One of the goals of decentralized policies is to consider the differences between regions and municipalities, which can lead to greater economic growth as well as greater economic development in all areas. However, endogenous limitations should also be overcome. For these purposes, policies have...

Purpose: This article studies the effects of public expenditure on economic growth in Latin America countries (LAC), especially the role played by foreign aid and public and private investment Design/methodology/approach Granger causality approach and Fixed effect method. Findings: There is...

This paper displays an analysis of the economic growth rates of Argentina, Brazil, Chile and Mexico during the period 1961-2017. Explanations related to total factor productivity and to capital ac- cumulation are here contrasted in a context of growth external constraint. The following...

This paper looks at the hypothesis of conditional convergence of Gross Domestic Product (GDP) per capita for a set of eighteen Latin American countries establishing a positive link with the growth rate of those economies. To that purpose, β-convergence, σ-convergence and γ-convergence...

The paper reviews the factors accounting for Mergers and Acquisitions (M&As). It then discusses the evolution of M&A trades, their relative importance and the economic sectors that have been influenced by M&As in sixteen Latin-American economies during 1990-2014. An integral model is developed...

This paper investigates the relationship between trade openness and income inequality in 11 Latin American countries over the period 1989-2015. We use a panel dynamic approach to take into account the high persistence of income inequality. The analysis classifies trade flows, exports and imports...

This paper evaluates the impact of Mexican trade and productive integration processes during the last 20 years. It finds evidence that growing per capita income in Mexico is directly related to its "trade opening", but is inversely related to the growth of its manufacturing export industry....

Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3 to 29.7 % of the population). In this paper, we use synthetic panels to show that, despite progress, the region remains characterized by substantial vulnerability that also affects the rising middle class. More...