Growing Pains: Binding Constraints to Productive Investment in Latin America

Manuel Agosin
Eduardo Fernández-Arias
Fidel Jaramillo
Inter-American Development Bank

Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose removal would yield the greatest benefit in terms of growth, in seven countries in the region.