Showing 1 - 10 of 10,168
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...
Persistent link: https://www.econbiz.de/10010286191
This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for … world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for …
Persistent link: https://www.econbiz.de/10010323529
The state of anomie that has characterised and still characterises most Latin American countries, resulting from the fragmentation of the social fabric, has encouraged the rise of successful personalist leaderships in the '90s. This paper aims at investigating how neopopulism developed in Latin...
Persistent link: https://www.econbiz.de/10010312402
During the '90s most Latin American countries were submitted to neoliberal structural reform policies. Neoliberal policies imposed market supremacy, reduced the State's role in the economy and deregulated the markets. This paper aims at describing how these policies affected the most important...
Persistent link: https://www.econbiz.de/10010312607
In 1950, Latin American countries capabilities were promising, and the subcontinent was thought to have a big potential for convergence. In order to understand why this prediction was not fulfilled, we apply in this paper the framework set by Fagerberg and Srholec (2008(24)). Our study of the...
Persistent link: https://www.econbiz.de/10010328448
The paper deals with changes in the regulation and supervision of the Latin American financial sector in the aftermath of the ‘Tequila Crisis’ of 1994–95. While it finds that both have improved, regulation and supervision cannot resolve all problems; good macroeconomic policy and...
Persistent link: https://www.econbiz.de/10010279043
China's global expansion has led to concerns amongst other developing country exporters that they will be displaced by … which countries face from China, which is then applied to empirical data on US imports from China and 18 Latin American … countries. It also presents new estimates of the impact of China on the value of Latin American exports to the US over the past …
Persistent link: https://www.econbiz.de/10010273405
Substantial amounts of British capital flowed to Latin America during the latter part of the nineteenth and early twentieth centuries. Companies financed by this capital were typically headquartered in the UK, but operated thousands of miles away. This paper asks how this separation between...
Persistent link: https://www.econbiz.de/10015211259
I study the diffusion process of permanent disinflationary shocks in the Mexican economy using disaggregated price data for 283 goods across 46 cities in the period 1995-2012. I first show that the distribution of shocks shows considerable heterogeneity, with more than 80% of all cases having...
Persistent link: https://www.econbiz.de/10010392370
How deep are the roots of Latin America's economic inequalities? In this chapter we survey both the history and the literature about the region's extreme economic disparities, focusing on the most recent academic contributions. We begin by documenting the broad patterns of national and...
Persistent link: https://www.econbiz.de/10014564048