It takes the average reader 1 hour and 22 minutes to read The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame? by Mr.Bas B. Bakker
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In the last few decades there has been little convergence of income levels in Latin America with those in the United States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the result of low investment. Latin America is poorer because of lower human capital levels and lower TFP—not because of a lower capital-output ratio. Cross-country differences of TFP in turn are associated with differences in human capital, governance and business climate indicators. We demonstrate that once levels of human capital and governance are taken...
The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame? by Mr.Bas B. Bakker is 82 pages long, and a total of 20,664 words.
This makes it 28% the length of the average book. It also has 25% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 52 minutes to read The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame? aloud.
The Lack of Convergence of Latin-America Compared with CESEE: Is Low Investment to Blame? is suitable for students ages 10 and up.
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