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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