EXCLUSIVE: A note on unproductive activities

Innovation in Latin America is not producing economic growth. Somewhere, the channel that goes from innovation to increased productivity and then to more economic growth, is breaking down. The statistics on this are telling. At the same time, economic growth in the region over the past 15 years increased at a sluggish 2.7 percent per year. There are several explanations for this colossal problem. The pervasive existence of Directly Unproductive Profit-seeking Activities is one of them. Read the full story at Latin Trade. Amazon in talks with Casino over Brazil electronics chain Amazon.com and Casino Guichard Perrachon are negotiating a deal in Brazil either partnering or selling the French retailer’s local appliance and electronics chain, a source familiar with the […]

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