Have the economies of Latin America become less volatile as a result of the economic stabilization and structural reforms implemented during the past decade? The answer is a qualified "yes". The reforms have helped, but more needs to be done to ensure the macroeconomic stability required for...

En la última década la orientación de las políticas microeconómicas dio un giro extraordinario en América Latina, pero la legislación laboral prácticamente no cambió. El propósito central de este trabajo es mostrar la magnitud de este atraso y señalar que en la mayoría de países se...

Have the economies of Latin America become less volatile as a result of the economic stabilization and structural reforms implemented during the past decade? The answer is a qualified “yes. ” The reforms have helped, but more needs to be done to ensure the macroeconomic stability required...

The wave of structural reforms in Latin America and elsewhere has stimulated the development of a wide body of theoretical literature on the political economy of reform, i. e. , the study of the political constraints that condition the timing, speed and sequencing of reforms. This paper tests...

This paper discusses the major changes that took place in the key areas of structural economic policy in Latin America between 1985 and 2009 and presents a set of indexes that attempt to measure how favorable trade, financial, tax, privatization and labor policies are for the free working of...

During the past decade, structural polices in the region have been aimed increasingly at improving economic efficiency and reducing government interference in economic decisions. The effects of this shift have not yet been accurately evaluated due to the lack of systematic measurements of the...

Since the mid-1980s a profound change of direction in the structural policies of the region has taken place. The development model based on protecting national markets and state intervention was replaced by a set of policies aimed primarily at seeking to improve efficiency, facilitate the...