Reform and Growth in Latin America: All Pain, No Gain?
IADB, Research Department Working Paper No. 351
31 Pages Posted: 4 Dec 2000
There are 2 versions of this paper
Reform and Growth in Latin America: All Pain, No Gain?
Reform and Growth in Latin America: All Pain, No Gain?
Date Written: August 1997
Abstract
The paper addresses the adequacy of post-reform growth in Latin America in the 1990s on the basis of international comparison and other relevant standards, analytically exploring and empirically testing a number of hypotheses to explain the perceived dissatisfaction with growth performance. It also estimates the long-run growth payoff of macroeconomic reforms, the additional gains that can be achieved by deepening this first generation of reforms, and the potential payoff from broadening the scope of reform into a second generation of reforms encompassing deeper structural and institutional areas.
Keywords: Structural reform, stabilization, growth
JEL Classification: E0, F3, O4
Suggested Citation: Suggested Citation
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