Participation Study of Developing Countries in Organization for Economic Cooperation and Development (OECD) to Economic Growth: Case Study Developing Countries in Latin America

摘要

OECD is a global organization which aims to prosper their member countries. This study compare the economies of Latin America countries which are included as OECD members and those that are not OECD members. This study aims to analyze the influence of macroeconomic variables in particular, inflation, tax revenue, and balance of payment on Mexico, Chile, Argentina and Peru's Economic Growth. The data used in this study is secondary data from World Bank, while the method used to analyze the data is panel data regression method. The result showed, during the period of 2009-2018, inflation and balance of payment significantly influenced Mexico, Chile, Argentina, and Peru's economic growth. While tax revenue did not significantly incluenced Mexico, Chile, Argentina, and Peru's economic growth.