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Under-Rewarded Efforts
Santiago Levy Algazi
其他書名
The Elusive Quest for Prosperity in Mexico
出版Inter-American Development Bank, 2018-07-11
主題Business & Economics / Development / Economic Development
ISBN15978230589781597823050
URLhttp://books.google.com.hk/books?id=2OZ3DwAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋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.