Alternative measures of potential economic growth in Latin America

cepal.bibLevelDocumento Completo
cepal.callNumberLC/W.23
cepal.docTypeDocumentos de proyectos e investigación
cepal.idSade22582
cepal.jobNumberS2005027 E
cepal.physicalDescriptiondiagramas, gráficos, tablas
cepal.regionalOfficeSantiago
cepal.topicEngSUSTAINABLE DEVELOPMENT
cepal.topicEngTRADE IN GOODS AND SERVICES
cepal.topicEngSOCIAL COHESION
cepal.topicSpaDESARROLLO SOSTENIBLE
cepal.topicSpaCOMERCIO DE BIENES Y SERVICIOS
cepal.topicSpaCOHESIÓN SOCIAL
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSUSTAINABLE DEVELOPMENT AND HUMAN SETTLEMENTS
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaDESARROLLO SOSTENIBLE Y ASENTAMIENTOS HUMANOS
cepal.workareaSpaDESARROLLO SOCIAL
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorEscaith, Hubert
dc.contributor.entityNU. CEPAL
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2014-01-02T15:18:53Z
dc.date.available2014-01-02T15:18:53Z
dc.date.issued2005-09
dc.descriptionIncludes bibliography
dc.description.abstractHubert Escaith is Director of the Division of Statistics and Economic Projections of ECLAC. These methodological notes were prepared for a lecture at the 2005 ECLAC Summer School. They are based on, and up-date, a series of papers in Spanish published in 2003 and 2004, which received in 2005 the award Maestro Jesus Silva Herzog" from Economic Research Institute of the Universidad National Autonoma de Mexico. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization. Summary The document analyses the dynamics of economic growth in Latin America. The objective is to present from a didactic perspective several techniques used for extrapolating growth trends, and apply them to the regional situation at the end of the 1990-2003 economic cycle. The document reviews the medium term determinants of growth in the region from the dual standpoints of production function approaches and export-led models, contrasting the particular situation of the principal sub-regions in Latin America. In this process, a series of issues are raised, ranging from the impact of structural reforms on total factor productivity, to the Balance of Payment constraints and the sustainability of the export-led model. Even if the potential for export-led growth seems higher than may have been expected, structural reforms did not have the expected beneficial effect on the supply side of the economy. Productive capacity has been debilitated by years of reduced investments, and total factor productivity has not responded positively to the reforms. Comparing the empirical outcome of various theoretical schools and methodologies, the study determines a set of plausible economic scenarios for the region, and concludes by highlighting some economic policy conditions for strengthening its growth potential and ensure being in a better position to seize the opportunities offered by external markets."
dc.formatTexto
dc.format.extent34 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/W.23
dc.identifier.urihttps://hdl.handle.net/11362/3555
dc.language.isoeng
dc.physicalDescription34 p. : diagrs., gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesDocumentos de Proyectos
dc.relation.isPartOfSeriesNo23
dc.rights.coarDisponible
dc.subject.unbisEngCAPITAL MARKETS
dc.subject.unbisEngECONOMIC ANALYSIS
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngECONOMIC TRENDS
dc.subject.unbisEngEMPLOYMENT
dc.subject.unbisEngMATHEMATICAL MODELS
dc.subject.unbisEngPRODUCTIVITY
dc.subject.unbisEngSTRUCTURAL ADJUSTMENT
dc.subject.unbisEngTRADE IN SERVICES
dc.subject.unbisSpaAJUSTE ESTRUCTURAL
dc.subject.unbisSpaANALISIS ECONOMICO
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaEMPLEO
dc.subject.unbisSpaMERCADOS DE CAPITAL
dc.subject.unbisSpaMODELOS MATEMATICOS
dc.subject.unbisSpaPRODUCTIVIDAD
dc.subject.unbisSpaTENDENCIAS ECONOMICAS
dc.subject.unbisSpaCOMERCIO DE SERVICIOS
dc.titleAlternative measures of potential economic growth in Latin America
dc.type.coarlibro
dspace.entity.typePublication
relation.isAuthorOfPublication2d3a05af-e757-44e7-806c-4be8c1a0c087
relation.isAuthorOfPublication.latestForDiscovery2d3a05af-e757-44e7-806c-4be8c1a0c087
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