Reports on productivity See all

Average annual rates of growth (%), advanced economies, emerging economies and Latin America, 1960-2018

Examining Latin America’s ‘puzzle’ of low growth

Why do Latin American countries remain mired in sluggish economic growth? Economists have addressed the question with reams of analysis, but the answer is simple: low productivity. That in turn, has been caused by government involvement in the economy that has stifled competition and innovation. The real puzzle is what it will take for the region to change course. 

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