Volatility and Growth in Latin America : An Episodic Approach /

This paper compares the pattern of macroeconomic volatility in 17 Latin American countries during episodes of high and low growth since 1970, examining in particular the role of policy volatility. Macroeconomic outcomes are distinguished from macroeconomic policies, structural reforms and reversals,...

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Bibliographic Details
Main Author: Sahay, Ratna
Other Authors: Goyal, Rishi
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/287
Online Access:Full text available on IMF