Micro and small-sized enterprises (MSE) have a central role in economic development in Latin America given their large contribution to employment generation, their share in the total number of firms and, to a lesser extent, their contribution to gross domestic product. Yet, their production is mainly oriented to the domestic market and they are characterized by an increasing productivity gap with...

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The international financial crisis of 2008-2009, its impact on economic activity and contrasting I responses to face it have given new impetus to the debate Between academics, international organization representatives and public officers on the scope for public policies to reduce the adverse impact of externa) shocks and trigger sustainable long-term growth in production and employment. The...

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