This file contains the data used in the paper "Has Latin America's Post-Reform Growth Been Disappointing?" by William Easterly, Norman Loayza, and Peter Montiel (Journal of International Economics, 1997). The data is in Excel and Lotus format. 

 Variables included are:


GROWTH:  average annual GDP growth rate
OPN: average (real exports + real imports) / real GDP 
INFA:  average annual inflation rate
INVT: average real investment / real GDP
M2: average (M2/end of year CPI) / (GDP/ average year CPI)
LGDP: lagged real GDP (for example LGDP corresponding to period 1971-75 is the real GDP for 1970)
EDUSEC: average years of secondary schooling in the population 15 years of age and older.
BMP: average black-market premium on foreign exchange
TOT: average change in the terms of trade 
PPU: average population growth rate