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Institutional and policy convergence with growth divergence in Latin America

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  • Ros, Jaime

Abstract

In the last decades Latin American countries, and very much related to the implementation of macroeconomic reforms, have seen a convergence in economic policy making, design, tool kits and objectives. This convergence has been rather generalized in the region with few exceptions. The paper explores the reasons why this convergence has not been reflected in a similar way on their economic performances. It pays special attention to the role played by institutional factors and by government policies in explaining the diversity in growth performance.

Suggested Citation

  • Ros, Jaime, 2012. "Institutional and policy convergence with growth divergence in Latin America," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 139, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  • Handle: RePEc:ecr:col031:4923
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    File URL: http://repositorio.cepal.org/handle/11362/4923
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    1. Nelson H. Barbosa-Filho, 2009. "Inflation Targeting in Brazil: 1999–2006," Chapters,in: Beyond Inflation Targeting, chapter 7 Edward Elgar Publishing.
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    Keywords

    CONVERGENCIA ECONOMICA; POLITICA INDUSTRIAL; CRISIS ECONOMICA; CRECIMIENTO ECONOMICO; DESARROLLO INDUSTRIAL; ECONOMIC CONVERGENCE; INDUSTRIAL POLICY; ECONOMIC CRISIS; ECONOMIC GROWTH; INDUSTRIAL DEVELOPMENT;

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