Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
Utilizing a Structuralist-Keynesian framework, we conduct a concise comparative political economy analysis of growth regimes in five Central American (CA) countries. Applying the Sraffian Supermultiplier Decomposition, we assess external and policy constraints, particularly within the context of &q...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Colombia
2025-01-01
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| Series: | Cuadernos de Economía |
| Subjects: | |
| Online Access: | https://revistas.unal.edu.co/index.php/ceconomia/article/view/112575 |
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| Summary: | Utilizing a Structuralist-Keynesian framework, we conduct a concise comparative political economy analysis of growth regimes in five Central American (CA) countries. Applying the Sraffian Supermultiplier Decomposition, we assess external and policy constraints, particularly within the context of "progressive governments." Our study contributes by offering a Growth Model Analysis perspective on CA nations, emphasizing the significance of debt-financed consumption in growth dynamics. Integrating external and policy considerations, we provide a nuanced understanding of the constraints hindering the transition toward a more inclusive and stable growth regime in CA countries.
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| ISSN: | 0121-4772 2248-4337 |