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Income & Efficiency Gap (Araujo et al.)

The income and efficiency gap in Latin America and the Caribbean by Jorge Thompson Araujo, Ekaterina Vostroknutova, Konstantin M. Wacker and Mateo Clavijo published by World Bank (3/2016). “The countries of the Latin America and Caribbean region (LAC), like other emerging economies, have benefited from a decade of remarkable growth and some income per capita convergence towards the United States and other industrialized countries…”

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