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- W1970782163 abstract "This paper introduces a special issue on the microeconomics of Latin America under the New Economic Model (NEM). The paper reviews the rationale and policies of the NEM, and analyzes the impact of the reforms at the macroeconomic, sectoral and microeconomic levels. At the firm level, the contributions to this issue demonstrate that a considerable adjustment process is taking place. As sectoral structural change indices demonstrate, however, this has not resulted in widespread shifts of resources between sectors, nor has it resulted in significant improvement in overall employment, productivity, and growth. The authors analyze the reasons for this disjuncture, and suggest policy alternatives." @default.
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- W1970782163 date "2000-09-01" @default.
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- W1970782163 title "Latin America’s New Economic Model: Micro Responses and Economic Restructuring" @default.
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- W1970782163 doi "https://doi.org/10.1016/s0305-750x(00)00044-9" @default.
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