Economic Reforms, Financial Development and Growth: Lessons from the Chilean Experience

Leonardo Hernández and Fernando Parro

Latin American Journal of Economics-formerly Cuadernos de Economía, 2008, vol. 45, issue 131, 59-103

Abstract: Despite reform efforts, the economic performance of Latin American countries during the 1990s was disappointing with the exception of Chile, which grew at almost 7% per year. This paper tries to explain this difference. Following recent literature that hi

Keywords: Economic growth; reforms; institutions; financial development (search for similar items in EconPapers)
JEL-codes: O11 O16 O54 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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