[PDF.35yy] Does the Investment Climate Matter? (Latin American Development Forum)

Does the Investment Climate Matter? (Latin American Development Forum)

[PDF.xw65] Does the Investment Climate Matter? (Latin American Development Forum)

Does the Investment Climate  Jose Luis Guasch, Pablo Fajnzylber, J. Humberto Lopez epub
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 | #4177933 in eBooks |  2009-01-12 |  2009-01-12 | File type: PDF

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|| |"The two fundamental drivers of growth are the ability to make investments happen and the productivity of investment raising levels and the returns to investment. These two drivers are in turn determined by the quality and scale of the infrastructure, the natu

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, t...

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