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Raising the Bar for Productive Cities in Latin America and the Caribbean

With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Wester...

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Autores principales: Ferreyra, Maria Marta, Roberts, Mark
Formato: En linea
Idioma:inglés
Publicado: Washington, DC: World Bank 2018
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Acceso en línea:https://hdl.handle.net/10986/29279
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author Ferreyra, Maria Marta
Roberts, Mark
author_facet Ferreyra, Maria Marta
Roberts, Mark
author_sort Ferreyra, Maria Marta
collection Publicaciones regionales/sectoriales principales
description With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Western European cities. Closing this gap provides LAC with the opportunity to raise living standards and join the ranks of the world’s richest countries. Raising the Bar: Cities and Productivity in Latin America and the Caribbean is about the productivity of cities in LAC and the factors that help to explain its determination. Based on original empirical research, the report documents the high levels of population density and other features of LAC cities that mark them out from those in the rest of the world. The report also studies the role of three key factors – urban form, skills, and access to markets – in determining the productivity of LAC cities. It shows that while excessive congestion forces and inadequate metropolitan coordination seem to be stifling the benefits of agglomeration, LAC cities benefit from strong human capital externalities. It also finds that, within individual LAC countries, cities are poorly integrated with one another, which contributes to large differences in performance across cities and undermines their aggregate contribution to productivity at the national level.
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spelling wb-10986-292792026-06-22T18:41:01Z Raising the Bar for Productive Cities in Latin America and the Caribbean Ferreyra, Maria Marta Roberts, Mark URBANIZATION URBAN POVERTY LIVING STANDARDS GEOSPATIAL ECONOMICS With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Western European cities. Closing this gap provides LAC with the opportunity to raise living standards and join the ranks of the world’s richest countries. Raising the Bar: Cities and Productivity in Latin America and the Caribbean is about the productivity of cities in LAC and the factors that help to explain its determination. Based on original empirical research, the report documents the high levels of population density and other features of LAC cities that mark them out from those in the rest of the world. The report also studies the role of three key factors – urban form, skills, and access to markets – in determining the productivity of LAC cities. It shows that while excessive congestion forces and inadequate metropolitan coordination seem to be stifling the benefits of agglomeration, LAC cities benefit from strong human capital externalities. It also finds that, within individual LAC countries, cities are poorly integrated with one another, which contributes to large differences in performance across cities and undermines their aggregate contribution to productivity at the national level. 2018-01-31T17:22:24Z 2018-01-31T17:22:24Z 2018-06-12 Book Livre Libro 978-1-4648-1258-3 https://hdl.handle.net/10986/29279 10.1596/978-1-4648-1258-3 English World Bank Latin American and Caribbean Studies; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/pdf Washington, DC: World Bank
spellingShingle URBANIZATION
URBAN POVERTY
LIVING STANDARDS
GEOSPATIAL ECONOMICS
Ferreyra, Maria Marta
Roberts, Mark
Raising the Bar for Productive Cities in Latin America and the Caribbean
title Raising the Bar for Productive Cities in Latin America and the Caribbean
title_full Raising the Bar for Productive Cities in Latin America and the Caribbean
title_fullStr Raising the Bar for Productive Cities in Latin America and the Caribbean
title_full_unstemmed Raising the Bar for Productive Cities in Latin America and the Caribbean
title_short Raising the Bar for Productive Cities in Latin America and the Caribbean
title_sort raising the bar for productive cities in latin america and the caribbean
topic URBANIZATION
URBAN POVERTY
LIVING STANDARDS
GEOSPATIAL ECONOMICS
url https://hdl.handle.net/10986/29279
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