This paper presents an evaluation of the impact of structural reforms using data collected for 17 Latin American countries for the period 1970-1996. In line with the literature, the results show that growth was responsive to investment in physical as well as in human capital. Results also...

This paper estimates the macroeconomic effects of structural reforms in Latin America and the Caribbean (LAC) using the dataset constructed by Alesina and others (2020). We find that large changes in the reform index have positive effects on GDP and employment that reach 2 percent after 5 years....

Since the 1980's with the introduction of IMF/WB adjustment programs structural reforms have been a core part of the reform agenda in the Caribbean. The paper reviewed the package of structural reforms in trade liberalization, financial liberalization and tax policy, and gauges their impact on...

Since the 1980's with the introduction of IMF/WB adjustment programs structural reforms have been a core part of the reform agenda in the Caribbean. The paper reviewed the package of structural reforms in trade liberalization, financial liberalization and tax policy, and gauges their impact on...

This paper updates ECLAC's indexes of structural reform in five areas: trade reform, financial liberalization, tax reform, liberalization of external capital transactions and privatization. 17 Latin American countries are covered for the period 1970-2000. The resulting indexes facilitate...