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Author : Pablo Astorga
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (535 download)
Download or read book Productivity Growth in Latin America During the Twentieth Century written by Pablo Astorga and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : André A. Hofman
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.F/5 ( download)
Download or read book The Economic Development of Latin America in the Twentieth Century written by André A. Hofman 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: Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR
Author : Andrés Solimano
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845428228
Total Pages : 272 pages
Book Rating : 4.4/5 (282 download)
Download or read book Vanishing Growth in Latin America written by Andrés Solimano and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth in Latin America and the rise of material welfare has lagged behind that of more dynamic areas of the world economy. In a region prone to policy experiments, the policies of the Washington Consensus applied since the 1990s failed to bring sustained growth to most of Latin America. Andres Solimano and an impressive set of contributors analyze the last 40 years in order to determine the role of economic reforms, external conditions, factor accumulation, income inequality, political instability and productivity in explaining GDP increases. The book also looks at cycles of growth, identifying periods of rapid growth and contrasting them with periods of stagnation and collapse.
Author : Andrés Solimano
Publisher : UN
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)
Download or read book Economic Growth in Latin America in the Late 20th Century written by Andrés Solimano and published by UN. This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to advance our understanding of the growth patterns of the Latin American economy in the final decades of the 20th century. The paper focuses on the analysis of medium-to-long run growth, as opposed to the standard discussion of the determinants of high frequency fluctuations (business cycles), and disentangles the contribution of factor accumulation and total factor productivity. It also aims to understand the spells of prosperity and stagnation in several important economies of the region, as well as identify stories of growth decline and divergence in recent decades.
Author : Pablo Astorga
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Productivity Growth in Latin America Over the Long Run written by Pablo Astorga and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The low pace of Latin American productivity growth in recent decades, despite extensive economic reforms, has yet to be understood in a longer-run context where factors such as demographic changes, structural shifts, and investment levels can be taken fully into account. The OxLAD database provides comparable sectoral output and workforce series over 1900-2000 for the six leading economies in the region for the first time. Our analysis of this new dataset shows that: intersectoral resource reallocation reduced aggregate productivity growth in all three periods; total factor productivity growth was low throughout the century, and even negative in the closing three decades; and thus factor accumulation investment in fixed capital and skilled laborwas the main source of productivity growth in Latin America during the twentieth century.
Author : Mr.Jose De Gregorio
Publisher : International Monetary Fund
ISBN 13 : 1451959753
Total Pages : 57 pages
Book Rating : 4.4/5 (519 download)
Download or read book Economic Growth in Latin America written by Mr.Jose De Gregorio and published by International Monetary Fund. This book was released on 1991-07-01 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth.
Author : André A. Hofman
Publisher : United Nations Publications
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)
Download or read book Long Run Economic Development in Latin America in a Comparative Perspective written by André A. Hofman and published by United Nations Publications. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes trends in economic growth and it's causes in several Latin American countries in the 20th century. This paper stresses that the proximate causes of economic growth are not independent of the ultimate causes of growth. Proximate causes of economic growth are those areas of causality where models and quantification is possible. Ultimate causes of economic growth are much more difficult to quantify. The paper concludes with a description of some of the most important characteristics of economic development in the region.
Author : E. Cardenas
Publisher : Springer
ISBN 13 : 0230599656
Total Pages : 343 pages
Book Rating : 4.2/5 (35 download)
Download or read book An Economic History of Twentieth-Century Latin America written by E. Cardenas and published by Springer. This book was released on 2000-11-09 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the impact on Latin America of the extraordinary transformation of the international economy that took place in the half century or so that preceded the world depression of the 1930s. The authors show how the response varied in terms of both growth and distribution, shaped by varying preconditions, and by natural resources and geography. The interplay of economic developments with political and social structures had profound and varied effects on policy-making and on institutions that were of great significance for later decades.
Author : Jorge Thompson Araujo
Publisher : World Bank Publications
ISBN 13 : 1464804516
Total Pages : 257 pages
Book Rating : 4.4/5 (648 download)
Download or read book Understanding the Income and Efficiency Gap in Latin America and the Caribbean written by Jorge Thompson Araujo and published by World Bank Publications. This book was released on 2016-03-28 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The countries of the Latin America and Caribbean region (LAC), like other emerging economies, have benefited from a decade of remarkable growth and some income per capita convergence towards the United States and other industrialized countries. However, even nearly ten years of solid growth in the first decade of the 21st century could not guarantee that LAC would move on to a sustained long-term income convergence path. In fact, despite this recent progress, LAC still faces a significant per capita income gap with the developed world. The papers in this volume contribute to the ongoing debate on the reasons for this persistent income gap and the potential drivers of convergence, and propose some broad avenues for reform. This volume presents new macro-, sectoral-, and micro-level evidence that: (i) differences in total factor productivity (TFP), or efficiency in using the production factors, such as physical and human capital, explain a large part of LAC's persistent income gap; and (ii) resource misallocation is the main factor behind LAC's large efficiency gap. At the same time, the findings of this volume indicate there is significant room for further economic growth gains from technology adoption and innovation more broadly. In fact, the quality of the available technology in LAC is low, and there is very little innovation. Although firms can use innovation to reach productivity at the global productivity frontier, weak institutions reduce incentives to innovate. This volume also proposes that the main priorities for improving resource allocation and the incentives to innovate include: (i) enhancing market competition in key network industries (transport, financial, telecommunications, logistics, communication and distribution services); (ii) increasing labor market flexibility (including skill-mismatches and social barriers); (iii) removing informational frictions (including complex tax regimes and credit rationing); (iv) strengthening property rights; and (v) improving the rule of law.
Author : E. Cardenas
Publisher : Springer
ISBN 13 : 0230595685
Total Pages : 359 pages
Book Rating : 4.2/5 (35 download)
Download or read book An Economic History of Twentieth-Century Latin America written by E. Cardenas and published by Springer. This book was released on 2016-01-13 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, 'protection', 'import substitution' and 'intervention' have become dirty words, part of the 'leyenda negra' of Latin America development in the postwar period. This book attempts a fresh look at the controversial years between the end of the Second World War and the point when, at varying dates in different countries, a discontinuity occurs in which the postwar 'style of development' ceased to play a central role in the economic evolution of the region. The analysis is based on seven case studies covering eleven countries.
Author : Ewout Frankema
Publisher : BRILL
ISBN 13 : 9047429354
Total Pages : 312 pages
Book Rating : 4.0/5 (474 download)
Download or read book Has Latin America Always Been Unequal? written by Ewout Frankema and published by BRILL. This book was released on 2009-06-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The forces of industrialisation, urbanisation, globalisation and technological change have washed away the pre-modern outlook of most Latin American economies. Despite the improved opportunities of social mobility offered by economic modernisation, current income inequality levels (still) appear extraordinary high. Has Latin America always been unequal? Did the region fail to settle a longstanding account with its colonial past? Or should we be reluctant to point our finger so far back in time? In a comparative study of asset and income distribution Frankema shows that both the levels, and nature, of income inequality have changed significantly since 1870. Besides the deep historical roots of land and educational inequality, more recent demographic and political-institutional forces are taken on board to understand Latin America’s distributive dynamics in the long twentieth century.
Author : Javier A. Reyes
Publisher : Routledge
ISBN 13 : 1136814523
Total Pages : 384 pages
Book Rating : 4.1/5 (368 download)
Download or read book Latin American Economic Development written by Javier A. Reyes and published by Routledge. This book was released on 2011-03-25 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America is one of the most interesting parts of the world. The region’s illustrious history, culture, and geography are famous internationally, but in terms of economics, Latin America has been generally associated with problems. For many, the combination of a resource rich region and poor economic conditions has been a puzzle. Latin American Economic Development provides the most up to date exploration of how this happened with a focus on why the continent can be considered to have underperformed, how the various Latin American economies function and the future prospects for the region. This textbook addresses the economic problems of Latin America theme by theme. The first four centuries of Latin American economic development are explained with reference to historical and institutional factors; the role of commodities; import substitution industrialization; and the resultant slow growth of the region. The development of Latin America during the twentieth century is examined through the policies of governments toward international trade and the management of the exchange rate. A result of these policies was the accumulation of significant debt in the region that resulted in substantial economic instability. The final section of the book explains how all of these themes have contributed to two dominant problems for the region: poverty and inequality. The purpose of this book is to provide a comprehensive text for increasingly popular undergraduate economics courses on Latin America. However, the book has been carefully designed for use by both students majoring in economics and for those in other disciplines looking for a wide-ranging guide to the region. This book should be an invaluable resource for undergraduates looking at Latin American economics, growth and development.
Author : Inter-American Development Bank
Publisher : Springer
ISBN 13 : 1349581518
Total Pages : 366 pages
Book Rating : 4.3/5 (495 download)
Download or read book Firm Innovation and Productivity in Latin America and the Caribbean written by Inter-American Development Bank and published by Springer. This book was released on 2016-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.
Author : Rosemary Thorp
Publisher : IDB
ISBN 13 : 9781886938359
Total Pages : 390 pages
Book Rating : 4.9/5 (383 download)
Download or read book Progress, Poverty and Exclusion written by Rosemary Thorp and published by IDB. This book was released on 1998 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards."--BOOK JACKET.
Author : Jeffrey G. Williamson
Publisher : New York ; Toronto : Academic Press
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (91 download)
Download or read book American Inequality written by Jeffrey G. Williamson and published by New York ; Toronto : Academic Press. This book was released on 1980 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph presenting a macroeconomic analysis of the relationship of economic development to wealth and income distribution inequality trends in the USA from the historical 1770s to the 1970s - rejects the notion that inequality was a necessary precondition of economic growth, and argues that complex interactions among such variables as technological change, labour supply and capital formation were sources of economic disparity. Bibliography pp. 335 to 349 and graphs.
Author : N. F. R. Crafts
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (318 download)
Download or read book Globalization and Growth in the Twentieth Century written by N. F. R. Crafts and published by International Monetary Fund. This book was released on 2000-03 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the experience of economic growth during the twentieth century with a view to highlighting implications for both growth economists and policy-makers. The unprecedented divergence in income levels between the OECD economies and many developing countries is documented but so too is a more optimistic picture of widespread progress in terms of the Human Development Index. Various aspects of the changes in economic structure are explored in terms of their implications for growth performance both in retrospect and prospect. The possibility that the growth process will lead to another globalization backlash reminiscent of the 1930s is analyzed.
Author : David Fernando Forero
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Industrialization as an Engine of Growth in Latin America Throughout a Century 1913-2013 written by David Fernando Forero and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a long-term macroeconomic database for 13 Latin American countries and the period 1913-2013, complemented with a dataset of exports by product, a positive relationship between industrialization and economic growth was found, both for the long run and for episodes of acceleration and deceleration. Three economic channels that may explain this positive correlation are empirically tested. The first one is the contribution of manufacturing to the different components of productivity growth (within- and shift-effects), for which a shift-share decomposition was estimated. The second channel is the contribution of industrialization to gross capital accumulation, and the third is the learning-by-doing hypothesis, tested using the skill-level composition of manufacturing exports. The main contributions of the paper are twofold: the empirical identification of the mechanisms through which industrialization can promote economic development, and the extension of the analysis of Latin American economies to the first half of the 20th Century.
