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In the context of these new approaches in the analysis of economic growth concepts like â€catching-up†and potential growth are becoming increasingly important. In estimating potential output two approaches can be distinguished. In the first one a variety of statistical detrending...
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Latin America experienced sharp swings in net capital inflows in the last two decades, with significant effects on the domestic economy. Chile, in particular, recorded the highest rise in external debt in the years up to 1981, and in 1982 exhibited the sharpest drop in GDP (15 per cent) in all...
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This major Handbook offers a comprehensive analysis of the key issues surrounding the rapid expansion of Latin America's manufacturing sector. It systematically examines the most important factors influencing the comparative advantages and the globalization of manufacturing industries in the region.
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The Chilean economy is usually highly praised as a successful one since the imposition of neoliberal reforms, under the dictatorship of general Pinochet in 1973. The fact is that the four decades that have elapsed include sub-periods with quite different policy approaches and notably diverse...
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Ante el contagio de la crisis financiera internacional, la economia chilena experimento una intensa reduccion del precio del cobre y de los influjos de capitales. Consecuentemente, la demanda agregada y el empleo de trabajo y capital productivo se contrajeron hacia fines de 2008. En ese...
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