Latin America faces the twin challenges of achieving economic growth and reducing extreme inequality. Notwithstanding the heterogeneity among Latin American countries (LACs), most of them exhibit both: (i) low average Gross Domestic Product (GDP) growth; and (ii) increased inequality during the 1980s. This long period includes the 'lost decade,' when outcomes in both variables were evidently negative. These negative trends have persisted since the...
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2010/01/01
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Documento de Trabalho (Série Numerada)
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57750
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1
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1
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2010/12/08
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Disclosed
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Growth challenges for Latin America : what has happened, why, and how to reform the reforms
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small and medium enterprise
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