How Long to Read The Role of Structural Reforms in Raising Economic Growth in Central America
By Mr.Andrew Swiston
How Long Does it Take to Read The Role of Structural Reforms in Raising Economic Growth in Central America?
It takes the average reader and 22 minutes to read The Role of Structural Reforms in Raising Economic Growth in Central America by Mr.Andrew Swiston
Assuming a reading speed of 250 words per minute. Learn more
Description
Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done to spur higher growth in Central America? We bring new data to bear on this question-version 7.0 of the Penn World Table and a new IMF database on structural reforms. Our cross-country panel regression of economic growth using System GMM captures the importance to growth of conditional convergence, factor accumulation, and macro policies. In addition, structural efficiency is a significant factor in explaining growth performance. We construct a broad index of efficiency and find that increasing the degree of structural efficiency by one standard deviation raises growth by 1⁄2 percent. This implies that Central American countries could significantly increase their long-run growth rates by increasing the flexibility of markets and improving the quality of regulation.
How long is The Role of Structural Reforms in Raising Economic Growth in Central America?
The Role of Structural Reforms in Raising Economic Growth in Central America by Mr.Andrew Swiston is 22 pages long, and a total of 5,544 words.
This makes it 7% the length of the average book. It also has 7% more words than the average book.
How Long Does it Take to Read The Role of Structural Reforms in Raising Economic Growth in Central America Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 30 minutes to read The Role of Structural Reforms in Raising Economic Growth in Central America aloud.
What Reading Level is The Role of Structural Reforms in Raising Economic Growth in Central America?
The Role of Structural Reforms in Raising Economic Growth in Central America is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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