This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...

Wealth inequalities both within and between nations has reached an extreme point and is continuing to increase (Collier P. The bottom billion: why the poorest countries are failing and what can be done about it. Oxford University Press, New York, 2007; Henneberg S, The wealth gaps. Farmington Hills:...