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Debt overhang and economic growth–the Asian and the Latin American experiences

✍ Scribed by Swapan Sen; Krishna M. Kasibhatla; David B. Stewart


Book ID
116424672
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
115 KB
Volume
31
Category
Article
ISSN
0939-3625

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Prior to the Asian ®nancial crisis, it was accepted wisdom to compare the growth of Latin America unfavourably to that of a selection of East and Southeast Asian countries (the so-called high performing Asian economies). This paper presents statistics that indicate that the dierences in performance