Endnotes: The Next Step: Latin America’s Growing Economies

Below are the endnotes from “The Next Step: Latin America’s Growing Economies” by Alejandro M. Werner and Oya Celasun (Spring 2013 AQ).

1. “Economic Mobility and the Rise of the Latin American Middle Class,” 2012 Flagship Report, Office of the Chief Economist for Latin America and the Caribbean, World Bank.
2. Gustavo Adler and Nicolas Magud, “Saving the Terms of Trade Windfall: A Metric,” IMF working paper. The authors quantify the income effect arising from terms-of-trade increases—windfall income—by estimating the increase in export revenues attributable to the increase in export prices.
3. Evridiki Tsounta and Sebastian Sosa, “Can the Growth Momentum in Latin America and the Caribbean Be Sustained?,” IMF Report.
4. “Skills for the 21^st Century in Latin America and the Caribbean,” 2012 Regional Study, Office of the Chief Economist for Latin America and the Caribbean, World Bank.
5. Cesar Calderon and Luis Serven, “Infrastructure in Latin America,” World Bank Policy Research Working Paper, No. 5317 (2010).
6. James P. Walsh and Jiangyan Yu, “Determinants of Foreign Direct Investment: A Sectoral and Institutional Approach,” IMF Working Paper No. 10/187 (2010).