Markets for Development: Improving Lives through Competition

https://publications.iadb.org/en/markets-development-improving-lives-through-competition Markets for Development: Improving Lives through Competition Latin America and the Caribbean have made progress in education and macroeconomic stability, yet growth remains slow and inequality high. A key reason is weak competition. Concentrated and fragmented markets limit innovation, productivity, and opportunities. High market concentration, regulatory barriers, and weak enforcement of rules stifle innovation and limit opportunities. This book presents new evidence showing that greater competition can foster development by lowering prices, increasing productivity, creating better jobs, and strengthening public finances.