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Investment, saving and growth in Latin America: Analytical and policy issues

Under a new outward-looking approach to the promotion of development, Latin America has seen a modest recovery in growth and investment during the 1990s and early 2000s. This recovery comes in the wake of the stabilization efforts and reforms that followed the 1980s debt crisis. While the region’s growth performance has not yet reached the rates achieved in the 1960s and 1970s and remains well below the rates being posted by Asia, the Middle East and Eastern Europe, the reactivation has nonetheless aroused greater interest in the factors that contribute to economic growth in the region and, in particular, in the role played by investment as a source of economic growth.

Related Subject(s): Economic and Social Development
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