BGA’s Business Impact magazine: Issue 3, 2025 | Volume 25

BRIEFING Why advanced education in Latin America needs a boost, the debate around hunting tourism in South Africa and a new initiative to foster good employment practices all feature in this round-up of news and research from BGA schools. By Tim Banerjee Dhoul , Ellen Buchan and Colette Doyle THE LATEST NEWS FROM ACROSS BGA’S NETWORK Business

SOCIAL PROGRESS SCORES HIGHLIGHT NEED FOR GREATER INVESTMENT IN HIGHER ED

framework for the AlTi Global Social Progress Index 2025 . In total, the index considers 57 drivers of social and environmental progress in 170 countries, assessing a society’s wellbeing and helping policymakers, investors and businesses benchmark success while identifying strengths and weaknesses. In Latin America, the index provides a detailed view of social development in the region, reflecting both progress and persistent challenges in health and security. However, Garcia, a regional director for the index in Latin America, earmarks advanced education as something of an “Achilles heel” in the region’s development. “Countries such as Nicaragua, El Salvador and Honduras show alarmingly low levels in this indicator,

limiting the training of human talent and reducing the region’s ability to compete in the global knowledge economy,” Garcia writes. Elsewhere, the scores for Brazil and Colombia reflect the need to strengthen investment in education and programmes that align academic training with market needs. In Argentina and Chile, meanwhile, the persistence of gaps in inclusion and academic excellence are highlighted, even though their overall scores compare favourably to the Latin American average. The index presses home the need for the region’s governments and private sector to work jointly to close structural gaps and ensure that economic growth translates into tangible wellbeing for the population. TBD

SCHOOL Incae Business School

COUNTRY Costa Rica

atin America faces significant obstacles in advanced education that limit its global

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competitiveness, according to a report on social development involving Incae Business School senior researcher Jaime Garcia. Encompassing expected years of tertiary education, academic freedom and numbers of female graduates, among other measures, the category of advanced education is part of the

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