TWO CENTURIES OF ECONOMIC GROWTH: LATIN AMERICA AT ITS BICENTENNIAL CELEBRATION

On December 2010, five research teams gathered in Santiago, Chile, to discuss the growth experiences of Argentina, Chile, Colombia, Mexico and Venezuela since independence from Spain was declared in 1810. The five teams answered an invitation from the editors of the Latin American Journal of Economics to explain why these countries' growth experiences lag so far behind those of the developed world, and at the same time, why their trajectories have been so dissimilar. This paper serves as an introduction to the special issue, characterizing the patterns of growth in Latin America, and discussing the teams' answers.