Growth and reforms in Latin America
Subtitle: a survey of facts and arguments
By: prepared by Jeromin Zettelmeyer.
Contributors: International Monetary Fund. Western Hemisphere Dept.
Series: IMF working paper -- WP/06/210
Publisher: International Monetary Fund, Western Hemisphere Dept.
Published: 2006
Place of publication: [Washington, D.C.]
Language: eng
Number of pages: 38
Subjects: Latin America -- Economic policy.; Latin America -- Economic conditions.
Description: This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have evolved over time. In comparison with other regions, Latin America has consistently exhibited higher macroeconomic volatility, lower openness, and higher income inequality, though openness and macroeconomic stability have improved since the early 1990s. The paper then discusses three views of why reforms have not led to higher growth in Latin America: that reforms have gone too far; that reforms have not gone far enough; and that reforms have missed the point.
Notes: Caption title.

"September 2006".

Includes bibliographical references (p. 33-38).

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