The Economics Of Natural Resources In Latin America

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The Economics of Natural Resources in Latin America

Author : Osmel E Manzano M,Andrew Powell,Fernando Navajas
Publisher : Routledge
Page : 240 pages
File Size : 55,8 Mb
Release : 2019-12-12
Category : Electronic
ISBN : 0367889048

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The Economics of Natural Resources in Latin America by Osmel E Manzano M,Andrew Powell,Fernando Navajas Pdf

Revenues from commodities are extremely important for Latin America and the Caribbean, yet there is very little literature on the structure of these industries and on the various ways in which the state obtains commodity revenues. This book aims to understand the trade-off between the degree of taxation overall, the profitability of the relevant industry and the amount of investment and subsequent production in the region, as well as the relevance of institutions in the performance of the sector. This volume focuses on economic efficiency: where Latin America stands in terms of the current tax system for the extractive sector; how policies have changed in this regard; and how policies may be improved. The Economics of Natural Resources in Latin America is timely, since this new era of lower and volatile prices and possible reconfiguration of investment flows poses a challenge to natural resource tax systems in the world. The argument of the book will be made by a collection of papers around the issue of tax efficiency in the region and concludes with chapters on institutions and the role of transparency. This book shows that there are varieties of experiences in resource taxation and management of revenues in Latin America that could be used to shape policy interventions in other regions. This variety is not only related to their diverse impact on welfare, but also on the policy challenges faced by the countries in the region. This volume is well suited for those who study and find interest in development economics, political economy and public finance, as well as policy

Natural Resources in Latin American Development

Author : Joseph Grunwald,Philip Musgrove
Publisher : Johns Hopkins University Press
Page : 520 pages
File Size : 48,6 Mb
Release : 1970
Category : Business & Economics
ISBN : UCSD:31822004138319

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Natural Resources in Latin American Development by Joseph Grunwald,Philip Musgrove Pdf

Assessment, based on statistical analysis, of the contribution of the natural resources sector to the economic development of Latin America - gives basic information on the evolution of production, consumption and export trade of natural resource commodities, and covers the copper industry, the iron and steel industry, the petroleum industry, coal mining, agricultural products (incl. Coffee, sugar, cotton, etc.), forestry and fishery products, etc. References and statistical tables.

The Economics of Natural Resources in Latin America

Author : Osmel E. Manzano M.,Fernando Navajas,Andrew Powell
Publisher : Routledge
Page : 240 pages
File Size : 50,7 Mb
Release : 2017-11-15
Category : Business & Economics
ISBN : 9781351618861

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The Economics of Natural Resources in Latin America by Osmel E. Manzano M.,Fernando Navajas,Andrew Powell Pdf

Revenues from commodities are extremely important for Latin America and the Caribbean, yet there is very little literature on the structure of these industries and on the various ways in which the state obtains commodity revenues. This book aims to understand the trade-off between the degree of taxation overall, the profitability of the relevant industry and the amount of investment and subsequent production in the region, as well as the relevance of institutions in the performance of the sector. This volume focuses on economic efficiency: where Latin America stands in terms of the current tax system for the extractive sector; how policies have changed in this regard; and how policies may be improved. The Economics of Natural Resources in Latin America is timely, since this new era of lower and volatile prices and possible reconfiguration of investment flows poses a challenge to natural resource tax systems in the world. The argument of the book will be made by a collection of papers around the issue of tax efficiency in the region and concludes with chapters on institutions and the role of transparency. This book shows that there are varieties of experiences in resource taxation and management of revenues in Latin America that could be used to shape policy interventions in other regions. This variety is not only related to their diverse impact on welfare, but also on the policy challenges faced by the countries in the region. This volume is well suited for those who study and find interest in development economics, political economy and public finance, as well as policy

Natural Resources in Latin America and the Caribbean

Author : Emily Sinnott,John Nash,Augusto de la Torre
Publisher : World Bank Publications
Page : 82 pages
File Size : 52,6 Mb
Release : 2010-01-01
Category : BUSINESS & ECONOMICS
ISBN : 0821384821

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Natural Resources in Latin America and the Caribbean by Emily Sinnott,John Nash,Augusto de la Torre Pdf

"The question of how to treat commodity production and how to manage recurrent cycles of booms and busts has always been a challenge for policymakers in commodity-dependent countries, including many in the LAC region. These challenges have led to allegations of a "commodity curse'' that retards development in these countries, but as of yet, there is no consensus as to whether such a curse exists, and if so, how can negative effects be minimized. This book contributes to this debate. Much of the report is focused on an examination of specific channels through which commodity dependence may affect the economic and institutional development of countries. This includes broadly 4 sets of concerns: one set dealing with the direct economic effects of commodity dependence and the implications for long-term growth; one dealing with the interactions between commodity production and the rents it generates on the one hand, and a country's institutions on the other; a third dealing with the macroeconomic challenges of managing the volatility of revenue flows, including the distributional implications at the household level posed by cyclicality of social spending; and a final set associated with potential negative environmental and social impacts. The book finds that some commonly accepted negative effects of dependence on natural resources are largely myths, while some are realities. But all can be managed, and the book draws on the best available information in existing literature as well as original analysis to provide practical advice on how to do so. It also presents descriptive facts and analysis of the impacts in LAC of the recent commodity boom, helping the reader understand the implications for the region's development and policies. It should be of great interest to policy-makers and analysts, as well as laypersons interested in the economics of commodity markets and their role in economic development."

Natural Resources, Neither Curse nor Destiny

Author : Daniel Lederman,William F Maloney
Publisher : World Bank Publications
Page : 392 pages
File Size : 53,9 Mb
Release : 2006-10-23
Category : Nature
ISBN : 0821365460

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Natural Resources, Neither Curse nor Destiny by Daniel Lederman,William F Maloney Pdf

'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.

Large Mines and the Community

Author : Gary McMahon,Felix Remy
Publisher : World Bank Publications
Page : 348 pages
File Size : 54,8 Mb
Release : 2001-01-01
Category : Nature
ISBN : 0821350021

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Large Mines and the Community by Gary McMahon,Felix Remy Pdf

"International Development Research Centre."

Natural Resource Development and Human Rights in Latin America

Author : Malayna Raftopoulos,Radosław Powęska
Publisher : University of London Press
Page : 0 pages
File Size : 47,9 Mb
Release : 2017
Category : Business & Economics
ISBN : 1912250012

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Natural Resource Development and Human Rights in Latin America by Malayna Raftopoulos,Radosław Powęska Pdf

Contemporary development debates in Latin America are marked by the pursuit of economic growth, technological improvement and poverty reduction, and are overshadowed by growing concerns about the preservation of the environment and human rights. This collection's multidisciplinary perspective links local, national, regional and transnational levels of inquiry into the interaction of state and non-state actors involved in promoting or opposing natural resource development. Taking this approach allows the book to contemplate the complex panorama of competing visions, concepts and interests grounded in the mutual influences and interdependencies which shape the contemporary arena of social-environmental conflicts in the region.

The Impact of Natural Resource Discoveries in Latin America and the Caribbean

Author : Mr.Frederik G Toscani
Publisher : International Monetary Fund
Page : 35 pages
File Size : 43,7 Mb
Release : 2017-02-10
Category : Nature
ISBN : 9781475577570

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The Impact of Natural Resource Discoveries in Latin America and the Caribbean by Mr.Frederik G Toscani Pdf

This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to discoveries over the short- and medium-run. Second, we use non-stationary panel data techniques to look at the long-run (trend) relationship between GDP per capita and the value of oil and gas production—our results imply that the recent fall in prices could depress GDP per capita by several percentage points. Last, we use Bolivia, which discovered huge gas reserves in the late 1990s, as a case study to apply the cross-country results and to study the impact of discoveries at the subnational level.

Water for Food Security and Well-being in Latin America and the Caribbean

Author : Bárbara A. Willaarts,Alberto Garrido,M. Ramón Llamas
Publisher : Routledge
Page : 497 pages
File Size : 55,7 Mb
Release : 2014-04-24
Category : Technology & Engineering
ISBN : 9781134682874

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Water for Food Security and Well-being in Latin America and the Caribbean by Bárbara A. Willaarts,Alberto Garrido,M. Ramón Llamas Pdf

This volume provides an analytical and facts-based overview on the progress achieved in water security in Latin America and the Caribbean (LAC) region over during the last decade, and its links to regional development, food security and human well-being. Although the book takes a regional approach, covering a vast of data pertaining to most of the LAC region, some chapters focus on seven countries (Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru). A full understanding of LAC’s trends progress requires framing this region in the global context: an ever more globalized world where LAC has an increasing geopolitical power and a growing presence in international food markets. The book’s specific objectives are: (1) exploring the improvements and links between water and food security in LAC countries; (2) assessing the role of the socio-economic ‘megatrends’ in LAC, identifying feedback processes between the region’s observed pattern of changes regarding key biophysical, economic and social variables linked to water and food security; and (3) reviewing the critical changes that are taking place in the institutional and governance water spheres, including the role of civil society, which may represent a promising means to advancing towards the goal of improving water security in LAC. The resulting picture shows a region where recent socioeconomic development has led to important advances in the domains of food and water security. Economic growth in LAC and its increasingly important role in international trade are intense in terms of use of natural resources such as land, water and energy. This poses new and important challenges for sustainable development. The reinforcement of national and global governance schemes and their alignment on the improvement of human well-being is and will remain an inescapable prerequisite to the achievement of long-lasting security. Supporting this bold idea with facts and science-based conclusions is the ultimate goal of the book.

Natural Resources, Extraction and Indigenous Rights in Latin America

Author : Marcela Torres Wong
Publisher : Routledge
Page : 164 pages
File Size : 46,6 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9781351210225

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Natural Resources, Extraction and Indigenous Rights in Latin America by Marcela Torres Wong Pdf

In 1989, the International Labor Organization stated that all indigenous peoples living in the postcolonial world were entitled to the right to prior consultation, over activities that could potentially impact their territories and traditional livelihoods. However, in many cases the economic importance of industries such as mining and oil condition the way that governments implement the right to prior consultation. This book explores extractive conflicts between indigenous populations, the government and oil and mining companies in Latin America, namely Mexico, Peru and Bolivia. Building on two years of research and drawing on the state-corporate and environmental crime literatures, this book examines the legal, extralegal, illegal as well as political strategies used by the state and extractive companies to avoid undesired results produced by the legalization of the right to prior consultation. It examines the ways in which prior consultation is utilized by powerful indigenous actors to negotiate economic resources with the state and extractive companies, while also showing the ways in which weaker indigenous groups are incapable of engaging in prior consultations in a meaningful way and are therefore left at the mercy of negative ecological impacts. It demonstrates how social mobilization—not prior consultation—is the most effective strategy in preventing extraction from moving forward within ecologically fragile indigenous territories.

The Oxford Handbook of Latin American Economics

Author : José Antonio Ocampo,Jaime Ros
Publisher : Oxford University Press
Page : 959 pages
File Size : 50,9 Mb
Release : 2011-07-28
Category : Business & Economics
ISBN : 9780199571048

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The Oxford Handbook of Latin American Economics by José Antonio Ocampo,Jaime Ros Pdf

A comprehensive overview of the key factors affecting the development of Latin American economies that examines long-term growth performance, macroeconomic issues, Latin American economies in the global context, technological and agricultural policies, and the evolution of labour markets, the education sector, and social security programmes.

The Political Economy of Natural Resources and Development

Author : Paul A. Haslam,Pablo Heidrich
Publisher : Routledge
Page : 259 pages
File Size : 49,5 Mb
Release : 2016-02-05
Category : Business & Economics
ISBN : 9781317418900

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The Political Economy of Natural Resources and Development by Paul A. Haslam,Pablo Heidrich Pdf

The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

The Political Economy of Natural Resources and Development

Author : Paul A. Haslam,Pablo Heidrich
Publisher : Routledge
Page : 240 pages
File Size : 54,6 Mb
Release : 2016-02-05
Category : Business & Economics
ISBN : 9781317418917

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The Political Economy of Natural Resources and Development by Paul A. Haslam,Pablo Heidrich Pdf

The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

The Economics of Contemporary Latin America

Author : Beatriz Armendariz,Felipe Larrain B.
Publisher : MIT Press
Page : 424 pages
File Size : 55,6 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.

The Decline of Latin American Economies

Author : Sebastian Edwards,Gerardo Esquivel,Graciela Márquez
Publisher : University of Chicago Press
Page : 427 pages
File Size : 51,9 Mb
Release : 2009-02-15
Category : Business & Economics
ISBN : 9780226185033

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The Decline of Latin American Economies by Sebastian Edwards,Gerardo Esquivel,Graciela Márquez Pdf

Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.