"The mistakes the U.S. has made in Latin America-and the high price it will pay for them Washington has long told Latin American countries how to run their economies: bring in multinationals, eliminate the social safety net, keep government debt low, court U.S. politicians, and sign free trade...

This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm...