Abstract

http://ssrn.com/abstract=945734
 
 

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Sustaining Latin America's Resurgence: Some Historical Perspectives


Martin D. Cerisola


International Monetary Fund (IMF)

Anoop Singh


International Monetary Fund (IMF)

November 2006

IMF Working Paper No. 06/252

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.

Number of Pages in PDF File: 39

Keywords: Macroeconomic Policy, Policy Design and Consistency, Economic Growth, and Open Economies

JEL Classification: E30, E61, F02, F32, F36, F43

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Date posted: November 18, 2006  

Suggested Citation

Cerisola, Martin D. and Singh, Anoop, Sustaining Latin America's Resurgence: Some Historical Perspectives (November 2006). IMF Working Paper No. 06/252. Available at SSRN: http://ssrn.com/abstract=945734

Contact Information

Martin D. Cerisola (Contact Author)
International Monetary Fund (IMF) ( email )
700 19th Street NW
Washington, DC 20431
United States
Anoop Singh
International Monetary Fund (IMF) ( email )
700 19th Street NW
Washington, DC 20431
United States
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