Three Essays on Contemporaneous Latin American *Development

107 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2001.Finally, using improved policy indices Chapter 3 evaluates the impact of the structural reforms on the quantity and quality of economic growth in Latin America. Conditional probability analysis shows that high reforms are neither necessary nor sufficient to achieve high growth. In addition, regression analysis reveals no evidence of the reforms being growth enhancing. Further evidence shows that labor deregulation and trade liberalization are negatively correlated with human development growth and the latter is also positively correlated with inequality in the region. Finally, the results show that the unobserved country capabilities computed using panel regressions reflect human development and are independent of the level of structural reforms.U of I OnlyRestricted to the U of I community idenfinitely during batch ingest of legacy ETD