Productivity, Growth and Poverty in Mexico

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Author :
Publisher : Inter-American Development Bank
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4./5 ( download)

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Book Synopsis Productivity, Growth and Poverty in Mexico by : Santiago Levy Algazi

Download or read book Productivity, Growth and Poverty in Mexico written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2007-06-15 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conditional cash transfer programs are based on a simple, yet powerful premise: creating adequate incentives today to stimulate the accumulation of human capital in poor families can provide future generations with the opportunity to generate their own higher incomes. Looking at the experience of Progresa-Oportunidades--the oldest such program whose results after 10 years provide valuable lessons--offers the opportunity to examine whether the youth of Progresa-Oportunidades, in a not too distant future, will be able to find productive jobs that allow them to escape the poverty that has trapped their parents. In this study, Santiago Levy looks at this question from an innovative perspective, analyzing how the intrinsic structure of incentives created by a set of social policies can aid or inhibit the achievement of the principal objective of Progresa-Oportunidades: to break the intergenerational transmission of poverty. This study can help spark a discussion in many countries on the links between social policy, productivity growth and, in turn, poverty reduction.

Under-Rewarded Efforts

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Publisher : Inter-American Development Bank
ISBN 13 : 1597823058
Total Pages : 323 pages
Book Rating : 4.5/5 (978 download)

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Book Synopsis Under-Rewarded Efforts by : Santiago Levy Algazi

Download or read book Under-Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.

OECD Economic Surveys: Mexico 2019

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264333541
Total Pages : 128 pages
Book Rating : 4.2/5 (643 download)

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Book Synopsis OECD Economic Surveys: Mexico 2019 by : OECD

Download or read book OECD Economic Surveys: Mexico 2019 written by OECD and published by OECD Publishing. This book was released on 2019-05-14 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico’s robust macroeconomic policy framework has supported moderate growth despite several headwinds in recent years. However, low productivity growth has hindered Mexico’s convergence to higher-income OECD countries and inequalities remain high. These factors call for a renewed strategy to boost productivity and inclusiveness.

Resource Misallocation and Productivity: Evidence from Mexico

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484356551
Total Pages : 32 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Resource Misallocation and Productivity: Evidence from Mexico by : Florian Misch

Download or read book Resource Misallocation and Productivity: Evidence from Mexico written by Florian Misch and published by International Monetary Fund. This book was released on 2018-05-15 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the role for specific structural distortions in explaining Mexico’s weak productivity growth through the resource misallocation channel. The paper makes two contributions. First, we validate the approach of measuring misallocation indirectly (Hsieh and Klenow, 2009) by illustrating a close correlation between misallocation and per capita incomes across Mexican states. Second, we exploit the large variation in resource misallocation within industries and across states together with unusually rich data at the firm, local, and industry level to shed light on its determinants. We identify several well-defined distortions that have a statistically and economically meaningful effect on productivity via resource misallocation.

Global Productivity

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Good Intentions, Bad Outcomes

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Author :
Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Good Intentions, Bad Outcomes by : Santiago Levy

Download or read book Good Intentions, Bad Outcomes written by Santiago Levy and published by . This book was released on 2008 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Argues that incoherent social programs significantly contribute to poverty and little growth. Proposes converting the existing social security system into universal social entitlements. Advocates eliminating wage-based social security contributions and raising consumption taxes on higher-income households to increase the rate of GDP growth, reduce inequality, and improve benefits for workers"--Provided by publisher.

Pending Issues in Protection, Productivity Growth, and Poverty Reduction

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4./5 ( download)

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Book Synopsis Pending Issues in Protection, Productivity Growth, and Poverty Reduction by :

Download or read book Pending Issues in Protection, Productivity Growth, and Poverty Reduction written by and published by World Bank Publications. This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought. The impetus to voluntary informality, which appears to be a substantial fraction of the sector, implies that the design of social safety nets and labor legislation needs to take a more integrated view of the labor market, taking into account the cost-benefit analysis workers and firms make about whether to interact with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been underemphasized. Draconian firing restrictions increase litigation and uncertainty surrounding worker separations, reduce turnover and job creation, and poorly protect workers. But theory and anecdotal evidence also suggest that they, and other related state or union induced rigidities, may have an even greater disincentive effect on technological adoption, which accounts for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally small and channels are not always clear. Overall, the present constellation of labor regulations serves workers and firms poorly and both could benefit from substantial reform.

The Effects of Economic Adjustment on Poverty in Mexico

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Author :
Publisher : Routledge
ISBN 13 : 0429760663
Total Pages : 135 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis The Effects of Economic Adjustment on Poverty in Mexico by : Thomas J. Kelly

Download or read book The Effects of Economic Adjustment on Poverty in Mexico written by Thomas J. Kelly and published by Routledge. This book was released on 2018-12-07 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this study seeks to explore the effects of economic adjustment and why the classical prescriptions for structural adjustment did not succeed in Mexico, or at best succeeded only partially. It asks why growth was retarded, not accelerated; inequality rose rather than fell; poverty increased rather than declined; informalization of the economy occurred rather than modernization. Mexico’s story needs to be better known and this book is a good place to begin, containing numerous insights and valuable lessons for analysts and policy makers alike.

OECD Economic Surveys: Mexico 2022

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264779868
Total Pages : 128 pages
Book Rating : 4.2/5 (647 download)

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Book Synopsis OECD Economic Surveys: Mexico 2022 by : OECD

Download or read book OECD Economic Surveys: Mexico 2022 written by OECD and published by OECD Publishing. This book was released on 2022-02-21 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico is recovering from a pandemic that had deep economic and social impacts. Informal workers, women and youth were particularly hit, exacerbating long-standing social challenges. Mexico’s solid macroeconomic policy framework safeguarded macroeconomic stability. But medium term growth prospects have weakened and growth over the past two decades has been low.

Globalization and Poverty

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Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 675 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

GDP Growth, Potential Output, and Output Gaps in Mexico

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451861129
Total Pages : 0 pages
Book Rating : 4.8/5 (611 download)

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Book Synopsis GDP Growth, Potential Output, and Output Gaps in Mexico by : Mr.Ebrima Faal

Download or read book GDP Growth, Potential Output, and Output Gaps in Mexico written by Mr.Ebrima Faal and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-05-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the sources of Mexico's economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth rates. The results indicate that the most important factor underlying the slowdown in output growth was a decline in trend total factor productivity growth. Economic policy reforms and the introduction of NAFTA may have raised trend productivity growth in recent years. Further increases in productivity growth would appear necessary, however, to raise medium-term growth.

A Shift-share Analysis of Regional and Sectoral Productivity Growth in Contemporary Mexico

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Author :
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis A Shift-share Analysis of Regional and Sectoral Productivity Growth in Contemporary Mexico by : Clark Winton Reynolds

Download or read book A Shift-share Analysis of Regional and Sectoral Productivity Growth in Contemporary Mexico written by Clark Winton Reynolds and published by . This book was released on 1980 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Development and Growth in the Mexican Economy:A Historical Perspective

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Author :
Publisher : Oxford University Press, USA
ISBN 13 : 019537116X
Total Pages : 328 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Development and Growth in the Mexican Economy:A Historical Perspective by : Juan Carlos Moreno-Brid

Download or read book Development and Growth in the Mexican Economy:A Historical Perspective written by Juan Carlos Moreno-Brid and published by Oxford University Press, USA. This book was released on 2009-04-23 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.

The Great Recession and Developing Countries

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Publisher : World Bank Publications
ISBN 13 : 9780821385142
Total Pages : 662 pages
Book Rating : 4.3/5 (851 download)

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Book Synopsis The Great Recession and Developing Countries by : Mustapha K. Nabli

Download or read book The Great Recession and Developing Countries written by Mustapha K. Nabli and published by World Bank Publications. This book was released on 2010-12-03 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides one of the most detailed and comprehensive reviews of the growth experience of a group of low and middle income countries before and during the global crisis. It then explores their growth prospects after the recovery and how they may be shaped by the new global economic environment.

Good Intentions, Bad Outcomes

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 0815701632
Total Pages : 377 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Good Intentions, Bad Outcomes by : Santiago Levy

Download or read book Good Intentions, Bad Outcomes written by Santiago Levy and published by Rowman & Littlefield. This book was released on 2010-01-01 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite various reform efforts, Mexico has experienced economic stability but little growth. Today more than half of all Mexican workers are employed informally, and one out of every four is poor. Good Intentions, Bad Outcomes argues that incoherent social programs significantly contribute to this state of affairs and it suggests reforms to improve the situation. Over the past decade, Mexico has channeled an increasing number of resources into subsidizing the creation of low-productivity, informal jobs. These social programs have hampered growth, fostered illegality, and provided erratic protection to workers, trapping many in poverty. Informality has boxed Mexico into a dilemma: provide benefits to informal workers at the expense of lower growth and reduced productivity or leave millions of workers without benefits. Former finance official Santiago Levy proposes how to convert the existing system of social security for formal workers into universal social entitlements. He advocates eliminating wage-based social security contributions and raising consumption taxes on higher-income households to simultaneously increase the rate of growth of GDP, reduce inequality, and improve benefits for workers. Go od Intentions, Bad Outcomes considers whether Mexico can build on the success of Progresa-Oportunidades, a targeted poverty alleviation program that originated in Mexico and has been replicated in over 25 countries as well as in New York City. It sets forth a plan to reform social and economic policy, an essential element of a more equitable and sustainable development strategy for Mexico.

The Mexican Heartland

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691227314
Total Pages : 512 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Mexican Heartland by : John Tutino

Download or read book The Mexican Heartland written by John Tutino and published by Princeton University Press. This book was released on 2022-01-25 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Mexican Heartland provides a new history of capitalism from the perspective of the landed communities surrounding Mexico City. In a sweeping analytical narrative spanning the sixteenth century to today, John Tutino challenges our basic assumptions about the forces that shaped global capitalism setting families and communities at the center of histories that transformed the world. Despite invasion, disease, and depopulation, Mexico's heartland communities held strong on the land, adapting to sustain and shape the dynamic silver capitalism so pivotal to Spain's empire and world trade for centuries after 1550. They joined in insurgencies that brought the collapse of silver and other key global trades after 1810 as Mexico became a nation, then struggled to keep land and self-rule in the face of liberal national projects. They drove Zapata's 1910 revolution a rising that rattled Mexico and the world of industrial capitalism. Although the revolt faced defeat, adamant communities forced a land reform that put them at the center of Mexico's experiment in national capitalism after 1920. Then, from the 1950s, population growth and technical innovations drove people from rural communities to a metropolis spreading across the land. The heartland urbanized, leaving people searching for new lives--dependent, often desperate, yet still pressing their needs in a globalizing world. --

Boosting Productivity and Inclusive Growth in Latin America

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Author :
Publisher : OECD Publishing
ISBN 13 : 926426941X
Total Pages : 136 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Boosting Productivity and Inclusive Growth in Latin America by : OECD

Download or read book Boosting Productivity and Inclusive Growth in Latin America written by OECD and published by OECD Publishing. This book was released on 2019-01-20 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, most Latin American and Caribbean (LAC) countries have experienced robust economic growth and been able to make significant reductions in poverty and income inequality. However, growth in the region was not strong enough to ensure convergence towards levels ...