Martín Redrado: Institutional framework and economic growth Speech by Mr Martín Redrado, Governor of the Central Bank of Argentina, at the Bank of Mexico international conference, Mexico City, 19 October 2009. *  *  *  Institutional framework and economic growth is a most challenging topic. Institutions are increasingly relevant to economics and they bear an incontestable relation to growth.
In turn, the world is undergoing institutional financial architecture reconstruction to resume the sustainability path. I think, therefore, that this topic could not be timelier. Let me focus on the institutional progress made by emerging markets and, in particular, by Latin America. Here we can make a distinction.