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Productivity Growth In Latin America
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Book Synopsis Boosting Productivity and Inclusive Growth in Latin America by : OECD
Download or read book Boosting Productivity and Inclusive Growth in Latin America written by OECD and published by OECD Publishing. This book was released on 2019-01-20 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, most Latin American and Caribbean (LAC) countries have experienced robust economic growth and been able to make significant reductions in poverty and income inequality. However, growth in the region was not strong enough to ensure convergence towards levels ...
Book Synopsis Firm Innovation and Productivity in Latin America and the Caribbean by : Inter-American Development Bank
Download or read book Firm Innovation and Productivity in Latin America and the Caribbean written by Inter-American Development Bank and published by Springer. This book was released on 2016-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.
Author :Organisation for Economic Co-operation and Development Publisher : ISBN 13 :9789264269408 Total Pages :132 pages Book Rating :4.2/5 (694 download)
Book Synopsis Boosting Productivity and Inclusive Growth in Latin America by : Organisation for Economic Co-operation and Development
Download or read book Boosting Productivity and Inclusive Growth in Latin America written by Organisation for Economic Co-operation and Development and published by . This book was released on 2019-01-20 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, most Latin American and Caribbean (LAC) countries have experienced robust economic growth and been able to make significant reductions in poverty and income inequality. However, growth in the region was not strong enough to ensure convergence towards levels of per capita income observed in advanced OECD economies. An important part of this underperformance can be explained by weak productivity growth. Should this weakness persist, it will be very difficult for LAC countries to achieve better lives for the majority of families. The present publication portrays the situation of LAC countries and discusses best-practice policies. Participation in global value chains is encouraged to enable knowledge spillovers and a process of learning by doing. More regional trade integration would help this process, as Latin America ranks very low and remains a sizeable outlier. The diffusion of knowledge and technology would be facilitated by making it easier to do business, notably allowing new entrants that are facing high barriers to operate and grow. Improved access to education is important to meet the demand for skills, and to boost innovation and research and development, which is particularly true in a context of fast technological change.
Book Synopsis Better Policies Promoting Productivity for Inclusive Growth in Latin America by : OECD
Download or read book Better Policies Promoting Productivity for Inclusive Growth in Latin America written by OECD and published by OECD Publishing. This book was released on 2016-06-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a period of relatively robust growth that has allowed tens of millions of poorer households to join the global middle class, growth in Latin America has slowed recently, partly as a result of external factors.
Book Synopsis Vanishing Growth in Latin America by : Andrés Solimano
Download or read book Vanishing Growth in Latin America written by Andrés Solimano and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in Latin America and the rise of material welfare has lagged behind that of more dynamic areas of the world economy. In a region prone to policy experiments, the policies of the Washington Consensus applied since the 1990s failed to bring sustained growth to most of Latin America. Andres Solimano and an impressive set of contributors analyze the last 40 years in order to determine the role of economic reforms, external conditions, factor accumulation, income inequality, political instability and productivity in explaining GDP increases. The book also looks at cycles of growth, identifying periods of rapid growth and contrasting them with periods of stagnation and collapse.
Book Synopsis Economic Growth in Latin America by : Mr.Jose De Gregorio
Download or read book Economic Growth in Latin America written by Mr.Jose De Gregorio and published by International Monetary Fund. This book was released on 1991-07-01 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth.
Book Synopsis Productivity Growth in Latin America by : Henry J. Bruton
Download or read book Productivity Growth in Latin America written by Henry J. Bruton and published by . This book was released on 1967 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Age of Productivity by : Inter-American Development Bank
Download or read book The Age of Productivity written by Inter-American Development Bank and published by Springer. This book was released on 2010-04-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Understanding the Income and Efficiency Gap in Latin America and the Caribbean by : Jorge Thompson Araujo
Download or read book Understanding the Income and Efficiency Gap in Latin America and the Caribbean written by Jorge Thompson Araujo and published by World Bank Publications. This book was released on 2016-03-28 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries of the Latin America and Caribbean region (LAC), like other emerging economies, have benefited from a decade of remarkable growth and some income per capita convergence towards the United States and other industrialized countries. However, even nearly ten years of solid growth in the first decade of the 21st century could not guarantee that LAC would move on to a sustained long-term income convergence path. In fact, despite this recent progress, LAC still faces a significant per capita income gap with the developed world. The papers in this volume contribute to the ongoing debate on the reasons for this persistent income gap and the potential drivers of convergence, and propose some broad avenues for reform. This volume presents new macro-, sectoral-, and micro-level evidence that: (i) differences in total factor productivity (TFP), or efficiency in using the production factors, such as physical and human capital, explain a large part of LAC's persistent income gap; and (ii) resource misallocation is the main factor behind LAC's large efficiency gap. At the same time, the findings of this volume indicate there is significant room for further economic growth gains from technology adoption and innovation more broadly. In fact, the quality of the available technology in LAC is low, and there is very little innovation. Although firms can use innovation to reach productivity at the global productivity frontier, weak institutions reduce incentives to innovate. This volume also proposes that the main priorities for improving resource allocation and the incentives to innovate include: (i) enhancing market competition in key network industries (transport, financial, telecommunications, logistics, communication and distribution services); (ii) increasing labor market flexibility (including skill-mismatches and social barriers); (iii) removing informational frictions (including complex tax regimes and credit rationing); (iv) strengthening property rights; and (v) improving the rule of law.
Book Synopsis Productivity Growth in Latin America Over the Long Run by : Pablo Astorga
Download or read book Productivity Growth in Latin America Over the Long Run written by Pablo Astorga and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The low pace of Latin American productivity growth in recent decades, despite extensive economic reforms, has yet to be understood in a longer-run context where factors such as demographic changes, structural shifts, and investment levels can be taken fully into account. The OxLAD database provides comparable sectoral output and workforce series over 1900-2000 for the six leading economies in the region for the first time. Our analysis of this new dataset shows that: intersectoral resource reallocation reduced aggregate productivity growth in all three periods; total factor productivity growth was low throughout the century, and even negative in the closing three decades; and thus factor accumulation investment in fixed capital and skilled laborwas the main source of productivity growth in Latin America during the twentieth century.
Book Synopsis Productivity Growth and Development in Latin America by : Henry J. Bruton
Download or read book Productivity Growth and Development in Latin America written by Henry J. Bruton and published by . This book was released on 1968 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Productivity Growth in Latin America During the Twentieth Century by : Pablo Astorga
Download or read book Productivity Growth in Latin America During the Twentieth Century written by Pablo Astorga and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Jobs of Tomorrow by : Mark A. Dutz
Download or read book The Jobs of Tomorrow written by Mark A. Dutz and published by World Bank Publications. This book was released on 2018-04-10 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: While adoption of new technologies is understood to enhance long-term growth and average per-capita incomes, its impact on lower-skilled workers is more complex and merits clarification. Concerns abound that advanced technologies developed in high-income countries would inexorably lead to job losses of lower-skilled, less well-off workers and exacerbate inequality. Conversely, there are countervailing concerns that policies intended to protect jobs from technology advancement would themselves stultify progress and depress productivity. This book squarely addresses both sets of concerns with new research showing that adoption of digital technologies offers a pathway to more inclusive growth by increasing adopting firms’ outputs, with the jobs-enhancing impact of technology adoption assisted by growth-enhancing policies that foster sizable output expansion. The research reported here demonstrates with economic theory and data from Argentina, Brazil, Chile, Colombia and Mexico that lower-skilled workers can benefit from adoption of productivity-enhancing technologies biased towards skilled workers, and often do. The inclusive jobs outcomes arise when the effects of increased productivity and expanding output overcome the substitution of workers for technology. While the substitution effect replaces some lower-skilled workers with new technology and more highly-skilled labor, the output effect can lead to an increase in the total number of jobs for less-skilled workers. Critically, output can increase sufficiently to increase jobs across all tasks and skill types within adopting firms, including jobs for lower-skilled workers, as long as lower-skilled task content remains complementary to new technologies and related occupations are not completely automated and replaced by machines. It is this channel for inclusive growth that underlies the power of pro-competitive enabling policies and institutions—such as regulations encouraging firms to compete and policies supporting the development of skills that technology augments rather than replaces—to ensure that the positive impact of technology adoption on productivity and lower-skilled workers is realized.
Book Synopsis Economic Reforms and Total Factor Productivity Growth in Latin America and the Caribbean, 1950-95 by : Pablo Fajnzylber
Download or read book Economic Reforms and Total Factor Productivity Growth in Latin America and the Caribbean, 1950-95 written by Pablo Fajnzylber and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Evolving Geography of Productivity and Employment by : Elena Ianchovichina
Download or read book The Evolving Geography of Productivity and Employment written by Elena Ianchovichina and published by World Bank Publications. This book was released on 2024-03-22 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Evolving Geography of Productivity and Employment: Ideas for Inclusive Growth through a Territorial Lens in Latin America and the Caribbean employs a territorial lens to understand the persistently low economic growth rates in Latin America and the Caribbean (LAC). Using new data and methods, it shows that deindustrialization, distance, and divisions offer intertwined explanations for an urban productivity paradox in the LAC region: its highly dense cities should be among the world’s most productive, yet they are not. LAC cities have been held back by lack of dynamism, poor connectivity, and divisions into disconnected poor and affluent neighborhoods. Deindustrialization has shifted urban employment, especially in the largest LAC cities, away from manufacturing and toward less dynamic, low-productivity nontradable activities, such as retail trade and personal and other services, that profit less from agglomeration, especially in highly congested cities. Although employment in urban tradable services has risen, the increase has not been strong enough to offset the decline in manufacturing employment. Meanwhile, intercity connectivity issues have undermined the performance of the region’s network of cities by restricting market access and firms’ ability to benefit from specialization in smaller cities. Within cities, poor connectivity and residential labor market segregation have limited the gains from agglomeration to neighborhoods in central business districts where formal firms operate. Informality has persisted in low-income neighborhoods, where residents face multiple deprivations. By contrast, many agricultural and mining areas have benefited from the strong demand for commodities by China and other fast-growing economies, particularly during the Golden Decade (2003†“13), leading to a decline in territorial inequality in most countries in the region. The report concludes that to encourage inclusive growth, countries must more efficiently transform natural wealth into human capital, infrastructure, and institutions and improve the competitiveness of the urban economy. It then sketches out the contours of such a development strategy, identifying policy priorities at the national, regional, and local levels.
Book Synopsis The Economic Development of Latin America in the Twentieth Century by : André A. Hofman
Download or read book The Economic Development of Latin America in the Twentieth Century written by André A. Hofman and published by Edward Elgar Publishing. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis Economic Reforms and Total Factor Productivity Growth in Latin America and the Caribbean by : Lederman
Download or read book Economic Reforms and Total Factor Productivity Growth in Latin America and the Caribbean written by Lederman and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
