El emprendimiento es un determinante fundamental del crecimiento y la creacion de empleo. Pese a que los emprendedores abundan en America Latina y el Caribe, las empresas de la region son mas pequenas y menos propensas a crecer e innovar que las de otras regiones. El crecimiento de la...

Foreword; Acknowledgments; Abbreviations; 1. Overview; 2. Entrepreneurship, Entry, and the Life Cycle of Firms in Latin America and the Caribbean: Are All Forms of Firm Creation Entrepreneurial?; 3. Entrepreneurship by Incumbent Firms: What Explains the Innovation Gap?; 4. Export...

This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienced a growth spurt with equity during the first decade of the 21st Century. It is well understood that an...

After investment, exports and imports are the most volatile components of aggregate demand within countries. Moreover, the volatility of growth and the volatility of trade flows tend to move together; they declined from the 1990s until 2009, followed by an increase since 2009. This paper...

Traditional measures of trade diversification only take into account contemporaneous export baskets. These measures fail to capture a country’s ability to respond to shocks by allocating factors of production into activities for which it has already paid the fixed costs associated with...

Traditional measures of trade diversification only take into account contemporaneous export baskets. These measures fail to capture a country?s ability to respond to shocks by allocating factors of production into activities for which it has already paid the fixed costs associated with...

Entrepreneurship -- manifested in the entry of new firms or products into new markets, or substantial improvements in technological capacity or process innovation by incumbent firms -- is widely considered to be an important ingredient for long term economic development. This report argues that...