The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens

This paper discusses different growth trajectories in a selection of Latin American economies, namely Argentina, Brazil, Chile and Mexico, comparing the phase of import substitution growth strategies with the more recent period of financial integration into the world economy. Our working hypothesis...

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Autores principales:	Feijo, Carmen, Punzo, Lionello Franco, Tostes Lamonica, Marcos
Formato:	Texto
Lenguaje:	English
Publicado:	2021
Materias:	CRECIMIENTO ECONOMICO SUSTITUCION DE IMPORTACIONES LIBERALIZACION ECONOMICA INTEGRACION ECONOMICA POLITICA ECONOMICA HISTORIA ECONOMICA ANALISIS COMPARATIVO ECONOMIC GROWTH IMPORT SUBSTITUTION ECONOMIC LIBERALIZATION ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC HISTORY COMPARATIVE ANALYSIS
Acceso en línea:	https://hdl.handle.net/11362/47524
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id	oai-11362-47524
record_format	dspace
spelling	oai-11362-475242021-12-06T18:35:14Z The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens Feijo, Carmen Punzo, Lionello Franco Tostes Lamonica, Marcos CRECIMIENTO ECONOMICO SUSTITUCION DE IMPORTACIONES LIBERALIZACION ECONOMICA INTEGRACION ECONOMICA POLITICA ECONOMICA HISTORIA ECONOMICA ANALISIS COMPARATIVO ECONOMIC GROWTH IMPORT SUBSTITUTION ECONOMIC LIBERALIZATION ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC HISTORY COMPARATIVE ANALYSIS This paper discusses different growth trajectories in a selection of Latin American economies, namely Argentina, Brazil, Chile and Mexico, comparing the phase of import substitution growth strategies with the more recent period of financial integration into the world economy. Our working hypothesis is that different growth trajectories result from the linkages between macroeconomic conditions and changes in production structures. When policy space becomes narrower, long-term growth performance is impaired and structural change will not usually enhance growth potential. We carry out an analysis based on the framework space methodology, which serves to compare phases of growth described as an evolving coupling of the dynamic profile of productivity growth (a supply-side condition) with the behaviour of capital accumulation (a demand-side condition). In light of the framework space comparative analysis, our main conclusion is that economic opening in the 1990s did nothing to further the catching-up process in any of the four economies. 2021-12-02T10:20:17Z 2021-12-02T10:20:17Z 2021-08-31 Texto Sección o Parte de un Documento https://hdl.handle.net/11362/47524 LC/PUB.2021/13-P 5 en CEPAL Review CEPAL Review 134 .pdf application/pdf ARGENTINA ARGENTINA
institution	Cepal
collection	Cepal
language	English
topic	CRECIMIENTO ECONOMICO SUSTITUCION DE IMPORTACIONES LIBERALIZACION ECONOMICA INTEGRACION ECONOMICA POLITICA ECONOMICA HISTORIA ECONOMICA ANALISIS COMPARATIVO ECONOMIC GROWTH IMPORT SUBSTITUTION ECONOMIC LIBERALIZATION ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC HISTORY COMPARATIVE ANALYSIS
spellingShingle	CRECIMIENTO ECONOMICO SUSTITUCION DE IMPORTACIONES LIBERALIZACION ECONOMICA INTEGRACION ECONOMICA POLITICA ECONOMICA HISTORIA ECONOMICA ANALISIS COMPARATIVO ECONOMIC GROWTH IMPORT SUBSTITUTION ECONOMIC LIBERALIZATION ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC HISTORY COMPARATIVE ANALYSIS Feijo, Carmen Punzo, Lionello Franco Tostes Lamonica, Marcos The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
description	This paper discusses different growth trajectories in a selection of Latin American economies, namely Argentina, Brazil, Chile and Mexico, comparing the phase of import substitution growth strategies with the more recent period of financial integration into the world economy. Our working hypothesis is that different growth trajectories result from the linkages between macroeconomic conditions and changes in production structures. When policy space becomes narrower, long-term growth performance is impaired and structural change will not usually enhance growth potential. We carry out an analysis based on the framework space methodology, which serves to compare phases of growth described as an evolving coupling of the dynamic profile of productivity growth (a supply-side condition) with the behaviour of capital accumulation (a demand-side condition). In light of the framework space comparative analysis, our main conclusion is that economic opening in the 1990s did nothing to further the catching-up process in any of the four economies.
format	Texto
author	Feijo, Carmen Punzo, Lionello Franco Tostes Lamonica, Marcos
author_facet	Feijo, Carmen Punzo, Lionello Franco Tostes Lamonica, Marcos
author_sort	Feijo, Carmen
title	The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
title_short	The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
title_full	The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
title_fullStr	The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
title_full_unstemmed	The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens
title_sort	growth trajectories of argentina, brazil, chile and mexico: a comparative view through the framework space lens
publishDate	2021
url	https://hdl.handle.net/11362/47524
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The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens

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