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Competition, Capabilities and Finance: Reviving Growth in Latin America

Latin America's tepid economic growth limits its ability to address pressing social issues. What must be done to elevate its growth rate, resilience to future shocks and response to climate change? Three required measures are increased competition, improved capacity for firms to profit from this competition and fortified financial markets.

Economics & Marginalia: February 3, 2023

After paralysis and despair in the face of infinite shades of off-white paint a couple of weeks ago, I have graduated to a new form of suffering: choosing tiles. Tiles are even more fiendish, because the choice is multiplicative: you can choose several colours, finishes, crackles, glazes and glosses (are they different? I stopped listening to what I was typing after the first two adjectives), and then combine multiple tiles in different designs.

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