Latin America has high levels of entrepreneurship but only mediocre rates of economic growth, which by most accounts is a paradox. The paradox vanishes when one grasps that the region’s low levels of economic freedom have both spurred entrepreneurs and undermined their productivity.
Download PDF
(20 pages)
Juan Pablo Couyoumdjian is a member of the Facultad de Economía y Negocios, and the Facultad de Gobierno, at the Universidad del Desarrollo in Santiago, Chile.
Cristián Larroulet is a member of the Facultad de Economía y Negocios, and the Facultad de Gobierno, at the Universidad del Desarrollo in Santiago, Chile.
