The Macroeconomic Environment for Competitiveness in Latin America
By Claudio M. Loser
February 4, 2008
Under the basic premise that macroeconomic stability is a pre-condition for competitiveness, this article reviews some of the key principles that determine the basis for good macroeconomic performance, the recent experience of the region in this regard, and some lessons for the future.
Reproduced with permission of Palgrave Macmillan.
NOTE: This extract is taken from the author's original manuscript and has not been reviewed or edited. The definitive version of this extract may be found in the work Can Latin America Compete?: confronting the challenges of globalization edited by Jerry Haar and John Price, which can be purchased from http://www.palgrave-usa.com/catalog/product.aspx?isbn=1403975434.