Salama, Pierre

Internal Market-Led Growth Models in Latin America Following the Crisis: An Inspiring Utopia? - 2010.


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This paper addresses the issue of whether after years of openness, a new regime of growth based on a fairer income distribution followed by the development of the domestic market is likely to contribute to sustainable recovery in major Latin American economies. The paper stresses two factors: the extent of the openness and the scope for reducing income inequalities.