Under-Rewarded Efforts

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  • Under-Rewarded Efforts Book Detail

  • Author : Santiago Levy Algazi
  • Release Date : 2018-07-11
  • Publisher : Inter-American Development Bank
  • Genre : Business & Economics
  • Pages : 323
  • ISBN 13 : 1597823058
  • File Size : 32,32 MB

Under-Rewarded Efforts by Santiago Levy Algazi PDF Summary

Book Description: 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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