Latin America’s macroeconomic crises of the 1980s and ‘90s forced a severe fiscal adjustment across the region. More often than not, fiscal stability was achieved at the cost of a drasti
The Schumpeterian process of 'creative destruction' is an essential ingredient of a dynamic economy. In many countries around the world, however, this process is weakened by pervasive regulation of p
Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), the authors draw lessons for other countries considering free trade agreements with the United States. The au
Perry et al. (economics and macroeconomics and growth, Latin American and the Caribbean Region and Development Economics, World Bank) assemble nine essays that consider how fiscal policy in Latin Amer
