LEADER 05507nam 2200697Ia 450 001 9910453872903321 005 20200520144314.0 010 $a0-8213-7687-X 010 $a1-281-95968-5 010 $a9786611959685 010 $a0-8213-7412-5 035 $a(CKB)1000000000706186 035 $a(EBL)459436 035 $a(OCoLC)560606880 035 $a(SSID)ssj0000401111 035 $a(PQKBManifestationID)11288087 035 $a(PQKBTitleCode)TC0000401111 035 $a(PQKBWorkID)10398836 035 $a(PQKB)11209724 035 $a(MiAaPQ)EBC459436 035 $a(Au-PeEL)EBL459436 035 $a(CaPaEBR)ebr10264155 035 $a(CaONFJC)MIL195968 035 $a(EXLCZ)991000000000706186 100 $a20080602d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aDoes the investment climate matter?$b[electronic resource] $emicroeconomic foundations of growth in Latin America /$fedited by Pablo Fajnzylber, J. Luis Guasch, and J. Humberto Lo?pez 210 $aWashington, DC $cWorld Bank ;$aHoundmills, Basingstoke, Hampshire ;$aNew York $cPalgrave Macmillan$dc2009 215 $a1 online resource (346 p.) 225 1 $aLatin American development forum 300 $aDescription based upon print version of record. 311 $a0-8213-7411-7 320 $aIncludes bibliographical references and index. 327 $aContents; Preface; Acknowledgments; Abbreviations; 1 Is Another Study of Economic Performance in Latin America and the Caribbean Needed?; Figure 1.1 Per Capita Growth in Latin America and the Caribbean, 1963-2006; Figure 1.2 Per Capita Growth in Latin America and the Caribbean, Taking into Account Deviations with Respect to Global Trends, 1963-2005; Figure 1.3 Per Capita Growth in Latin America and the Caribbean, Taking into Account Deviations with Respect to Selected Country Groups, 1963-2005 327 $aTable 1.1 Correlations in Per Capita Growth Rates between Latin America and Some Reference Groups, 1961-2005 Figure 1.4 Per Capita Growth in Latin America and the Caribbean, Taking into Account Deviations with Respect to Country Detail of Global Trends, 1963-2005; Figure 1.5 Gross Capital Formation as a Percentage of GDP, 2004; Figure 1.6 Investment in Latin America in Relation to Per Capita Growth Rate, 2000-05 and 1970-2005; Table 1.2 The Persistence of Investment Rates in Latin America; Figure 1.7 Investment and Growth in Latin America, 1970-2005 327 $aFigure 1.8 Investment and Growth in the World, Excluding Latin America, 1970-2005 Figure 1.9 Regional and Group Comparisons of TFP, 1970-2005; Figure 1.10 TFP in Selected Latin American and Caribbean Countries, 2001-05; Table 1.3 Total Factor Productivity in Latin America: Selected Countries; Figure 1.11 Dramatic Reduction of Vulnerabilities; Figure 1.12 Institutional Quality and Per Capita GDP across Countries; Figure 1.13 Business Environment; Figure 1.14 Infrastructure Investment in Latin America, 1980-2005; Figure 1.15 Cost of Inadequate Infrastructure 327 $aFigure 1.16 Ratio of Domestic Credit to the Private Sector as a Percentage of GDP, 1990 and 2004 Figure 1.17 Banking Access Index, 2004; Table 1.4 Factors That Might Affect Access to the Financial Sector; Figure 1.18 Education in Latin America; Figure 1.19 R&D Expenditures and Income Per Capita; Figure 1.20 Firms with ISO Certification per Million Workers in the Latin America and Caribbean Region and the OECD, 2000 and 2005; 2 The Investment Climate in Latin America; Table 2.1 Top Five Constraints to Productivity and Growth 327 $aTable 2.2 Main Investment Climate Determinants of Labor Productivity, by Theme Table 2.3 Investment Climate Effect on Labor Productivity; Figure 2.1 Relative Magnitude of Estimates: Latin America and the Caribbean Region Average; Table 2.4 Relative Magnitude of Estimates, by Country; Table 2.5 Investment Climate Effect on Labor Productivity: Domestic Firms with Fewer than 100 Employees; Table 2.6 Investment Climate Effect on Labor Productivity: Robust Regression Estimates; Table 2.7 Investment Climate Effect on Total Factor Productivity; Table 2.8 Investment Climate Effect on Wages 327 $aTable 2.9 Investment Climate Effect on Labor Productivity, by Firm Size 330 $aAlthough the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic stability with an increased emphasis on microeconomic reforms. By providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book discusses policies that could have a significant impact on firm productivity by improving the environment in which 410 0$aLatin American development forum. 606 $aInvestments$zLatin America 606 $aFinance$zLatin America 608 $aElectronic books. 615 0$aInvestments 615 0$aFinance 676 $a338.5098 701 $aFajnzylber$b Pablo$0858188 701 $aGuasch$b J. Luis$0859759 701 $aLopez$b J. Humberto$0952172 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910453872903321 996 $aDoes the investment climate matter$92152564 997 $aUNINA