In previous work ("Interpreting the crisis"), analyzed the economic and financial crisis of 2008-2009 and its similarities to other crises in the twentieth century in the U.S. and the UK. In this paper we analyze and interpret the situation in Argentina and other Latin American countries. For...

This paper shows that the evolution of the level of Mexico real and real per capita output between 1895 and 2008 can be adequately described through a trendstationary model, affected by 4 structural breaks, which occurred at dates that seem to coincide with domestic institutional arrangements,...