Boosting Productivity and Inclusive Growth in Latin America

Description

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 ... PROLOGUE FOREWORD ACKNOWLEDGEMENTS TABLE OF CONTENTS TIME TO ACT: PRODUCTIVITY, INVESTMENT PRIORITIES AND PUBLIC POLICY INTRODUCTION METHODOLOGY CLUSTERS, PRIORITY REFORMS AND DEVELOPMENT THE PATH TO TAKEOFF GAPS, REFORMS AND PROBABILITY OF JUMPING A CONTINENT FACING A MIDDLE INCOME TRAP CONCLUSIONS THEMATIC CHAPTER 1. SETTING FRAMEWORK CONDITIONS FOR PRODUCTIVITY GAINS Education, skills and youth in Latin America and the Caribbean Strengthening tax policy Fighting informality Tackling corruption, enhancing trust and strengthening judicial effectiveness Getting institutions right: Productivity Commissions Governance of public investment and infrastructure Cities as productivity hubs: enhancing net agglomeration economies THEMATIC CHAPTER 2. UNLEASHING PRIVATE SECTOR PRODUCTIVITY Competition Policy and Regulation Digitalisation and Productivity Fostering business dynamism Investments in Technology and Innovation Doing well by doing good: How can the business sector help to achieve inclusive productivity Reducing skill mismatches THEMATIC CHAPTER 3. FACILITATING THE DIFFUSION OF PRODUCTIVITY IMPROVEMENTS GVCs, Knowledge Spillovers and Productivity More coherent trade agreements for a better GVC integration COUNTRY NOTES Argentina Brazil Chile Colombia Costa Rica Dominican Republic Mexico Panama Paraguay Peru Uruguay