Accounting For Growth In Latin America And The Caribbean

Author : Henri Fortin,Ana Cristina Hirata Barros,Kit Cutler
Publisher : World Bank Publications
Page : 196 pages
File Size : 53,8 Mb
Release : 2009-11-18
Category : Business & Economics
ISBN : 0821381113

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Accounting for Growth in Latin America and the Caribbean by Henri Fortin,Ana Cristina Hirata Barros,Kit Cutler Pdf

The importance of moving toward high-quality, global standards of accounting and auditing has never been clearer. In the midst of the global financial and economic crisis, the leaders of the Group of 20 met and issued their Declaration on Strengthening the Financial System , placing significant emphasis on sound accounting and auditing standards as a critical piece of the international financial architecture. Transparent and reliable corporate financial reporting underpins much of the Latin America and Caribbean development agenda, from private-sector-led growth to enhanced financial stability, facilitating access to finance for small and medium enterprises, and furthering economic integration. For nearly 10 years, the World Bank has prepared diagnostic Reports on the Observance of Standards and Codes (ROSCs) on Accounting and Auditing (A and A) at the country level. In Latin America and the Caribbean, ROSC A and A reports have been completed for 17 countries. This book takes a step back and seeks to distill lessons from a regional perspective. 'Accounting for Growth in Latin America and the Caribbean' is the first book to examine financial reporting and auditing in the region in a systematic way, drawing on the World Bank s years of experience and analysis in this area. The book is designed to inform the policy dialogue on accounting and auditing issues among government officials, the accounting profession, the private sector, academia, and civil society in LAC countries. It also seeks to disseminate the lessons learned to key players at the international and regional level, including the donor community, in order to generate momentum for reform of accounting and auditing throughout the region.

Author : Norman Loayza,Pablo Fajnzylber,C©?sar Calder©?n
Publisher : World Bank Publications
Page : 169 pages
File Size : 55,8 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 9780821360910

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Economic Growth in Latin America and the Caribbean by Norman Loayza,Pablo Fajnzylber,C©?sar Calder©?n Pdf

Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.

Author : Eduardo A. Cavallo,Andrew Powell
Publisher : Inter-American Development Bank
Page : 121 pages
File Size : 44,8 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 8210379456XXX

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A Mandate to Grow by Eduardo A. Cavallo,Andrew Powell Pdf

The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.

Author : Mr.Jose De Gregorio
Publisher : International Monetary Fund
Page : 57 pages
File Size : 45,5 Mb
Release : 1991-07-01
Category : Business & Economics
ISBN : 9781451959758

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Economic Growth in Latin America by Mr.Jose De Gregorio Pdf

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 : Omowunmi Ladipo,Alfonso Sanchez,Jamil Sopher
Publisher : World Bank Publications
Page : 130 pages
File Size : 54,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780821379851

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Accountability in Public Expenditures in Latin America and the Caribbean by Omowunmi Ladipo,Alfonso Sanchez,Jamil Sopher Pdf

Fiscal discipline and public sector efficiency became prominent issues in Latin America and the Caribbean in the late 1980's following external debt crises that troubled many countries in the region. Resolution of the debt crises necessitated a first wave of reforms that largely focused on upgrading legal and regulatory frameworks or improving information systems. Nearly twenty years later progress in matching OECD practices and performance in public financial management and procurement has been uneven and has been one of the factors that impeded higher growth and competitiveness in Latin America and the Caribbean. Countries such as Chile, Brazil and Costa Rica with relatively good performance, in this respect, have shown what other countries in the region can do and how they would benefit. Increased globalization, seemingly intractable issues of income inequality, the onset of the recent global financial crises and the emergence of an assertive middle class that demands better governance, are all reasons why Latin America and the Caribbean governments should closely examine incomplete financial management and procurement reform programs and embark on trajectories that will improve their performance and be better responsive to the needs of their citizens. This book sets out, based on more than a decade of World Bank diagnostics, key areas that remain to be addressed by governments in the Latin America and the Caribbean region to underpin sustainable arrangements that deliver efficient and effective services, which are accountable to citizens. Success will have the important additional benefit of serving to notify international financial markets of the integrity of their stewardship function.

Author : United Nations. Economic Commission for Latin America and the Caribbean
Publisher : Unknown
Page : 150 pages
File Size : 54,8 Mb
Release : 2007
Category : Caribbean Area
ISBN : 9211216400

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Economic Survey of Latin America and the Caribbean by United Nations. Economic Commission for Latin America and the Caribbean Pdf

The publication surveys the main economic events and developments of 2006 and the first half of 2007 in the light of the region's recent economic performance. The fifty-ninth edition of the survey is aimed to provide further inputs for the economic debates concerning means of promoting a rapid, sustainable growth process capable of creating conditions conducive to an improvement in the living conditionsin the region. It also describes various aspects of the regions economic growth dynamics. The tables provided in the statistical appendix provide ready access to data for recent years and facilitate the creation of spreadsheets. The edition is supplemented by a CD-ROM.

Author : Eduardo Fernandez-Arias,Rodolfo E. Manuelli,Juan S. Blyde
Publisher : IDB
Page : 491 pages
File Size : 45,9 Mb
Release : 2005
Category : Economic development
ISBN : 9781597820165

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Sources of Growth in Latin America by Eduardo Fernandez-Arias,Rodolfo E. Manuelli,Juan S. Blyde Pdf

Author : Christiansen, Bryan
Publisher : IGI Global
Page : 534 pages
File Size : 46,5 Mb
Release : 2014-06-30
Category : Business & Economics
ISBN : 9781466662254

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Handbook of Research on Economic Growth and Technological Change in Latin America by Christiansen, Bryan Pdf

Investment in Latin America is continuously developing in complex patterns due to the region’s increasing role in the global economy. The Handbook of Research on Economic Growth and Technological Change in Latin America helps readers to better understand the importance of Latin America in today’s global economy. The book discusses the developments of investments involving Latin American Multinational Corporations (“Multilatinas”) within the region. This investment is having profound influences on the state of business, government, and technological development in Latin America, which are all explored in this reference publication for use by researchers, scholar-practitioners, business executives, students, and academicians.

Author : André A. Hofman
Publisher : Edward Elgar Publishing
Page : 344 pages
File Size : 52,9 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105025111738

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The Economic Development of Latin America in the Twentieth Century by André A. Hofman Pdf

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 : André A. Hofman,United Nations. Economic Commission for Latin America and the Caribbean. Economic Development Division
Publisher : United Nations Publications
Page : 48 pages
File Size : 45,8 Mb
Release : 2001
Category : Business & Economics
ISBN : UCSD:31822033174418

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Long Run Economic Development in Latin America in a Comparative Perspective by André A. Hofman,United Nations. Economic Commission for Latin America and the Caribbean. Economic Development Division Pdf

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 : Dyna Heng,Anna Ivanova,Rodrigo Mariscal,Ms.Uma Ramakrishnan,Joyce Wong
Publisher : International Monetary Fund
Page : 32 pages
File Size : 42,6 Mb
Release : 2016-04-12
Category : Business & Economics
ISBN : 9781484326817

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Advancing Financial Development in Latin America and the Caribbean by Dyna Heng,Anna Ivanova,Rodrigo Mariscal,Ms.Uma Ramakrishnan,Joyce Wong Pdf

This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the region compares favorably with other emerging market regions on this dimension. The region, however, continues to lag behind peers on broader financial development, especially with respect to markets, though there is substantial heterogeneity across countries. Financial systems in many LAC countries are also underdeveloped relative to their macroeconomic fundamentals. Further financial development could convey net benefits to the region, provided there is adequate regulatory oversight to prevent excesses.

Author : Inter-American Development Bank
Publisher : Springer
Page : 329 pages
File Size : 47,6 Mb
Release : 2016-07-08
Category : Business & Economics
ISBN : 9781349949298

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Saving for Development by Inter-American Development Bank Pdf

Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Author : Marianne Fay,Mary Morrison
Publisher : World Bank Publications
Page : 148 pages
File Size : 47,6 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780821366776

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Infrastructure in Latin America and the Caribbean by Marianne Fay,Mary Morrison Pdf

This book reviews Latin America's experience with infrastructure reform over the last fifteen years. It argues that the region's infrastructure has suffered from public retrenchment and unrealistic expectations about private involvement. Poor infrastructure now hampers productivity, growth, and poverty reduction. Addressing this requires more and better spending, and acceptance that governments remain central to infrastructure provision and supervision, although the private sector still has an important role to play.

Author : Jorge Thompson Araujo,Ekaterina Vostroknutova,Konstantin M. Wacker,Mateo Clavijo
Publisher : World Bank Publications
Page : 254 pages
File Size : 55,5 Mb
Release : 2016-03-28
Category : Business & Economics
ISBN : 9781464804519

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Understanding the Income and Efficiency Gap in Latin America and the Caribbean by Jorge Thompson Araujo,Ekaterina Vostroknutova,Konstantin M. Wacker,Mateo Clavijo Pdf

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 : United Nations. Economic Commission for Latin America
Publisher : Unknown
Page : 97 pages
File Size : 52,6 Mb
Release : 1983
Category : National income
ISBN : OCLC:932953962

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National Accounts in Latin America and the Caribbean by United Nations. Economic Commission for Latin America Pdf