Economic growth in Latin America and the Caribbean: stylized facts, explanations, and forecasts

This publication 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 stabi...

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Bibliographische Detailangaben
Hauptverfasser: Loayza, Norman 1964- (VerfasserIn), Fajnzylber, Pablo (VerfasserIn), Calderón Meléndez, César (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Washington, D.C. World Bank c2005
Ausgabe:1. printing
Schlagworte:
Zusammenfassung:This publication 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.--Publisher's description.
Beschreibung:vii, 156 p. ill.
ISBN:0821360914
9780821360910
0821360922

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