RaboResearch - Economic Research

Special Dutch version

Latin America: locked up in the middle-income trap?

Latin American countries not appear to be breaking out of the middle-income trap. Productivity growth has been disappointingly low in recent decades. There are several big structural issues, such as severe human capital and infrastructure constraints.

Special Dutch version

Latin America: agricultural perspectives

Latin America is an agricultural powerhouse and is likely to remain so given significant resources of unexploited land. The region has achieved respectable productivity growth in the past and it is important to sustain such gains in the future.

Special

Why growth keeps disappointing

In this Special we show that the Euro Area faces considerable challenges for the mid-term. Structural problems on the labour market, sluggish labour productivity caused by declining firm dynamics and an unfavourable interest environment are causes of concern.