This paper brings together the main findings and policy implications of two recent World Bank regional reports on economic growth in Latin America and the Caribbean: Araujo, Vostroknutova, Wacker and Clavijo, editions. (2016) and Araujo, Vostroknutova, Brueckner, Clavijo, and Wacker (2016). In...

Acknowledgments -- Executive summary -- Overview / Jorge Thompson Araujo, Ekaterina Vostroknutova, Konstantin M. Wacker, and Mateo Clavijo -- The Latin American efficiency gap -- Reconciling micro- and macro-based estimates of technology adoption lags in a model of endogenous technology adoption...

Latin America and the Caribbean (LAC) has made slow but consistent progress addressing the imbalances induced by the pandemic in an international environment that is just now showing signs of stabilizing. Despite favorable macroeconomic management, high interest rates and fiscal imbalances...