

An edition of Economic growth in Latin America and the Caribbean (2005)
stylized facts, explanations, and forecasts
By Norman Loayza
Publish Date
2005
Publisher
World Bank
Language
eng
Pages
156
Description:
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.
subjects: Gross domestic product, Economic conditions, Macroeconomics, Produit interieur brut, POLITICAL SCIENCE, Produto interno bruto, Economics, Economische groei, Reforme economique, Conditions economiques, America latina (condicʹoes economicas), Caribe (condicʹoes economicas), Economische hervormingen, Structurele aanpassing (ontwikkelingseconomie), Impact economique, Wirtschaftswachstum, Croissance economique, BUSINESS & ECONOMICS, Economic history
Places: Caribbean Area, Latin America
Times: 1945-