Template-type: ReDIF-Paper 1.0 Author-Name: Navarrete Gallo, Pamela L. Author-Email: navarette@merit.unu.edu Author-Workplace-Name: UNU-MERIT, Maastricht University, and Ministry of Education, Government of Peru Author-Name: Ritzen, Jo Author-Email: Ritzen@merit.unu.edu Author-Workplace-Name: UNU-MERIT, Maastricht University Title: Do institutions and ideology matter for economic growth in Latin America in the first two decades of the 21st century? Abstract: Institutions have a positive, strong and significant impact on GDP growth; in 20 Latin American countries between 2002 and 2018. Government size has a negative impact on GDP growth itself but, in interaction with strong institutions, the effect of government size on growth turns to positive and significant, while political ideology has no significant effect on economic growth. Classification-JEL: F43, N26, O11 Keywords: Economic growth, Institutions, Government Size, Political ideology, Latin America Series: UNU-MERIT Working Papers Creation-Date: 20210309 Number: 2021-012 File-URL: https://unu-merit.nl/publications/wppdf/2021/wp2021-012.pdf File-Format: application/pdf File-Size: 275 Kb Handle: RePEc:unm:unumer:2021012