There is now a general awareness among policymakers that additional reforms need to be undertaken if Latin American and Caribbean (LAC) economies are to grow at more than 6 percent a year - the growth rate required to reduce the number of people living in poverty in the region. This report offers a proposal for the discussion of such reforms. Chapter one identifies items in the reform agenda required to consolidate macroeconomic stability in the region, a necessary condition for sustaining high rates of growth. Chapters two and three addresses the additional structural reforms needed to accelerate growth in the medium and long term. Chapter four focuses on policies that may broaden the reach of economic growth in order to confront the challenge of poverty reduction in the LAC region.