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The authors of this paper assert that the paralysis of the state generated by the crises of the 1970s and 1980s deprived the economies of the region of an important lever to resume and sustain growth. They thus maintain that to overcome stagnation it will be necessary to reconstruct the...
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Capital account liberalization and economic growth: evidences from data in Latin-American panel. The aim of this paper is to carry out an empirical analysis about the relation between Capital Account Liberalization and Economic Growth having as object of study the experience of 16 countries of...
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. The main conclusions are that regional protectionist policies were spontaneous, and their effects were limited due to the …
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latter such cooperation has hardly progressed, due to low degree of regional integration, the recurrent use of multilateral … currencies. In Asia, differently, cooperation has apparently not been so instrumental to regional integration, but has proven to … be quite important as a means to build a regional capital market as well as a mechanism to deal with external shocks …
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