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Este artículo compara las condiciones de crecimiento económico de China y de América Latina con el fin de evaluar los temores de que la economía china desplace a la latinoamericana en las próximas décadas. Las fortalezas de China se basan en el tamaño de su economía, su estabilidad...
Persistent link: https://www.econbiz.de/10005528470
Este trabajo emplea dados de nivel micro de procedimientos judiciales en Uruguay para mostrar pruebas de que las acusadas reciben un tratamiento más favorable en los tribunales que los acusados. Esto se debe a procedimientos más prolongados de remate judicial y a que hay una mayor probabilidad...
Persistent link: https://www.econbiz.de/10005528503
(Obtenga el PDF en español, visitando el WP-471) El futuro de las reformas estructurales en América Latina está en discusión. El objeto de este documento es resumir los hechos y las opiniones subyacentes de este debate. La primera parte muestra que si bien el proceso de reforma no se ha...
Persistent link: https://www.econbiz.de/10005528540
(For PDF English version go to: WP-470) The future of structural reforms in Latin America is under discussion. The purpose of this document is to synthesize the facts and opinions that underlie this debate. The first section shows that although the reform process has not ground to a halt, it has...
Persistent link: https://www.econbiz.de/10005528547
Three alternative specifications of an investment equation have been tested using panel data of Uruguayan firms: a traditional accelerator model of investment, an error-correction version of the accelerator model and an Euler equation for the capital stock. These models of investment were used...
Persistent link: https://www.econbiz.de/10005528549
(Available only in Spanish) In the last decade the direction of macroeconomic policies made an extraordinary about-face in Latin America, but labor legislation is virtually unchanged. The central purpose of this work is to show the size of this lag and to indicate that most countries require...
Persistent link: https://www.econbiz.de/10005528551
The wave of structural reforms in Latin America and elsewhere has stimulated the development of a wide body of theoretical literature on the political economy of reform, i. e. , the study of the political constraints that condition the timing, speed and sequencing of reforms. This paper tests...
Persistent link: https://www.econbiz.de/10005528630
This paper assesses how electoral outcomes in both presidential and legislative elections in Latin America have been affected by the adoption of economic policies that seek to improve macroeconomic stability and facilitate the functioning of markets. The database includes 17 Latin American...
Persistent link: https://www.econbiz.de/10005528636
This paper studies the impact of trade liberalization on labor and capital gross flows and productivity in the Uruguayan manufacturing sector. Uruguay opened its economy in the presence of -at least initially- strong unions and structurally different industry concentration levels. Higher...
Persistent link: https://www.econbiz.de/10005528674
This paper uses a panel of 50 countries for the period 1985-2003 to evaluate the vulnerability of public social spending (on education and health) to fiscal variables and public debt in Latin America as compared with the rest of the developing world. Social spending is significantly lower in...
Persistent link: https://www.econbiz.de/10005528683