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Default and Renegotiation of Latin American Foreign Bonds in the Interwar Period
Jorgensen, Erika; Sachs, Jeffrey D. - 2021
borrowing and renegotiation experience of five Latin borrowers (Argentina, Bolivia, Chile, Colombia, and Peru). Another goal is …
Persistent link: https://www.econbiz.de/10013239970
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Left, Right, Left : Income, Learning and Political Dynamics
Morrow, John - 2013
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10013074913
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Bolivia's Economic Crisis
Morales, Juan Antonio - 2010
By any standard, Bolivia's economic crisis in the 1980's has been extraordinary. Like its neighbors. Bolivia suffered from major external shocks, but the extent of economic collapse in the face of these shocks (including a hyperinflation during 1984-85) suggests that internal factors as well as...
Persistent link: https://www.econbiz.de/10012760204
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The Monetary and Fiscal History of Bolivia, 1960–2017
Kehoe, Timothy J. - 2019
After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...
Persistent link: https://www.econbiz.de/10012892582
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Finders, Keepers?
Jaakkola, Niko - 2016
Natural-resource taxation and investment exhibit cycles in a vast number of countries, driving political turmoil and power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future taxes and firms' inability to credibly exit a country...
Persistent link: https://www.econbiz.de/10012986681
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Skills, Exports, and the Wages of Seven Million Latin American Workers
Brambilla, Irene - 2010
The returns to schooling and the skill premium are key parameters in various fields and policy debates, including the literatures on globalization and inequality, international migration, and technological change. This paper explores the skill premium and its correlation with exports in Latin...
Persistent link: https://www.econbiz.de/10013143455
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Do Exchange Auctions Work? An Examination of the Bolivian Experience
Dominguez, Kathryn M.E. - 2010
The Bolivian experience suggests that, even in highly indexed economies, exchange rate auctions can work. After introduction of its auction, the Bolsin, not only did the parallel market premium for dollars all but disappear in Bolivia, but the Boliviano exchange rate remained surprisingly...
Persistent link: https://www.econbiz.de/10013145405
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The Bolivian Hyperinflation and Stabilization
Sachs, Jeffrey D. - 2021
Chapter 1 gives a brief introduction to the Bolivian economy. Chapter 2 provides an overview of the political economy of macroeconomic policymaking in Bolivia since the 1952 Revolution. Great stress is put on the weakness of fiscal institutions in the face of heavy social and sectoral demands....
Persistent link: https://www.econbiz.de/10013244386
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Mercado y reforma de la gestión del agua en Perú
Zegarra, Eduardo - In: Revista CEPAL (2004), pp. 107-120
En este artículo se examinan los intentos fallidos de introducir el mercado de aguas en Perú, en la década de 1990 …
Persistent link: https://www.econbiz.de/10002530013
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Bribery in Health Care in Peru and Uganda
Hunt, Jennifer - 2010
in Peru and Uganda. I find that rich patients are more likely than other patients to bribe in public health care …: doubling household consumption increases the bribery probability by 0.2-0.4 percentage points in Peru, compared to a bribery … to a bribery rate of 17%. The income elasticity of the bribe amount cannot be precisely estimated in Peru, but is about 0 …
Persistent link: https://www.econbiz.de/10012760177