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 …

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 …

This paper revisits economic growth in Colombia using a growth diagnostics methodology to identify the most binding … constraints for economic growth and the policies that, if implemented, can have the largest positive impact. The data shows … particular spin to this conclusion by showing that investment decisions at the firm level are also explained by the restoration …

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

The growth prospects of a nation are stymied by the burden of government debt. This study has two goals: first, it … tests whether public debt hinders growth; and, second, it explores whether economic policy ameliorates this effect. A large … panel data of countries for 1970-2010 reveal a negative and robust effect of public debt on growth. Strong institutions …

promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of … approaches, we estimate the effects on growth of the most important taxes for the region, namely personal income tax, corporate … resource. We evaluate the effect of these tax instruments on growth for Argentina, Brazil, Mexico, and Chile using vector …

This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and … quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low … appropriability of social returns and insufficient public infrastructure are key constraints to private investment. Further, low …