and social inclusion that such entails. This being said, the authors seek to identify new events that have marked the debate on agricultural policy in the region during recent years. The paper also argues that over the past decades differences between countries, in terms of addressing the continual increase in food prices. Thus, while net food importing countries, especially Mexico and Central America and the Caribbean have been affected by rising prices over the past years, other countries have enhanced their capacity to become food exporters at global and regional levels.
The paper is organized as follows. After the prologue, the first chapter discuses agricultural policies executed in the region over the past few years, whilst the second section analyzes the characteristics of regional agriculture and its possibilities of integration into world agriculture. The third section evaluates recently about public agricultural policies and includes a review of the current dilemmas faced by policymakers, whereas the fourth chapter deals with the evolution of different agriculture policies in Latin America. The paper concludes in chapter five, which offers some final statements on the subject.
It is concluded that:
thanks to its size and availability of resources, many Latin American countries exert a dominant role in future global agriculture
the growing global market requirements in terms of raw materials and food products can provide space for the formation of a strong agro-industrial development in the region
the countries of the region must improve in many areas of public policy and microeconomic management in order to activate massive productivity processes and exploit its agricultural potential