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Economic Growth and Cycles in Latin American Countries in 20th Century

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Author Info
Guisan, M.Carmen ()
Aguayo, Eva () (University of Santiago de Compostela)

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Abstract

In this paper we analyse the evolution of economic growth and economic fluctuations in Latin American countries during the 20th century, with special emphasis in the period 1951-2000. We compare the economic fluctuations and the evolution of GDP, Population and GDP by inhabitant of these countries with OECD. We include an econometric causal analysis explaining this evolution. We also analyse causes of coincidences and discrepancies among countries of this area and a comparison with economic fluctuations in OECD countries. The conclusions suggest some economic policy recommendations for international organizations and governments in order to improve the economic performance of Latin American countries in future, having into account the main difficulties that restrict their possibilities of sustained growth and stability.

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Publisher Info
Article provided by International Association of Economic Cycles in its journal Review on Economic Cycles.

Volume (Year): 4 (2002)
Issue (Month): 1 (August)
Pages:
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Handle: RePEc:rec:cycles:v:4:y:2002:i:1_1

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Web page: http://www.usc.es/economet/cycles.htm

For technical questions regarding this item, or to correct its listing, contact: (M. Carmen Guisan) The email address of this maintainer does not seem to be valid anymore. Please ask M. Carmen Guisan to update the entry or send us the correct address..

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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. Susanto Basu & Alan M. Taylor, 1999. "Business Cycles in International Historical Perspective," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 45-68, Spring. [Downloadable!] (restricted)
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  2. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March. [Downloadable!] (restricted)
  3. Summers, Robert & Heston, Alan, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 327-68, May. [Downloadable!] (restricted)
  4. Jong-Wha Lee & Robert J. Barro, 1997. "Schooling Quality in a Cross Section of Countries," NBER Working Papers 6198, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  5. Guisan, M.Carmen & Exposito, Pilar, 2002. "Economic Growth and Cycles in Asia and Africa in the 20th Century," Review on Economic Cycles, International Association of Economic Cycles, vol. 5(1), December. [Downloadable!]
  6. North, Douglass C, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter. [Downloadable!] (restricted)
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(explanations, 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. Mejia-Reyes, P., 2004. "Classical Business Cycles in America: Are National Business Cycles Synchronised?," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 1(3), pages 75-102. [Downloadable!]
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