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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (323549)1/30/2007 12:45:27 PM
From: tejek  Read Replies (1) of 1574249
 
Why has Latin America created more barriers than other regions? The authors choose to leave it as an open question, suggesting it might make an interesting subject to pursue. But the reason is probably this: Vested interests -- in the political, the business or the labor communities -- have been in a stronger position in Latin America than elsewhere to get the political and legal institutions to protect them.

The persuasive view that transpires from the study is that economic development is, first and foremost, an act of legislative purge seeking to remove obstacles. It sounds a lot easier than it is.

And yet the author says nothing about Latin American corruption effecting economic growth; corruption by the wealthiest. Is it another rightwing hit piece trying to prove that legislation keeps people from becoming well off? I think so.
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