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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 productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs.       This book is open access under a CC BY-NC-ND 3.0 IGO license.      .

Development economics. --- Microeconomics. --- International economics. --- Regional economics. --- Development Economics. --- International Economics. --- Regional/Spatial Science. --- Economics --- Regional planning --- Regionalism --- Space in economics --- Economic development --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Price theory --- Spatial economics. --- Spatial economics --- Regional economics --- Latin America --- Caribbean Area --- Caribbean Area. --- Latin America. --- Economic policy. --- Asociación Latinoamericana de Libre Comercio countries --- Neotropical region --- Neotropics --- New World tropics --- Spanish America --- Caribbean Free Trade Association countries --- Caribbean Region --- Caribbean Sea Region --- West Indies Region --- development --- economics

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Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being.

Development economics. --- Economic policy. --- Regional economics. --- Spatial economics. --- Latin America --- Caribbean Area --- Caribbean Area. --- Latin America. --- development --- economic policy --- Spatial economics --- Economics --- Regional economics --- Regional planning --- Regionalism --- Space in economics --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Economic development --- Asociación Latinoamericana de Libre Comercio countries --- Neotropical region --- Neotropics --- New World tropics --- Spanish America --- Caribbean Free Trade Association countries --- Caribbean Region --- Caribbean Sea Region --- West Indies Region