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dc.titleMarkets for Development: Improving Lives through Competition: Executive Summary
dc.contributor.authorAlviarez, Vanessa
dc.contributor.authorBusso, Matías
dc.contributor.authorKeefer, Philip
dc.contributor.authorSantos, Cezar
dc.contributor.authorStucchi, Rodolfo
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2025-12-11T07:59:41
dc.date.issue2025-12-11T00:12:00
dc.description.abstractLatin America and the Caribbean has made major social and macroeconomic strides, yet growth and productivity remain weak. Markets for Development: Improving Lives through Competition argues that the regions core challenge is limited market competition. High market concentration, regulatory barriers, and weak enforcement of rules allow dominant firms to restrict entry, innovation, and opportunity. This book presents new evidence on how market power shapes firm behavior, employment, and inequality across sectors. It also demonstrates that reducing fragmentation, improving regulation, and strengthening competition policy can lower prices for consumers, raise productivity, create better jobs, and build fiscal capacity, making competition a central driver of development.
dc.format.extent20
dc.identifier.doihttp://dx.doi.org/10.18235/0013851
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Markets-for-Development-Improving-Lives-through-Competition-Executive-Summary.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Mercados-y-desarrollo-Como-la-competencia-puede-mejorar-vidas.-Resumen-ejecutivo.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/portuguese/document/Mercados-e-desenvolvimento-Melhorando-vidas-por-meio-da-competicão.-Sumario-executivo.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.relation.seriesDevelopment in the Americas
dc.subjectInnovation
dc.subjectSmall Business
dc.subjectEquality
dc.subjectLabor Force
dc.subjectGross Domestic Product
dc.subjectCompetitiveness
dc.subjectValue Added
dc.subjectProductivity
dc.subjectRegulation
dc.subjectLabor
dc.subjectWage
dc.subjectLabor Market
dc.subject.jelcodeD40 - Market Structure, Pricing, and Design: General
dc.subject.jelcodeF15 - Economic Integration
dc.subject.jelcodeF16 - Trade and Labor Market Interactions
dc.subject.jelcodeG20 - Financial Institutions and Services: General
dc.subject.jelcodeJ30 - Wages, Compensation, and Labor Costs: General
dc.subject.jelcodeL40 - Antitrust Issues and Policies: General
dc.subject.jelcodeL11 - Production, Pricing, and Market Structure • Size Distribution of Firms
dc.subject.jelcodeL51 - Economics of Regulation
dc.subject.jelcodeO10 - Economic Development: General
dc.subject.jelcodeO43 - Institutions and Growth
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeP35 - Public Economics
dc.subject.keywordsCompetition
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-01130
idb.operationBK-C2036
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