Research Catalog

Title

Beyond commodities : the growth challenge of Latin America and the Caribbean / Jorge Thompson Araujo, Ekaterina Vostroknutova, Markus Brueckner, Mateo Clavijo, and Konstantin M. Wacker.

Author

Thompson Araujo, Jorge

Publication

Washington, DC : World Bank Group, [2016]

Items in the Library & Off-site

Holdings

Details

Additional Authors

World Bank issuing body.

Description

xxv, 161 pages; 23 cm.

Summary

The Latin America and Caribbean (LAC) region has seen a decade of remarkable growth and income convergence. Growth has been a key driver for reducing poverty and boosting shared prosperity. It has been debated how much of this decade of growth has been driven by policy reforms and how much was due to the favorable external conditions. While external factors were supportive and relevant, the effect of domestic policies was just as relevant for explaining LAC's recent growth performance. The emphasis of domestic policy has shifted from stabilization policies to structural policies. In addition, a benchmarking exercise reveals which policy gaps will lead to the highest potential growth-payoffs for each country and helps identify potential trade-offs. The authors analyze growth in LAC using descriptive statistics and growth econometrics. The authors use these results for explaining the pattern of growth in LAC over the last decade, for looking ahead, and to identify potential policy gaps.

Series Statement

Latin American development forum

Uniform Title

Latin American development forum

Subject

• Economic development > Latin America
• Economic development > Caribbean Area
• Economic development
• Economic policy
• Latin America > Economic policy
• Caribbean Area > Economic policy
• Caribbean Area
• Latin America

Bibliography (note)

• Includes bibliographical references.

Processing Action (note)

• committed to retain

ISBN

• 9781464806582
• 1464806586
• 9781464806599 (canceled/invalid)

LCCN

^^2016030110

OCLC

957414406

Owning Institutions

Harvard Library