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The World of Forking Paths : Latin America and the Caribbean Facing Global Economic Risks

Powell, Andrew - 2012

This report details the divergent paths that the world economy may take and their potential effects on Latin America and the Caribbean. Scenarios are constructed employing a modeling exercise that captures the trade, financial and other linkages between the region and the rest of the world....

Persistent link: https://www.econbiz.de/10013108195

Latin American Middle-Class Entrepreneurs and Their Firms : A Regional View and International Comparison

Kantis, Hugo - 2012

Based on a cross-country comparison of dynamic new firms, this paper attempts to characterize Latin American middle-class entrepreneurs and their firms. In general, Latin American middle-class entrepreneurs tend to face more difficult conditions in terms of resources and skills acquisition than...

Persistent link: https://www.econbiz.de/10013099930

Productivity and Resource Misallocation in Latin America

Busso, Matias - 2012

Total factor productivity (TFP) in Latin America has not increased relative to the US since the mid- 1970s, and in many countries it has declined. Moreover, resource misallocation can lower aggregate TFP. This paper presents evidence based on firm-level data from 10 Latin American countries to...

Persistent link: https://www.econbiz.de/10013105413

Partisanship, Ideology, and Representation in Latin America

Saiegh, Sebastián M. - 2015

This paper uses joint scaling methods and similar items from three large-scale surveys to place voters, parties and politicians from different Latin American countries on a common ideological space. Contrary to the conventional wisdom, the findings reveal that the median voter in Latin America...

Persistent link: https://www.econbiz.de/10013028935

On the Credibility of Inflation Targeting Regimes in Latin America

Mariscal, Rodrigo - 2015

Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and the expectation that the authorities will take appropriate actions if the target is breached....

Persistent link: https://www.econbiz.de/10013028937

Can Institutions Cure Clientelism? Assessing the Impact of the Australian Ballot in Brazil

Gingerich, Daniel W. - 2013

This paper examines how the adoption of the Australian ballot (AB), and ipso facto, the transition from the nominal to effective secret vote, shaped the nature of party politics in Brazil. Engaging the literature on political clientelism, the impact of the AB on three outcomes is studied: 1) the...

Persistent link: https://www.econbiz.de/10013071722

When the Victor Cannot Claim the Spoils : Institutional Incentives for Professionalizing Patronage States

Schuster, Christian - 2017

Merit-based selection of bureaucrats is central to state capacity building, yet rare in developing countries. Most executives instead favor patronage--political discretion--in public employment. This paper proposes and tests an original theory to explain when executives forsake patronage for...

Persistent link: https://www.econbiz.de/10012958095

Understanding Domestic Savings in Chile

Cerda, Rodrigo - 2016

Persistent link: https://www.econbiz.de/10012999329

Enforcement and the Effective Regulation of Labor

Ronconi, Lucas - 2016

Persistent link: https://www.econbiz.de/10012999332

Small is Not Beautiful : Firm-Level Evidence of the Link between Credit, Firm Size and Competitiveness in Colombia

Galindo, Arturo José - 2013

Credit has been found to be a catalyst for economic growth, as it spurs investment, enhances productivity, allows costs … volatility. Most studies focus on the relationship between financial development and growth at the country level, while few … significant positive impact on firm growth, which is larger for larger firms and more productive firms that export. The results …

Persistent link: https://www.econbiz.de/10013080997