sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and …

sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and …

High government debts, weak economic growth, vulnerability to external shocks and the design of sound fiscal …. Stabilization programs may harm economic growth but, under certain conditions, they could be expansionary. The main result of this … analysis is that the uncertainty about the future evolution of debt increases when the volatility of exogenous shocks that …

Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort … falling behind. The growth record of Latin America in the recent past has been poor. For decades the average income per capita …

below trend—and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …

Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort … falling behind. The growth record of Latin America in the recent past has been poor. For decades the average income per capita …

allocated to political allies is ineffective for growth, whereas aid extended to countries that are not allies is highly …

This paper models the impact on economic growth of HIV/AIDS when the epidemic is in a mature phase, in contrast with … epidemic in Central America, show that AIDS is not likely to threaten economic growth through either labor or capital … accumulation channels; impacts are estimated between 0.007 and 0.27 percent points of GDP growth annually for the period 2001 …