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Sustaining Latin America's Resurgence: Some Historical Perspectives

Author/Editor: Singh, Anoop | Cerisola, Martin D.
Authorized for Distribution: November 1, 2006
Electronic Access: Free Full Text (PDF file size is 760KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the conditions that favored capital accumulation and productivity growth in the faster growing economies. Among these, the paper highlights the importance of stable macroeconomic policies, especially fiscal policy.
 
Series: Working Paper No. 06/252
Subject(s): Economic policy | Latin America | Economic growth
Author's keyword(s): Macroeconomic Policy; Policy Design and Consistency; Economic Growth and Open Economies
 
English  
    Published:   November 1, 2006        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA2006252   Pages:   37
    Price:   US$18.00
       
     
Please address any questions about this title to publications@imf.org.