Economic growth in Latin America in the late 20th century : evidence and interpretation
- SantiagoCL CEPAL 2005
- 44 p.
Seeks to advance one's understanding of the growth patterns of the Latin American economy in the final decades of the 20th century. Focuses on the analysis of medium-to-long term growth. Investigates the role of factor accumulation and total factor productivity growth performance, as well as the role of trade shocks and capital inflows. Looks at changes in the quality of the labour force and macroeconomic instability on total factor productivity growth and GDP growth.