Free Download BookUnderstanding the Income and Efficiency Gap in Latin America and the Caribbean (Directions in Development)

Get Understanding the Income and Efficiency Gap in Latin America and the Caribbean (Directions in Development)



Get Understanding the Income and Efficiency Gap in Latin America and the Caribbean (Directions in Development)

Get Understanding the Income and Efficiency Gap in Latin America and the Caribbean (Directions in Development)

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The Latin America and the Caribbean Region (LAC) has benefited from a decade of remarkable growth. Yet despite this recent progress, the region still faces a significant per capita income gap with the rest of the developed world, and a sustained long-term path toward income convergence is not guaranteed. The papers in Understanding the Income and Efficiency Gap in Latin America and the Caribbean make an important contribution to the ongoing research and debate on the reasons for this persistent income gap and propose some broad avenues for reform. This volume presents new evidence at the macro, sectoral, and micro levels that differences in total factor productivity (TFP), or efficiency in using the production factors, such as physical and human capital an efficiency gap explain a large part of the region s persistent income gap. The studies in this volume find that (i) increasing focus on closing the efficiency gap is critical to reduce the income gap and improve LAC s convergence prospects; (ii) eliminating distortions that cause misallocation of resources will also improve the incentives to innovate; and (iii) reducing macroeconomic volatility will alleviate the negative impact of the poverty gap on growth. Understanding the reasons behind LAC s income gap is a necessary step toward designing appropriate growth strategies, particularly in the context of a growth slowdown the region is currently experiencing. Understanding the Income and Efficiency Gap in Latin America and the Caribbean narrows the search for the reasons behind LAC s income gap and provides policy priorities for addressing the problem. Argentina facts information pictures Encyclopedia.com ... Spanish cattle on the pampas multiplied to such an extent that the role of wild cattle herds in Argentine history was the same as that of the buffalo herds in the US ... The History of Hypnosis The history of hypnosis is full of contradictions. On the one hand a history of hypnosis is a bit like a history of breathing. Like breathing hypnosis is an ... Sustainability: Carrying Capacity & Ecological Footprints ... Did You Know?. June 14 2008 Earth Policy Institute Plan B 3.0 *The 8 warmest years have occurred in the last decade. *For seven of the last eight years the world ... Stress on the environment society and resources? Global ... Do large populations affect and put stress on the environment society and resources? Populations do affect and put stress on the environment. Chapter 17: POVERTY ALLEVIATION - Guyana Basic Needs: Income below poverty line: Income above poverty line: Total: Basic needs unfulfilled: 51.0: 18.6: 69.9: Basic needs fulfilled: 17.8: 12.6: 30.4: Total Twitpic - Share photos and videos on Twitter 2017 Twitpic Inc All Rights Reserved. Home Contact Terms Privacy OECD.org - Social and welfare issues The OECD the City of Paris and the Ford Foundation will host its second meeting in the fight against rising inequality in cities. The event will include sessions ... OECD.org - Economy Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and ... Doctoral Dissertations Available from Proquest ... Submissions from 2014. Amoroso Jon William (2014) Reactive Probes for Manipulating Polyketide Synthases and Photoreactive Probes for Strained Alkyne Click Chemistry Deli Brands of America Discover Deli with a Difference! Established in 1932 Deli Brands of America has a tradition of quality and value that is unsurpassed.Your customers will taste the ...
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