Gregorio, José de; Lee, Jong-Wha - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2004)
This paper compares the experience of growth performance and macroeconomic adjustment between East Asia and Latin … America from 1970 to 2000. We find that the difference in growth performance between two regions can largely be attributed to … growth performance. Analysis reveals that growth rates tend to fall only temporarily following a balance-of-payments crisis …