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Recent research conducted by the IDB shows that innovation positively affects productivity growth in the Latin American … dynamics at play in the service sector in the region and the relationship between productivity and innovation in services (as … prolonged productivity lags in the region, while, if well designed and implemented, could have large economic payoffs. This …
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After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
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-sponsored training leads to higher productivity levels and increased innovation, both of which benefit the firm. Training can also be …
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Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
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