1.

Record Nr.

UNINA9910968890003321

Titolo

Beyond reforms : structural dynamics and macroeconomic vulnerability / / editor, José Antonio Ocampo

Pubbl/distr/stampa

Palo Alto, : Stanford Economics and Finance

Washington, : World Bank, ©2005

ISBN

9786610168934

9780804752732

0804752737

9780804752725

0804752729

9781280168932

1280168935

9780821358207

0821358200

9780821358200

Descrizione fisica

xvi, 238 pages : illustrations ; ; 23 cm

Collana

Latin American development forum

Altri autori (Persone)

OcampoJosé Antonio

Disciplina

339.5098

Soggetti

Economic stabilization - Latin America

Structural adjustment (Economic policy) - Latin America

Macroeconomics

Latin America Economic conditions 1945-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"A copublication of Stanford Economics and Finance, an imprint of Stanford University Press, and the World Bank."

"Economic Commission for Latin America and the Caribbean"--Cover.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Growth and the dynamics of productive structure. The quest for dynamic efficiency : structural dynamics and economic growth in developing countries / José Antonio Ocampo ; Trade openness and technology gaps in Latin America ; a "low-growth trap" / Mario Cimoli and Nelson Correa ; Four sources of "de-industrialization" and a new concept of the "Dutch disease" / José Gabriel Palma ; Globalization, rising labor inequality, and poverty in Latin America / Rob Vos --



Macroeconomic vulnerabilities. Developing-economy cycles / Lance Taylor ; Fiscal policy efficacy and private deficits : a macroeconomic approach / Manuel Marfán ; External debt, growth, and sustainability / Roberto Frenkel ; Divergence and growth collapses : theory and empirical evidence / Jaime Ros.

Sommario/riassunto

Beyond Reform argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures, to the specific policies and institutions created to support it, and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential, however, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential ""framework conditions"", but generally do not play a direct role in bringing about changes in the momentu