eBook

Does the investment climate matter? : microeconomic foundations of growth in Latin America

Fajnzylber, Pablo, Lopez, J. Humberto, Guasch, J. Luis

2009,2008,2011

Overview

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.

• Publisher: World Bank,Palgrave Macmillan,World Bank Publications,The World Bank,Washington, DC : The World Bank,New York: Palgrave Macmillan
• Subject: ANNUAL GROWTH / AVERAGE GROWTH / AVERAGE PRODUCTIVITY / AVERAGE PRODUCTIVITY GROWTH / BANK LOANS / BANKRUPTCY / BENCHMARK / BUREAUCRACY / BUSINESS & ECONOMICS / BUSINESS CYCLE / BUSINESS ENVIRONMENT / BUSINESS REGULATIONS / CAPITAL ACCUMULATION / CAPITAL INVESTMENTS / CAPITAL MARKETS / CAPITAL STOCK / CAPITAL STOCKS / CHECKING ACCOUNTS / COMMODITIES / COMMODITY / COMMODITY PRICES / COMPARATIVE ANALYSIS / COMPETITIVENESS / COPYRIGHT CLEARANCE / COPYRIGHT CLEARANCE CENTER / CORPORATE GOVERNANCE / CORPORATE TAXES / CORRUPT OFFICIALS / CORRUPTION / COUNTRY LEVEL / COUNTRY REGRESSIONS / COUNTRY RISK / CREDIT CONSTRAINTS / CREDIT IMPERFECTIONS / CRISES / CURRENT ACCOUNT BALANCE / DEBT / DECREASING RETURNS / DEPENDENT VARIABLE / DEPOSITS / DESCRIPTIVE STATISTICS / DEVELOPING COUNTRIES / DEVELOPING REGIONS / DEVELOPING WORLD / DEVELOPMENT ECONOMICS / DEVELOPMENT PRACTITIONERS / DEVELOPMENT REPORT / DEVELOPMENT RESEARCH / DIMINISHING RETURNS / DOMESTIC CREDIT / ECONOMETRIC ANALYSES / ECONOMETRICS / ECONOMIC ACTIVITY / Economic conditions / Economic development / ECONOMIC ENVIRONMENT / ECONOMIC GROWTH / ECONOMIC PERFORMANCE / Economic policy / ECONOMICS LITERATURE / ECONOMICS PROFESSION / ECONOMIES OF SCALE / ELASTICITY / EMPIRICAL EVIDENCE / ENTERPRISE SURVEYS / EXPORT PROMOTION / exporter premiums / EXPORTS / EXTERNAL FACTORS / EXTERNALITIES / FACTORS OF PRODUCTION / Finance / Finance -- Latin America / financial access / FINANCIAL CRISIS / FINANCIAL DEPTH / FINANCIAL DEVELOPMENT / FINANCIAL INFORMATION / FINANCIAL INSTITUTION / FINANCIAL MARKETS / FINANCIAL SECTOR / FINANCIAL SECTOR DEVELOPMENT / FINANCIAL SECTORS / FINANCIAL SERVICES / FINANCIAL SYSTEMS / FIRM GROWTH / FIRM PERFORMANCE / FISCAL POLICY / FIXED CAPITAL / FIXED EFFECTS / GDP / GDP PER CAPITA / GLOBAL ECONOMY / GLOBALIZATION / GOVERNANCE MEASURES / GROSS DOMESTIC PRODUCT / GROSS FIXED CAPITAL FORMATION / GROSS INVESTMENT / GROWTH ACCELERATIONS / GROWTH COMPONENT / GROWTH ELASTICITY / GROWTH FRONT / GROWTH MODELS / GROWTH OF LABOR / GROWTH PERFORMANCE / GROWTH PROSPECTS / GROWTH RATE / GROWTH RATES / HIGH GROWTH / HIGH INEQUALITY / HOUSEHOLD SURVEYS / HUMAN CAPITAL / IMPROVING PRODUCTIVITY / INCOME / INCOME GROUPS / INCOME LEVEL / INCOME LEVELS / INCOME PER CAPITA / Investment / investment climate / Investments / Investments -- Latin America / labor productivity / LADF / Latin America / Latin American Development Forum / Latin American studies / Microeconomics / product innovation / Regional development / total factor productivity
• ISBN: 9780821374115, 0821374117, 9780821374122, 0821374125, 9780821376874, 082137687X