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 … for economic growth, independent of whether uncertainties from poor protection to property rights are resolved. …

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 … improved appropriability and long-term growth. …

Port of Spain on July 13th, 2004. After more than a decade of economic growth and despite encouraging prospects for the … growth and to benefit its citizens more equitably, the country must continue to grapple with major issues. This report sheds …

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 …

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 …

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 …

economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects … taxes. In this context, the resulting growth rate increases only slightly along the balanced growth path. …

Caribbean (ECLAC) analysts as well as research articles prepared for the Commission. It reviews long-term growth and development …

Caribbean. We discuss the level of debt at which the relation with economic growth turns from positive to negative. We also … fiscal austerity with debt restructuring, economic growth promotion, acceleration of inflation, and financial repression …