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.
General
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