Structural Reforms, Productivity and Technological Change in Latin America

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Profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open to the rest of the world. This publication looks at the effects of these reforms in an effort to determine whether such expectations as growth, increased productivity, the creation of new jobs and greater equity have been fulfilled. Focusing on technological change, the publication also examines the impact of the reforms on the process of innovation.



Technological change and labour productivity growth in Latin American and manufacturing industries

Having thus far examined the analytical arguments underlying the present enquiry into the impact of recent structural reforms, the book now turns to the empirical evidence. Are Latin American countries and production activities performing better as a result of these market-oriented reforms? Are there differences across countries or sectors of economic activity in this respect? The discussion centres on the notion of labour productivity growth, as explained in the next section.


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