The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile autoregression unit root test we check whether shocks to real GDP...

The historical context -- Two centuries of South American reflections on the development gap between the United States and Latin America / Tulio Halperin Donghi -- Looking at them: a Mexican perspective on the gap with the United States / Enrique Krauze -- Explaining Latin America's lagging...