The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame?

The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame?
In the last few decades there has been little convergence of income levels in Latin America with those in the United States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the result of low investment. Latin America is poorer because of lower human capital levels and lower TFP—... READ MORE...

Publication date: June 2020
ISBN 9781513547886
$18.00

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