As we shall see later, in addition to income per capita, the degree of openness of an economy to international trade, the degree of indebtedness, and the age distribution of the population are other important determinants of the size of government. 4. We report here the median rather than the average due to the existence of outliers in Latin America, such as Nicaragua and Guyana, two small countries that are very highly indebted. For the OECD countries, the median and the mean are virtually the same. The average for Latin American countries is reported in table 5.1. 5. The same association can he found in the case of subnational governments in the United States and Canada.

As we shall see later, in addition to income per capita, the degree of openness of an economy to international trade, the degree of indebtedness, and the age distribution of the population are other important determinants of the size of government. 4. We report here the median rather than the average due to the existence of outliers in Latin America, such as Nicaragua and Guyana, two small countries that are very highly indebted. For the OECD countries, the median and the mean are virtually the same. The average for Latin American countries is reported in table 5.1. 5. The same association can he found in the case of subnational governments in the United States and Canada.