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005			20221101193746.0
008			050606s2005 dcua b 000 0 eng d
010			_a 2005043704
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035			_a(ATU)b10985566
035			_a(DLC) 2005043704
035			_a(OCoLC)58599887
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042			_apcc
050	0	0	_aHC130.I5 _bL63 2005
082	0	0	_a339.38 _222
100	1		_aLoayza, Norman, _eauthor. _91029819
245	1	0	_aEconomic growth in Latin America and the Caribbean : _bstylized facts, explanations, and forecasts / _cNorman Loayza, Pablo Fajnzylber, and César Calderón.
246	3		_aEconomic growth in Latin America and the Caribbean : _bStylised facts, explanations, and forecasts
264		1	_aWashington, D.C. : _bWorld Bank, _c[2005]
264		4	_c©2005
300			_avii, 156 pages : _billustrations ; _c26 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 149-156).
505	0	0	_g1. _tStylized facts -- _g2. _tDeterminants of growth -- _g3. _tGrowth in the future -- _g4. _tConclusions.
520	1		_a"For Latin America and the Caribbean as a whole, the 1960s and 1970s were decades of solid growth rates. This changed in the 1980s, when the growth rate of output per capita fell to negative values and its volatility increased notably. However, Latin America's growth became positive again in the 1990s, with truly remarkable turnarounds in Argentina, Costa Rica, El Salvador, Nicaragua, and Peru. This recovery was driven in most cases by large increases in the growth of total factor productivity, reflecting the initial benefits from the process of economic reforms initiated in the 1990s." "This book analyzes the progress of economic reforms and the extent to which they have been beneficial to growth in Latin America and the Caribbean. The book argues that, notwithstanding the progress made, economic growth is still insufficient in the region. This is due to a variety of factors. In some cases poor growth is due to not enough structural reforms (such as low labor market flexibility), in other cases inappropriate stabilization policies (leading to exchange rate overvaluation, for example), and still in other cases negative international conditions (such as a slowdown of growth in industrial countries). Identifying the problem is the first step toward the solution. This book contributes to this effort as it examines the growth performance of countries in the region, explains the underlying sources of their economic growth, and sets the basis of a strategy for further reform."--BOOK JACKET.
588			_aMachine converted from AACR2 source record.
650		0	_aGross domestic product _zLatin America _9659050
650		0	_aGross domestic product _zCaribbean Area _9659061
651		0	_aLatin America _xEconomic conditions _y1945- _9501071
651		0	_aCaribbean Area _xEconomic conditions _y1945- _9500724
700	1		_aFajnzylber, Pablo, _eauthor. _91029817
700	1		_aCalderón, César. _9263421
907			_a.b10985566 _b03-10-17 _c27-10-15
942			_cB
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999			_c1157752 _d1157752