Weak Links Between Exports and Economic Growth in Latin America and the Caribbean
Export growth in Latin America and the Caribbean over the past 20 years has enabled the region to regain part of the share of global trade that it had lost during the three preceding decades. However, this has not had much effect on the pace of overall economic growth. This publication analyses the characteristics of the region's export development over the past twp decades and the reasons why spillovers to structural change and economic growth have remained limited.
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America Movil American and Caribbean Andean countries anti-competitive behavior anti-competitive practices Argentina Brazil Caribbean ECLAC Central America Chile Commission for Latin competition law competition policies contribution of exports countries that export COUNTRY AND SUBREGIONAL country's decades destination diversification destination markets domestic dynamic East Asia Economic Commission economic growth effects export basket export diversification export growth export prices exports to economic exports to GDP FIGURE foreign direct investment GDP ratio geographic global production networks HERFINDAHL-HIRSCHMAN INDEX high-technology products imports increased industry innovation intensive intermediate inputs International Trade Latin America learning links between exports MERCOSUR Mexico Naciones Unidas natural resources Old destination old products Percentages product and destination product diversification production processes production structure region region's export Santiago scale economies sector Source subregions and countries technological capacity technological content terms of trade trans-Latin enterprises United Nations United Nations Publications Uruguay Venezuela venta vertical World Bank world trade