Additional information is available for the following registered author(s):

• Eva Aguayo
• Maria-Carmen Guisan

We present an international comparison of economic development in Latin America during the 20th century, in relation with the USA and Canada, as well as with several Western Europe countries, which shows that although the average growth rate was higher in Latin America, income per capita has had a lower rate of growth due to the high value of the average rates of population growth in Latin America. The article focuses, particularly, on the evolution of Mexico, Argentina, Brazil and Andean America, and we analyse the positive impact of education on economic development and the importance of increasing the public expenditure on education per inhabitant in order to get a improve economic development during the first decades of the 21st century.

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Article provided by Euro-American Association of Economic Development in its journal Estudios Economicos de Desarrollo Internacional.

Volume (Year): 2 (2002)
Issue (Month): 1 ()
Pages: 109-121
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Handle: RePEc:eaa:eedein:v:2:y2002:i:1_5

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Find related papers by JEL classification:
E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
F0 - International Economics - - General
I2 - Health, Education, and Welfare - - Education
L8 - Industrial Organization - - Industry Studies: Services
O1 - Economic Development, Technological Change, and Growth - - Economic Development
O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

1. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March. [Downloadable!] (restricted)
2. Claudia Goldin & Lawrence F. Katz, 2001. "The Legacy of U.S. Educational Leadership: Notes on Distribution and Economic Growth in the 20th Century," American Economic Review, American Economic Association, vol. 91(2), pages 18-23, May. [Downloadable!] (restricted)
3. Donald J. Robbins, 1999. "Gender, Human Capital and Growth: Evidence from Six Latin American Countries," OECD Development Centre Working Papers 151, OECD, Development Centre. [Downloadable!]
4. Barro, Robert J. & Lee, Jong-Wha, 1994. "Sources of economic growth," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 1-46, June. [Downloadable!] (restricted)

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This page was last updated on 2009-12-13.