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Under-Rewarded Efforts

The Elusive Quest for Prosperity in Mexico

By: Santiago Levy Algazi

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Under-Rewarded Efforts

The Elusive Quest for Prosperity in Mexico

By: Santiago Levy Algazi

Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

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Page Count

323

Publisher

Inter-American Development Bank

Published Date

ISBN 10

1597823058

ISBN 13

9781597823050

Under-Rewarded Efforts

The Elusive Quest for Prosperity in Mexico

By: Santiago Levy Algazi

Write a review Read reviews Take a Quiz Solve Book Puzzle

Under-Rewarded Efforts

The Elusive Quest for Prosperity in Mexico

By: Santiago Levy Algazi

Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Write a review

Solve jigsaw puzzle

Age

Page Count

323

Publisher

Inter-American Development Bank

Published Date

ISBN 10

1597823058

ISBN 13

9781597823050

Book's by Santiago Levy Algazi

Under-Rewarded Efforts

Under-Rewarded Efforts

Under-Rewarded Efforts

Under-Rewarded Efforts

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