Showing 1 - 10 of 133
The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean … countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth … to major sources of labor market determinants, in the long and short run. The main determinants of employment include …
Persistent link: https://www.econbiz.de/10013049805
The paper applies a network analysis framework to analyze the regional and global integration of Latin American and Caribbean (LAC) countries. We compare network-based measures of trade integration to conventional measures, decomposing integration along several dimensions to better understand...
Persistent link: https://www.econbiz.de/10012950403
Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the...
Persistent link: https://www.econbiz.de/10012950408
Many countries in Latin America and the Caribbean now publish financial stability reports. This study reviews their latest issues to assess their content, quality, and transparency. While some reports provide a strong analysis of risks and vulnerabilities, there are significant cross-country...
Persistent link: https://www.econbiz.de/10012956483
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbean — about 1.8 percent of GDP in 2011-13 (approximately evenly split between fuel and electricity), and about...
Persistent link: https://www.econbiz.de/10013026918
This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and long-term fiscal health and not by a...
Persistent link: https://www.econbiz.de/10012918471
After skyrocketing over the past decade, commodity prices have remained stable or eased somewhat since mid-2011 - and most projections suggest they are not likely to resume the upward trend observed in the last decade. This paper analyzes what this turn in the commodity price cycle may imply for...
Persistent link: https://www.econbiz.de/10013047969
This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the...
Persistent link: https://www.econbiz.de/10012982424
In Latin America and the Caribbean (LAC), financial technology has been growing rapidly and is on the agenda of many policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the region but also creates new and only partially...
Persistent link: https://www.econbiz.de/10012871769
Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public...
Persistent link: https://www.econbiz.de/10012977778