Publication:
Latin American Growth: A Trade Perspective

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dc.contributor.authorde la Torre, Augusto
dc.contributor.authorIze, Alain
dc.date.accessioned2019-06-06T14:31:18Z
dc.date.available2019-06-06T14:31:18Z
dc.date.issued2019-06
dc.description.abstractThis paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external leverage measuring the impact of the country's use of external resources, and (iii) a domestic response measuring the impact of the country's imports on its domestic income. This decomposition brings to light three regional growth dynamics: the first is centered on commodities and South America, the second on manufactures and Mexico, and the third on services and Central America. The evidence points toward the need for a trade-oriented growth agenda that puts a premium on raising exports and making countries more attractive to people, not just capital. The latter in turn adds urgency to healing the region’s social fractures and dealing with its institutional weaknesses.en
dc.identifierhttp://documents.worldbank.org/curated/en/690421559580059769/Latin-American-Growth-A-Trade-Perspective
dc.identifier.doi10.1596/1813-9450-8871
dc.identifier.urihttps://hdl.handle.net/10986/31798
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8871
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectCONVERGENCE
dc.subjectEXPORT-LED GROWTH
dc.subjectIMPORT SUBSTITUTION
dc.subjectCOMMODITY DEPENDENCE
dc.subjectNATURAL RESOURCE CURSE
dc.subjectDUTCH DISEASE
dc.subjectEXPORT DIVERSIFICATION
dc.subjectTRADE POLICY
dc.titleLatin American Growthen
dc.title.subtitleA Trade Perspectiveen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleLatin American Growth: A Trade Perspective
okr.date.disclosure2019-06-03
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/690421559580059769/Latin-American-Growth-A-Trade-Perspective
okr.guid690421559580059769
okr.identifier.doi10.1596/1813-9450-8871
okr.identifier.externaldocumentum090224b086d479fc_1_0
okr.identifier.internaldocumentum31126988
okr.identifier.reportWPS8871
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/690421559580059769/pdf/Latin-American-Growth-A-Trade-Perspective.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryMexico
okr.region.geographicalCentral America
okr.region.geographicalLatin America
okr.statistics.combined1580
okr.statistics.dr690421559580059769
okr.statistics.drstats1172
okr.topicInternational Economics and Trade::Competition Policy
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Trade Liberalization
okr.topicInternational Economics and Trade::Trade Policy
okr.topicMacroeconomics and Economic Growth::Commodities
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitFinance, Competitiveness and Innovation Global Practice
relation.isAuthorOfPublication35317b87-0569-5cde-bb5e-db1a425e6889
relation.isAuthorOfPublicationddbea2d3-9cc2-52f4-ab28-94372063d761
relation.isAuthorOfPublication.latestForDiscovery35317b87-0569-5cde-bb5e-db1a425e6889
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
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