The Age of Productivity

The Age of Productivity : Transforming Economies from the Bottom Up

  • Electronic book text

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Description

Age of Productivity offers a look at how the low productivity in Latin America and the Caribbean is preventing the region from catching up with the developed world. The authors look beyond the traditional macro explanations and dig all the way down to the industry and firm level to uncover the causes. The book examines productivity growth by focusing on the extreme heterogeneity of sectors and firms, emphasizing the importance of policies that allow firms to thrive and expand. The book zeros in on the critical services sectors, particularly those, such as transportation and retail, with important repercussions on the rest of the economy. It challenges the argument that the region is condemned to stagnation and examines a number of policy levers that can transform its economies.show more

Product details

  • Electronic book text
  • Palgrave MacMillan
  • United Kingdom
  • 0230107613
  • 9780230107618

Table of contents

Latin America's Productivity Problem * Aggregate and Sector-based Productivity Analysis - Fernandez-Arias * The Role of Firm Entry, Exit and Resource Allocation in Explaining Productivity - Pages * Productivity Dynamics: The Role of Innovation - Navarro and Llisterri * The Role of Market and Policy Failures in Explaining Latin America Productivity Problem * Uninsured Risk and Social Protection Policies - opo * Tax Policy - Chong * Financial Market Failures and Policies - Galindo * Macroeconomic Instability and Macroeconomic Policies - Izquierdo and Cavallo * Product Market Competition Policies - Mesquita * Innovation Policies - Navarro and Llisterri * Industrial Policies - Fernandez-Arias * SME policies - Ibarran and Maffioli * Unlocking Productivity Growth * The Political Economy of Productivity - Scartascini and Tomassi * How to Unlock Productivity Growth in the Regionshow more

About Inter-American Development Bank

The Inter-American Development Bank (IDB) is an international institution created in 1959 to foster economic and social development in Latin America and the Caribbean.show more