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Competitiveness & Growth

Latin America : Investing in infrastructure is key to achieve long term sustained growth

Trade & Globalization | Competitiveness & Growth | Emerging Countries 
PostJune 27, 2017
By Camilo Umana Dajud
The sharp drop in commodity prices has had a sizeable impact on Latin America's short term growth prospects. The decline in terms of trade has also revealed, once again, the low productivity of the region's economies. Investing in infrastructure could help Latin America simultaneously address these short and long term challenges.

Why denser areas are more productive

Competitiveness & Growth 
PostDecember 2, 2016
By Lionel Fontagné, Gianluca Santoni
A key driver of productivity is ease of resource allocation. This column uses firm-level data for France to show that misallocation has a spatial dimension: resource allocation and the associated effect on productivity are related not only to firms’ characteristics, but also to the environment in which they operate. Denser commuting zones seem to offer a better match between employers and employees, leading to more productive firms.

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