On average, economic reforms in Latin America and the Caribbean have been associated with a 1.5 percent yearly increase in the growth rate of total factor productivity. But there are important differences across countries, and in some cases economic reforms have been associated with lower growth...

Chile has become a model for reforming economies throughout the world. The purpose of this paper is to analyze the political and economic circumstances surrounding Chile's unilateral trade liberalization during five stages (covering the period 1974-1990s),each being characterized by different...

After a sharp fall in 2017, economic growth in MENA is projected to rebound to 3.1 percent in 2018, thanks to the positive global outlook, oil prices stabilizing at relatively higher levels, stabilization policies and reforms, and recovery and reconstruction as conflicts recede. The outlook for...