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Full Description
Development Macroeconomics in Latin America and Mexico brings the attention of academics, practitioners, and policy makers to the neglected macroeconomic factors that can account for both the unsatisfactory average growth performance of Latin American and the diversity around this average.
Contents
1. Institutional and Policy Convergence with Growth Divergence in Latin America 2. Productivity and Growth: Stylized Facts and Kaldor's Laws in Latin America 3. The Real Exchange Rate, the Real Wage, and Growth: A Formal Analysis of the "Development Channel" 4. The Dutch Disease, the Staple Thesis and the Recent Natural Resource Boom in South America 5. Close to the Epicenter: Mexico and Canada During the Great Recession 6. Why Does the Mexican Economy Grow Less than that of Chile? 7. Mexico, Looking Ahead: Macroeconomic Policy and Development Strategy