globalization are decreasing, which suggest global integration and convergence of national economies to a global order. We also find …

This paper analyzes the convergence process in Latin America and the Caribbean during the 1960-2005 period. The … evidence is not favorable to clear convergence or divergence trends, but to a slight process of convergence until the 1970s …, and then global divergence. In turn, the results suggest the existence of transitory clubs of convergence during the 1960 …