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Trade Competitiviness, Productivity and Institutional Reforms in Latin America, 1950-2003

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  • Rajagopal

Abstract

The institutional reforms Latin American countries have been oriented towards globalization of trade, improving financial and labor markets, developing and comprehending the use of public resources. The paper reviews the approach to trade policy in early reforms period and evolution of thoughts, integrating the economic and structural reforms in Latin America through the analysis of spatial and temporal data referring to the period 1950-2003. The study shows that there have been mixed effects of institutional reforms on the overall economic growth of the Latin American countries. However, the trend in the growth of export in the selected countries has been positive but slow.

Suggested Citation

  • Rajagopal, 2005. "Trade Competitiviness, Productivity and Institutional Reforms in Latin America, 1950-2003," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 5(1).
    • Handle: RePEc:eaa:aeinde:v:1:y:2005:i:1_3
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    More about this item

    Keywords

    Economic reforms; total factor productivity; competitiveness; trade policy; regional growth; Latin America;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment

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