The age of productivity : transforming economies from the bottom up /
Pagés, Carmen.
Inter-American Development Bank.
[Washington, D.C.] : Inter-American Development Bank ; New York : Palgrave Macmillan,
2010.
Productivity, the main driver of economic prosperity, is languishing in Latin America and the Caribbean and is preventing the region from catching up with the developed world.  Asking why the region is falling farther and farther behind, this book looks beyond the traditional macro explanations and digs all the way down to the industry and firm level to uncover the causes of this low productivity.  It provides tools to ponder productivity growth beyond conventional aggregate analysis, focusing on the extreme heterogeneity of sectors and firms while emphasizing the importance of policies that allow high productivity firms to thrive and expand.  While it certainly considers the plight of manufacturing, the book zeros in on the critical services sectors, particularly those, such as transportation and retail, with important repercussions on the rest of the economy.  It challenges the argument that the region is condemned to stagnation and examines a number of policy levers that can transform the economies of the region.--Publisher's description.
Productivity, the main driver of economic prosperity, is languishing in Latin America and the Caribbean and is preventing the region from catching up with the developed world.  Asking why the region is falling farther and farther behind, this book looks beyond the traditional macro explanations and digs all the way down to the industry and firm level to uncover the causes of this low productivity.  It provides tools to ponder productivity growth beyond conventional aggregate analysis, focusing on the extreme heterogeneity of sectors and firms while emphasizing the importance of policies that allow high productivity firms to thrive and expand.  While it certainly considers the plight of manufacturing, the book zeros in on the critical services sectors, particularly those, such as transportation and retail, with important repercussions on the rest of the economy.  It challenges the argument that the region is condemned to stagnation and examines a number of policy levers that can transform the economies of the region.--Publisher's description.
The age of productivity -- Aggregate productivity : the key to unlocking Latin America's development potential -- Productivity in Latin America : the challenge of the service sector -- Productivity from the bottom up : firms and resource allocation in Latin America -- Trade and productivity : a route to reallocation with a high transport toll -- Why credit matters for productivity -- Taxes and productivity : a game of hide and seek -- Safe and sound social policy : reconciling protection with productivity -- Big questions about small firms -- The importance of ideas : innovation and productivity in Latin America -- Phantom or phoenix? : industrial policies in Latin America today -- The politics of productivity.
Includes bibliographical references and index.
Labor productivity
Labor productivity
Manpower policy
Manpower policy
Full Spanish version and Spanish and English executive summary freely available online at: http://www.iadb.org/research/dia_detail.cfm?id=2010