Sustaining Latin America's Resurgence [electronic resource] : Some Historical Perspectives / Anoop Singh.
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TextSeries: IMF Working Papers; Working Paper ; No. 06/252Publication details: Washington, D.C. : International Monetary Fund, 2006Description: 1 online resource (37 p.)ISBN: 1451865120 :ISSN: 1018-5941Subject(s): Business Fluctuations | Discretionary Fiscal Policy | Economic Growth and Open Economies | Economic Growth of Open Economies | Economic Growth | Exchange Rate | Argentina | Brazil | Chile | China, People's Republic of | IndiaAdditional physical formats: Print Version:: Sustaining Latin America's Resurgence : Some Historical PerspectivesOnline resources: IMF e-Library | IMF Book Store Abstract: This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the conditions that favored capital accumulation and productivity growth in the faster growing economies. Among these, the paper highlights the importance of stable macroeconomic policies, especially fiscal policy.
This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the conditions that favored capital accumulation and productivity growth in the faster growing economies. Among these, the paper highlights the importance of stable macroeconomic policies, especially fiscal policy.
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