Lessons of Trade Liberalization in Latin America for Economies in Transition

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Lessons of Trade Liberalization in Latin America for Economies in Transition by : Jaime De Melo

Download or read book Lessons of Trade Liberalization in Latin America for Economies in Transition written by Jaime De Melo and published by . This book was released on 1992 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Revisiting the Link between Trade, Growth and Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1475585896
Total Pages : 42 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Revisiting the Link between Trade, Growth and Inequality by : Ms.Kimberly Beaton

Download or read book Revisiting the Link between Trade, Growth and Inequality written by Ms.Kimberly Beaton and published by International Monetary Fund. This book was released on 2017-03-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well as characteristics of countries’ export markets and products. Second, we consider event studies of past episodes of trade liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality. Both approaches consistently point to two broad messages: First, trade openness and connectivity to the center of the trade network has substantial macroeconomic benefits. Second, we do not find a statistically significant or economically sizable direct impact of trade on overall income inequality.

Competition Policies in Emerging Economies

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Publisher : Springer
ISBN 13 : 9780387784342
Total Pages : 238 pages
Book Rating : 4.7/5 (843 download)

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Book Synopsis Competition Policies in Emerging Economies by : Claudia Schatan

Download or read book Competition Policies in Emerging Economies written by Claudia Schatan and published by Springer. This book was released on 2008-07-31 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: As countries large and small, rich and poor are drawn inexorably into the global economy, protectionist policies are proving increasingly inefficient and ineffective for driving growth. The countries of Latin America, which have long pursued agendas of state ownership and heavy regulation of key industries, began to institute a series of reforms in the 1980s and 1990s, designed to promote competition and business creation. However, without the legal and institutional framework to support these policies (and thus guarantee resource-efficient behavior on the part of business owners), the record has been spotty at best. Competition Policies in Emerging Economies features in-depth analysis of two key industries—telecommunications and banking—in several Central American nations to shed light on the dynamics of the transition to deregulation and trade liberalization, and learn from the experiences of these economies. This book has a three-fold purpose: (1) to examine the competition conditions and policies of small developing countries of Central America (and hence cover an area where very little information exists); (2) develop an in-depth analysis of regulation and competition policies in two key industrial sectors with poor competition records (telecommunications and banking); (3) link the former results analysis with other international experiences, in order to derive research and policy recommendations that can be applied to other small, developing, and emerging economies. Featuring discussion of political, legal, economic, financial, cultural, and organization-level issues, the book provides unique perspectives on the forces resisting competitive practices and offers suggestions for overcoming them.

Lessons from NAFTA

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Publisher : World Bank Publications
ISBN 13 : 0821383744
Total Pages : 432 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Lessons from NAFTA by : Luis Serven

Download or read book Lessons from NAFTA written by Luis Serven and published by World Bank Publications. This book was released on 2004-11-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.

Lessons of Trade Liberalization in Latin America for Economies in Transition

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Lessons of Trade Liberalization in Latin America for Economies in Transition by : Jaime De Melo

Download or read book Lessons of Trade Liberalization in Latin America for Economies in Transition written by Jaime De Melo and published by . This book was released on 1992 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Transition Within Latin America Since 1980--Lessons for a New World Order

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis Economic Transition Within Latin America Since 1980--Lessons for a New World Order by : Edward P. Boyle

Download or read book Economic Transition Within Latin America Since 1980--Lessons for a New World Order written by Edward P. Boyle and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between the end of World War II and 1980, the economies of many Latin American countries grew substantially. This growth came to an abrupt halt in the early 1980's. The primary reasons were a sharp decline in world oil and other export commodity prices, heavy government debt burdens, sharp increases in world interest rates which made servicing the heavy debt burden nearly impossible, and structural economic inefficiencies resulting from excessive government involvement in business and the economy. The economic adjustment endured by Latin American countries during the 1980's was so severe that this period of time is now referred to as The Lost Decade. Many Latin American economies are now, however, poised to resume substantial economic growth and development. This study will examine the economic transition experienced by four Latin American countries (Argentina, Brazil, Chile, and Mexico) during the 1980's. It will identify possible lessons learned which may be applicable to other developing countries and countries of the former Soviet bloc as they attempt to improve their economic well-being by shifting to market based economies.

Liberalization of Trade in Financial Services

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Liberalization of Trade in Financial Services by : Constantinos Stephanou

Download or read book Liberalization of Trade in Financial Services written by Constantinos Stephanou and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Liberalization and Its Consequences

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Liberalization and Its Consequences by : Werner Baer

Download or read book Liberalization and Its Consequences written by Werner Baer and published by Edward Elgar Publishing. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Area experts in various disciplines describe, analyze, and compare the achievements and failures of societies that have adopted market-based economics with a democratic polity after a long period either of communist rule--in Russia and eastern Europe--or military authoritarianism--in Latin America. They investigate the extend to which the historical experience of the several countries explains successful transitions as well as the less successful efforts to adapt institutions and people to the needs of a market economy. The 13 papers and commentary are from an April 1999 conference in Urbana-Champaign, Illinois. Annotation copyrighted by Book News Inc., Portland, OR

Structural Reforms, Productivity and Technological Change in Latin America

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Publisher : United Nations Publications
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Structural Reforms, Productivity and Technological Change in Latin America by : Jorge M. Katz

Download or read book Structural Reforms, Productivity and Technological Change in Latin America written by Jorge M. Katz and published by United Nations Publications. This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

Globalization and Development

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Publisher : Stanford University Press
ISBN 13 : 9780804749565
Total Pages : 238 pages
Book Rating : 4.7/5 (495 download)

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Book Synopsis Globalization and Development by : José Antonio Ocampo

Download or read book Globalization and Development written by José Antonio Ocampo and published by Stanford University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Trade Liberalization

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781788111492
Total Pages : 0 pages
Book Rating : 4.1/5 (114 download)

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Book Synopsis Trade Liberalization by : Romain Wacziarg

Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.

Law and Employment

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Publisher : University of Chicago Press
ISBN 13 : 0226322858
Total Pages : 585 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Law and Employment by : James J. Heckman

Download or read book Law and Employment written by James J. Heckman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.

The State of State Reforms in Latin America

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Publisher : World Bank Publications
ISBN 13 : 0821365762
Total Pages : 474 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The State of State Reforms in Latin America by : Eduardo Lora

Download or read book The State of State Reforms in Latin America written by Eduardo Lora and published by World Bank Publications. This book was released on 2006-10-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.

Latin America’s New Insertion in the World Economy

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Publisher : Springer
ISBN 13 : 1349247200
Total Pages : 269 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Latin America’s New Insertion in the World Economy by : Ruud Buitelaar

Download or read book Latin America’s New Insertion in the World Economy written by Ruud Buitelaar and published by Springer. This book was released on 2016-07-27 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America's New Insertion in the World Economy examines the contributions governments can make in order to stimulate efficient and export-orientated manufacturing production in small and medium-sized economies in Latin America in the coming years. The study focuses on the progress that has been made recently to correct policy failures of the past, the obstacles and bottlenecks that have occurred in the process of economic transition and the challenges the selected countries face in order to stimulate in a systematic way the development of an internationally competitive manufacturing sector.

Reform, Recovery, and Growth

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Publisher : University of Chicago Press
ISBN 13 : 0226158470
Total Pages : 440 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Reform, Recovery, and Growth by : Rudiger Dornbusch

Download or read book Reform, Recovery, and Growth written by Rudiger Dornbusch and published by University of Chicago Press. This book was released on 2007-12-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate. Among the questions addressed are: What are the requirements for a stabilization policy that reduces inflation in a reasonable amount of time at an acceptable cost? What are the effects of structural reforms, especially trade liberalization, deregulation, and privatization, on growth in the short and long runs? How do macroeconomic instability and adjustment policies affect income distribution and poverty? How does the specific design of structural adjustment efforts affect results? In this companion to Macroeconomics of Populism in Latin America, the authors confirm that macroeconomic stability has a positive effect on income distribution. The volume presents case studies that describe in detail the stabilization experiences in Brazil, Israel, Argentina, and Bolivia, and also includes discussion of Chile, Mexico, Peru, and Turkey.

Emerging Capital Markets and Globalization

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Publisher : World Bank Publications
ISBN 13 : 0821365444
Total Pages : 232 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Emerging Capital Markets and Globalization by : Augusto de la Torre

Download or read book Emerging Capital Markets and Globalization written by Augusto de la Torre and published by World Bank Publications. This book was released on 2006-10-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.

Palgrave Dictionary of Emerging Markets and Transition Economics

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Publisher : Springer
ISBN 13 : 1137371382
Total Pages : 692 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Palgrave Dictionary of Emerging Markets and Transition Economics by : Jens Hölscher

Download or read book Palgrave Dictionary of Emerging Markets and Transition Economics written by Jens Hölscher and published by Springer. This book was released on 2015-10-21 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period of transition from socialism to capitalism in parts of Europe and Asia over the past 25 years has attracted considerable interest in academia and beyond. From the Editors of Palgrave's iconic series 'Studies in Economic Transition' comes the Palgrave Dictionary of Emerging Markets and Transition Economics. This dictionary addresses the needs of students, lecturers and the interested general public to quickly find definitions and explanations of topics, institutions, personalities and processes in this historical phase of changing societies, which as such is not concluded. Today newly emerging market economies try to learn from the experiences of transition economies. Those who love The New Palgrave Dictionary of Economics will enjoy the format of this Dictionary, which uses an encyclopaedia-based approach, where articles not only define the terms but provide an overview of the evolution of the term or theory and also touch on the current debates.