Effects Of The Business Cycle On Social Indicators In Latin America And The Caribbean

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Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean

Author : Carlos A. Vegh,Guillermo Vuletin,Daniel Riera-Crichton,Jorge Pablo Puig,José Andrée Camarena,Luciana Galeano,Luis Morano,Lucila Venturi
Publisher : World Bank Publications
Page : 70 pages
File Size : 45,9 Mb
Release : 2019-04-04
Category : Business & Economics
ISBN : 9781464814136

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Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean by Carlos A. Vegh,Guillermo Vuletin,Daniel Riera-Crichton,Jorge Pablo Puig,José Andrée Camarena,Luciana Galeano,Luis Morano,Lucila Venturi Pdf

After mediocre growth in 2018 of 0.7 percent. LAC is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face both internal and external challenges during 2019. On the domestic front. the recession in Argentina; a slower than expected recovery in Brazil from the 2014-2015 recession, anemic growth in Mexico. and the continued deterioration of Venezuela. present the biggest challenges. On the external front. the sharp drop in net capital inflows to the region since early 2018 and the monetary policy normalization in the United States stand among the greatest perils. Furthermore, the recent increase in poverty in Brazil because of the recession points to the large effects that the business cycle may have on poverty. The core of this report argues that social indicators that are very sensitive to the business cycle may yield a highly misleading picture of permanent social gains in the region.

Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean

Author : Anonim
Publisher : Unknown
Page : 68 pages
File Size : 51,7 Mb
Release : 2019
Category : Business cycles
ISBN : OCLC:1104139308

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Effects of the Business Cycle on Social Indicators in Latin America and the Caribbean by Anonim Pdf

After mediocre growth in 2018 of 0.7 percent, LAC is expected to perform only marginally better in 2019 (growth of 0.9 percent) followed by a much more solid growth of 2.1 percent in 2020. LAC will face both internal and external challenges during 2019. On the domestic front there is the recession in Argentina, a slower than expected recovery in Brazil from the 2014-2015 recession, anemic growth in Mexico. and the continued deterioration of Venezuela. On the external front ther is the sharp drop in net capital inflows to the region since early 2018 and the monetary policy normalization in the United States. Furthermore, the recent increase in poverty in Brazil because of the recession points to the large effects that the business cycle may have on poverty. The core of this report argues that social indicators that are very sensitive to the business cycle may yield a highly misleading picture of permanent social gains in the region.

Latin America and the Caribbean

Author : Anonim
Publisher : Unknown
Page : 122 pages
File Size : 41,9 Mb
Release : 1991
Category : Caribbean Area
ISBN : UCR:31210015588179

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Latin America and the Caribbean by Anonim Pdf

Economic Survey of Latin America and the Caribbean 2008-2009

Author : United Nations
Publisher : UN
Page : 152 pages
File Size : 49,9 Mb
Release : 2010-04
Category : Business & Economics
ISBN : 9211217113

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Economic Survey of Latin America and the Caribbean 2008-2009 by United Nations Pdf

The publication of the sixty-first edition of the Economic Survey of Latin America and the Caribbean, corresponding to 2008-2009, comes at a critical point in the economic development of the Latin American and Caribbean region. A growth phase that the region's recent history cannot equal in nature and duration has come to an end and output is contracting. The first part of this edition looks at the channels through which the crisis is affecting the economies of the region and its impact on variables such as economic growth, employment and external-sector indicators. It also discusses the strengths and weaknesses of the countries and concludes with a discussion of the outlook for the second half of the year. The second part discusses policies for creating quality jobs, including challenges and opportunities for labor institutions and labor markets, labor-market policies for youth and women. This CD-ROM also contains the electronic versions of the printed publication. The statistical information presented in this publication reflects the data available up to 30 June 2009

A Decade of Social Development in Latin America, 1990-1999

Author : José Antonio Ocampo
Publisher : Santiago, Chile : United Nations
Page : 300 pages
File Size : 41,7 Mb
Release : 2004
Category : Business & Economics
ISBN : UTEXAS:059173015220515

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A Decade of Social Development in Latin America, 1990-1999 by José Antonio Ocampo Pdf

The final decade of twentieth century was momentous for Latin America, as it witnessed sweeping changes with regard to previous trends in the region. Most important were the revival of economic growth and the reduction of poverty. Another significant phenomenon was impact of international crises on Latin American countries. This book analyzes what happened between 1990 and 1999 and revisits issues of interest to ECLAC, using the same approach that has characterized the Social Panorama of Latin America. Analysis begins with a look at poverty, income distribution, employment, occupational stratification, the role of education, the intergenerational transmission of opportunities for achieving well-being and the contribution of social spending to the improvement of the population's standard of living and at interrelationships between these dimensions and economic growth. It also uses opinion polls carried out in many of the countries to describe the Latin American population's subjective reactions changes in the 1990s--Publisher's description.

Economic Survey of Latin America and the Caribbean 2017

Author : United Nations Economic Commission for Latin America and the Caribbean
Publisher : United Nations
Page : 212 pages
File Size : 40,6 Mb
Release : 2017-11-07
Category : Political Science
ISBN : 9789210585972

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Economic Survey of Latin America and the Caribbean 2017 by United Nations Economic Commission for Latin America and the Caribbean Pdf

The 2017 edition of the Economic Survey of Latin America and the Caribbean has three parts. Part I outlines the region’s economic performance in 2016 and analyses trends in the early months of 2017, as well as the outlook for the rest of the year. It examines external and domestic factors that have influenced the region’s economic performance and draws attention to macroeconomic policy challenges. Part II analyses the characteristics of the current economic cycle in the region (2009-2016) and contrasts it with the two preceding cycles (1990-2001 and 2002-2008). It also identifies and attempts to explain some of the determinants of the cycle and outlines possible strategies for regaining growth. Part III contains notes relating to the economic performance of countries of the region.

Economic Growth in Latin America and the Caribbean

Author : Norman Loayza,Pablo Fajnzylber,C©?sar Calder©?n
Publisher : World Bank Publications
Page : 169 pages
File Size : 50,8 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.

Social Panorama of Latin America 2020

Author : United Nations Publications
Publisher : Unknown
Page : 252 pages
File Size : 52,6 Mb
Release : 2021-07-29
Category : Electronic
ISBN : 9211220696

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Social Panorama of Latin America 2020 by United Nations Publications Pdf

This publication examines the social impact of an unprecedented crisis.

The Economy in the Time of Covid-19

Author : World Bank
Publisher : World Bank Publications
Page : 64 pages
File Size : 41,8 Mb
Release : 2020-04-12
Category : Business & Economics
ISBN : 9781464815706

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The Economy in the Time of Covid-19 by World Bank Pdf

After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are struggling to contain the spread of the Covid-19 epidemic while avoiding a dramatic decline in economic activity. The report analyzes how to think about this tradeoff. It estimates the potential health costs, assesses the effectiveness of diverse containment strategies, and discusses how large the economic cost could be. The current crisis is unprecedented because it combines a fall in global demand, tighter financial conditions and a major supply shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to protect jobs and livelihoods, and how to manage and divest the assets that will inevitably end up in the hands of the state.

Law and Employment

Author : James J. Heckman,Carmen Pages
Publisher : University of Chicago Press
Page : 585 pages
File Size : 43,8 Mb
Release : 2007-11-01
Category : Law
ISBN : 9780226322858

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Law and Employment by James J. Heckman,Carmen Pages Pdf

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.

Commodity Cycles, Inequality, and Poverty in Latin America

Author : Mr. Ravi Balakrishnan,Sandra Lizarazo,Marika Santoro,Mr. Frederik G Toscani,Mr. Mauricio Vargas
Publisher : International Monetary Fund
Page : 123 pages
File Size : 40,8 Mb
Release : 2021-04-26
Category : Business & Economics
ISBN : 9781484326091

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Commodity Cycles, Inequality, and Poverty in Latin America by Mr. Ravi Balakrishnan,Sandra Lizarazo,Marika Santoro,Mr. Frederik G Toscani,Mr. Mauricio Vargas Pdf

Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.

Latin American Economic Outlook 2021 Working Together for a Better Recovery

Author : OECD,Economic Commission for Latin America and the Caribbean,CAF Development Bank of Latin America,European Commission
Publisher : OECD Publishing
Page : 274 pages
File Size : 54,6 Mb
Release : 2021-12-02
Category : Electronic
ISBN : 9789264682313

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Latin American Economic Outlook 2021 Working Together for a Better Recovery by OECD,Economic Commission for Latin America and the Caribbean,CAF Development Bank of Latin America,European Commission Pdf

The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy‐making process.

The Economics of Contemporary Latin America

Author : Beatriz Armendariz,Felipe Larrain B.
Publisher : MIT Press
Page : 424 pages
File Size : 46,9 Mb
Release : 2017-05-12
Category : Political Science
ISBN : 9780262533157

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The Economics of Contemporary Latin America by Beatriz Armendariz,Felipe Larrain B. Pdf

Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

Growth, Employment, and Equity

Author : Barbara Stallings,Wilson Peres
Publisher : Rowman & Littlefield
Page : 271 pages
File Size : 46,6 Mb
Release : 2010-12
Category : Business & Economics
ISBN : 9780815798293

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Growth, Employment, and Equity by Barbara Stallings,Wilson Peres Pdf

Annotation Analyzes the impact of economic reforms in nine countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Jamaica, Mexico, and Peru. Econometric evidence presented suggests that reforms have had a surprisingly small positive impact on growth and investment together with a small negative impact on employment and income distribution. Reforms' stronger effects were found at the country, sectoral, and microeconomic levels. The authors are affiliated with the UN's Economic Commission for Latin America and the Caribbean. Annotation c. Book News, Inc., Portland, OR (booknews.com).