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The Development Implications of External Integration in Latin America

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  • Ocampo, Jose Antonio
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    Abstract

    This paper analyses the links between the integration into the international economy and development in Latin America over the past quarter century. It argues that external liberalization led to faster export growth but not to faster GDP or productivity g

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    File URL: http://www.wider.unu.edu/stc/repec/pdfs/wp2012/wp2012-048.pdf
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    Bibliographic Info

    Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2012/48.

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    Length: 24
    Date of creation: 2012
    Date of revision:
    Handle: RePEc:unu:wpaper:wp2012-48

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    Related research

    Keywords: trade liberalization; specialization patterns; regional integration; capital account openness; production sector policies; real exchange rate;

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    References

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    1. Eduardo Lora, 2001. "Structural reforms in Latin America: What has been reformed and how to measure it?," Research Department Publications 4287, Inter-American Development Bank, Research Department.
    2. International Monetary Fund, 2011. "Policy Instruments to Lean Against the Wind in Latin America," IMF Working Papers 11/159, International Monetary Fund.
    3. Bilge Erten, 2012. "Super-cycles of commodity prices since the mid-ninteenth century," Working Papers 110, United Nations, Department of Economics and Social Affairs.
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    Cited by:
    1. Giovanni Andrea Cornia & Milica Uvalic, 2012. "Learning from the past: Which of the past/current development strategies are best suited to deal with the ‘quadruple crisis’?," Working Papers 116, United Nations, Department of Economics and Social Affairs.

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