In identifying binding constraints to growth of developing member countries, ADB and other multilateral development banks have adopted the Hausmann-Rodrick-Velasco methodology. In principle the methodology is relatively straightforward: by looking at all the possible constraints to private investment—the main driver of economic growth in a given country–in comparison to its … [Read more...] about Rethinking the growth diagnostics framework
Hausmann-Rodrick-Velasco methodology
Let’s Change the Policy Dialogue in the Caribbean to One about Productivity Drivers that can be Measured
In identifying binding constraints to growth of member-countries, the IDB and many other multilateral banks have adopted the Hausmann-Rodrick-Velasco methodology. In principle the methodology is relatively straightforward: by looking at all the possible constraints to private investment--the main driver of growth of a country--in comparison to … [Read more...] about Let’s Change the Policy Dialogue in the Caribbean to One about Productivity Drivers that can be Measured