Abstract
Seven major Latin American countries had moderately high growth rates during the period 2001–2012.We used indicators of capital market modernization and corruption to explain the widely varying GDP growth figures for each time frame and also assessed whether export growth was highly linked to GDP growth. The countries did not fall into clusters with each coinciding closely with the others in the cluster. Instead each country appeared to be sui generis, finding its own path in response to its own circumstances.
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