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Latin American Economy & Business - March 2018 (ISSN 1741-7430)

When stable growth isn’t enough

A recently published Inter-American Development Bank (IDB) report[1] puts its finger on an economic conundrum affecting Central America and the Dominican Republic (known as the CADR sub-region). These countries appear to have achieved admirable macroeconomic stability and steady growth, certainly relative to the rest of Latin America. But they don’t really seem to be developing. Why?

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