Showing 1 - 10 of 94
Asia and Latin America and the Caribbean (LAC), two regions with large growth potential, have become increasingly connected over the last 20 years. China has emerged not only as a top trading partner, but also as an important competitor of LAC exports. China's retreat from certain markets, due...
Persistent link: https://www.econbiz.de/10012392541
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China's overseas...
Persistent link: https://www.econbiz.de/10012612332
This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins (NIMs) and limited financial depth in the region,...
Persistent link: https://www.econbiz.de/10012605062
This study provides an overview of tax structures in LAC before the COVID-19 pandemic, compares it to OECD countries, and provides recommendations for growth-friendly and inclusive tax policy reforms. LAC countries collect significantly lower tax revenue relative to OECD countries and have tax...
Persistent link: https://www.econbiz.de/10013170577
Housing market imbalances are a key source of systemic risk and can adversely affect housing affordability. This paper …, financial stability, and housing affordability. Not surprisingly, when faced with multiple objectives, deploying more policy …
Persistent link: https://www.econbiz.de/10012112309
It is obvious that holding city population constant, differences in cities across the world are enormous. Urban giants in poor countries are not large using measures such as land area, interior space or value of output. These differences are easily reconciled mathematically as population is the...
Persistent link: https://www.econbiz.de/10012103748
To identify and quantify downside risks to housing markets, we apply the house price-at-risk methodology to a sample of … risks to housing markets in the United States have seemingly fallen over the past decade, while having increased in Canada … risks. In addition, capital flows are found to be significantly associated with future downside risks to major housing …
Persistent link: https://www.econbiz.de/10012251283
of bubbles forming there. However, China's unique housing market characteristics make it difficult to assess the …
Persistent link: https://www.econbiz.de/10012252749
market economy. Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic …
Persistent link: https://www.econbiz.de/10011978615
We analyze microdata from Mexico's survey on household income and expenditures (ENIGH) to study the evolution of income inequality in Mexico over 2004-16, identify its sources, and investigate how it was affected by government social policy. We find evidence of only a small decline in inequality...
Persistent link: https://www.econbiz.de/10012102100