By Piritta Sorsa, Jens Arnold and Paula Garda, OECD Economics Department Why is growth persistently low and so unevenly distributed in emerging Latin America compared to emerging Asia despite a huge potential? Potential growth is ranging around 2-3% in the region. Some refer to dependence on commodities, poor education, weak business environments or corruption as … More Informality and weak competition – a deadly cocktail for growth and equity in emerging Latin America