Does The Investment Climate Matter?: Microeconomic Foundations Of Growth In Latin America

Business & Finance, Economics, Macroeconomics
Cover of the book Does The Investment Climate Matter?: Microeconomic Foundations Of Growth In Latin America by Fajnzylber Pablo; Lopez J. Humberto; Guasch Jose Luis, World Bank
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Author: Fajnzylber Pablo; Lopez J. Humberto; Guasch Jose Luis ISBN: 9780821374115
Publisher: World Bank Publication: November 12, 2008
Imprint: Language: English
Author: Fajnzylber Pablo; Lopez J. Humberto; Guasch Jose Luis
ISBN: 9780821374115
Publisher: World Bank
Publication: November 12, 2008
Imprint:
Language: English
Although the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic stability with an increased emphasis on microeconomic reforms. By providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book discusses policies that could have a significant impact on firm productivity by improving the environment in which firms invest and operate.
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Although the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic stability with an increased emphasis on microeconomic reforms. By providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book discusses policies that could have a significant impact on firm productivity by improving the environment in which firms invest and operate.

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