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This paper combines development and growth accounting exercises with economic theory to estimate the relative importance of total factor productivity and the accumulation of factors of production in the economic development performance of Latin America. The region's development performance is...
Persistent link: https://www.econbiz.de/10013126413
What are the reasons for and the costs of Latin America`s volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...
Persistent link: https://www.econbiz.de/10013126606
This issue of IDEA explores the workings of democratic institutions in Latin America and how they shape economic and other policies. It analyzes the roles, incentives, capabilities and interaction of key political players: the legislature, business, organized labor and the media. Based on a...
Persistent link: https://www.econbiz.de/10013126823
Latin America`s enormous endowment of natural resources impacts many countries of the region. Economic liberalization in several countries was followed by rapid growth of foreign investment and exports of natural resource-intensive products. Growth of labor-intensive manufacturing industries was...
Persistent link: https://www.econbiz.de/10013093558
Information and communication technologies (ICT)--cell phones, computers, Internet--hold great promise but greater access alone cannot bring about economic development. This is a major finding of the IDB`s latest edition of its flagship Development in the Americas series titled Development...
Persistent link: https://www.econbiz.de/10013038068
Are mortality and life expectancy differences by socioeconomic groups increasing in the United States? Using a unique … by lifetime earnings for the 1983 to 2003 period. The results indicate a consistent increase in mortality differentials … point to almost five decades of increasing differential mortality in the United States …
Persistent link: https://www.econbiz.de/10013126104
There is widespread concern that recent increases in international food prices may have significant effects on domestic food prices and inflation. This note assesses the impact of the recent food price shock on food, non-food and consumer inflation in the countries of Latin American and the...
Persistent link: https://www.econbiz.de/10013124214
This paper reviews evidence on social mobility in Latin America. Several studies have used data sets that collect intergenerational socio economic information. The data, though limited, suggest that social mobility is low in the region, even when compared with low social mobility developed...
Persistent link: https://www.econbiz.de/10013126090
This paper examines the countercyclical policy options available to Latin American countries in the face of the current global economic crisis, concluding that most of the major countries in the region appear to possess the fiscal space (as measured by credible fiscal sustainability and debt...
Persistent link: https://www.econbiz.de/10013126092
This paper uses newly available data to describe the distribution of crime victimization and other criminal activities (including drug trafficking and corruption) around the world. The paper then documents a negative (positive) correlation between measures of criminal activity and happiness and...
Persistent link: https://www.econbiz.de/10013126106