Why has Latin America grown more slowly than Asia?

In Latin America, labor has moved from sectors with high productivity growth to sectors with low (or negative) productivity growth…

Labor has moved from tradable sectors (agriculture and manufacturing) where labor productivity growth has been rapid to non-tradables, especially wholesale and retail trade, where productivity growth has been negative.

From Dani Rodrik, who appears to be blogging again now that the book is finished? Welcome back!

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