The Age of Productivity Transforming Economies from the Bottom Up
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
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Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-02-01
The Age of Productivity
10.1057/9780230107618preview - The Age of Productivity, Inter-American Development Bank
Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-02-01
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10.1057/9780230107618preview - The Age of Productivity, Inter-American Development Bank
The Age of Productivity
Carmen Pagés, Editor
10.1057/9780230107618preview - The Age of Productivity, Inter-American Development Bank
Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-02-01
Transforming Economies from the Bottom Up
THE AGE OF PRODUCTIVITY
Copyright © Inter-American Development Bank, 2010. All rights reserved. First published in 2010 by PALGRAVE MACMILLAN® in the United States – a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010.
PALGRAVE MACMILLAN is the global academic imprint of the above companies and has companies and representatives throughout the world. PALGRAVE® and MACMILLAN® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–0–230–62352–1 (paperback) ISBN: 978–0–230–62350–7 (hardback) Library of Congress Cataloging-in-Publication Data The age of productivity : transforming economies from the bottom up / edited by Carmen Pagés. p. cm. Includes bibliographical references and index. ISBN 978–0–230–62352–1 1. Labor productivity—Latin America. 2. Labor productivity—Caribbean Area. 3. Manpower policy—Latin America. 4. Manpower policy—Caribbean Area. I. Pagés, Carmen. HD57.A33 2009 331.11'8098—dc22 2009049087 A catalogue record of the book is available from the British Library. Design by MPS Limited, A Macmillan Company First edition: April 2010 10 9 8 7 6 5 4 3 2 1 Printed in the United States of America.
10.1057/9780230107618preview - The Age of Productivity, Inter-American Development Bank
Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-02-01
Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS.
About the Contributors
vii
Preface List of Boxes
ix xi
List of Figures
xiii
List of Tables
xvii
Acknowledgments
xix
1 The Age of Productivity
1
2 Aggregate Productivity: The Key to Unlocking Latin America’s Development Potential
23
3 Productivity in Latin America: The Challenge of the Service Sector
45
4 Productivity from the Bottom Up: Firms and Resource Allocation in Latin America
69
5 Trade and Productivity: A Route to Reallocation with a High Transport Toll
97
6 Why Credit Matters for Productivity
123
7 Taxes and Productivity: A Game of Hide and Seek
153
8 Safe and Sound Social Policy: Reco
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