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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. ....

United States , James Sampi , John Haltiwanger , Javier Coronado , Richard Blundell , Paula Cusolito , Peter Howitt , Josef Schumpeter , Marcela Eslava , Jan Eeckhout , Alvaro Garcia Marin , Williamf Maloney , Maurice Kugler , Rachel Griffith , Marc Schiffbauer , Andreia Levchenko , Philippe Aghion , Adriana Kugler , Sergiol Schmukler , Elin Ma , Pravin Krishna , Financial Development In Latin America , Organisation For Economic , American Economic Association , Harvard University Philippe Aghion , World Bank Latin American ,

Proximity to the frontier, markups, and the response of innovation to foreign competition

The impacts of rising competition on innovation remain unclear, and often depend on country context. This column analyses the impact of increased import competition from China on innovation by Chilean firms. It finds a negative overall impact of competition on innovation indicators. Low-productivity firms in particular see declines across all innovation measures, while the ....

United States , World Bank , District Of Columbia , J Van Biesebroeck , J Van Reenen , Van Biesebroeck , Firm Performance , Research Working Paper Series , Harvard University , World Bank Publications , Journal Of Development Economics , United Kingdom , Quarterly Journal , Domestic Innovation , American Economic Review , Induced Technical , Chinese Imports , Economic Studies , Trade Induced Technical Change , Foreign Competition , Matched Production Innovation Surveys , Policy Research Working Paper Series , Annual Review , American Economic Journal , Invertedu Relationship , Market Structure ,