Incidencia de la institucionalidad en el crecimiento económico. Comparativa entre América Latina y la Unión Europa. Durante el período 2000 a 2020

Abstract

Abstract: The low economic growth in Latin America represents a big problem in terms institutions and this is largely represented in the levels of poverty that maintains the region, according to the Economic Commission for Latin America and the Caribbean, to By the end of 2023, 42.5% of the population is expected to be in poverty, which is why This research work makes a comparison of the incidence of institutionality in economic growth, as well as its efficiency between Latin America and the European Union, in this process one of the objectives to follow was identify the economic and social parameters that define the institutionality within an empirical, cultural, historical and social theoretical framework during the period 2000 to 2020, thus allowing the generation of an econometric analysis based on estimates of the parameters that define the institutionality in such a way that at the time of carrying out the contrast of the results obtained with the theoretical framework and empirical evidence, these They become main actors in economic growth in such a way that they are determinants when establishing public policies to generate a state of well-being at a social and economic level that manage to boost economic growth as it does in the European Union.