Economic Growth in Latin America and the Caribbean : Stylized Facts, Explanations, and Forecasts
Economic Growth in Latin America and the Caribbean analyzes whether economic reforms have been beneficial to growth in the region. In doing so, it recognizes that growth is driven by a variety of factors - in some cases poor growth is due to insuff...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/03/5764391/economic-growth-latin-america-caribbean-stylized-facts-explanations-forecasts http://hdl.handle.net/10986/7315 |
| Summary: | Economic Growth in Latin America and the
Caribbean analyzes whether economic reforms have been
beneficial to growth in the region. In doing so, it
recognizes that growth is driven by a variety of factors -
in some cases poor growth is due to insufficient structural
reforms (e.g., low trade openness), in others to
inappropriate stabilization policies (e.g., exchange rate
overvaluation), and still in others to negative
international conditions (e.g., growth slowdown in
industrial countries). It is obvious but still correct to
say that identifying the problem is the first step towards
the solution. This book contributes to this effort by
examining the growth performance of countries in Latin
America and the Caribbean, explaining the underlying sources
of their economic growth, and designing a strategy for
further growth. |
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