Micro Lessons for Argentina: In Latin America, Macroeconomic Reform Isn’t Enough
Heinz-Peter Elstrodt, Pablo Ordorica Lenero, Eduardo Urdapilleta | Published 2002 | Economics Sustained Growth Can Be Achieved Only by Removing Microeconomic Barriers to Productivity as Well. Latin America appeared to make substantial progress in handling its macro economy in the 1990s. Following the emerging-market textbook for economic development, the region’s major countries brought down inflation…