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The Evolution of Urban Concentration around the World: A Panel Approach
Gaviria, Alejandro; Stein, Ernesto H. - Inter-American Development Bank - 2000
In this paper, we use a panel approach to study population growth in major cities around the world. We find that major … effects of trade policy on the growth of major cities hinge heavily on geography. While population growth in major cities … located at or near ports does not change after an upsurge of trade flows, population growth in landlocked major cities tends …
Persistent link: https://www.econbiz.de/10010943835
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Vulnerability, Debt and Growth in the Caribbean: A Fan Chart Approach
Andrian, Leandro; Mercer-Blackman, Valerie; Presbitero, … - Inter-American Development Bank - 2013
High government debts, weak economic growth, vulnerability to external shocks and the design of sound fiscal consolidation strategies are among the most critical issues that some of the Caribbean countries have currently to deal with. Stabilization programs may harm economic growth but, under...
Persistent link: https://www.econbiz.de/10010691643
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Policy Benchmarking for Productivity and Growth: Review and Proposed Framework for the Caribbean
Melgarejo, Karl Alexander; D'Acosta, Michael; … - Inter-American Development Bank - 2013
This paper contributes to the analysis of the Caribbean's growth performance by setting out a framework for benchmarking indicators of key micro drivers and related structural policies that help explain differentials in productivity and real GDP per capita across the region, and relative to...
Persistent link: https://www.econbiz.de/10010696055
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The Political Economy of Fiscal Policy: Survey
Eslava, Marcela - Inter-American Development Bank - 2006
This paper surveys the recent literature on the political economy of fiscal policy, in particular the accumulation of government debt. The authors examine three possible determinants of fiscal balances: opportunistic behavior by policymakers, heterogeneous fiscal preferences of either voters or...
Persistent link: https://www.econbiz.de/10010943717
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Is the Eurozone on the Mend? Latin American Examples to Analyze the Euro Question
Cavallo, Eduardo Alfredo; Fernandez-Arias, Eduardo; … - Inter-American Development Bank - 2014
Several European countries face challenges reminiscent of those faced by the emerging economies of Latin America. The economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and then the busts including Sudden Stops in capital...
Persistent link: https://www.econbiz.de/10010943779
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Taxation and Economic Growth in Latin America
Canavire-Bacarreza, Gustavo; Martínez-Vázquez, Jorge; … - Inter-American Development Bank - 2013
Tax policy is among the most common and relevant instruments in the toolkit of policy-makers when thinking about promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of approaches, we estimate the effects on growth of the most...
Persistent link: https://www.econbiz.de/10010943781
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Economic Crisis and Fiscal Reforms in Latin America
Scartascini, Carlos G.; Hallerberg, Mark - Inter-American Development Bank - 2011
The recent financial crisis has initiated pressures for not only policy reform but also fundamental institutional fiscal reforms. This paper explores the connection between economic crises and fiscal institutional reforms in a region that has experienced plenty of both in recent years, namely...
Persistent link: https://www.econbiz.de/10010943892
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On the Credibility of Inflation Targeting Regimes in Latin America
Mariscal, Rodrigo; Powell, Andrew; Tavella, Pilar - Inter-American Development Bank - 2014
Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The success of this regime may depend critically on the credibility of the target and the expectation that the authorities will take appropriate actions if the target is breached....
Persistent link: https://www.econbiz.de/10010944050
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A Cycle-Adjusted Fiscal Rule for Sustainable and More Equitable Growth in Argentina
Zúñiga, Jimena; Capello, Marcelo; Butler, Inés; … - Inter-American Development Bank - 2013
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low appropriability of social returns and insufficient public...
Persistent link: https://www.econbiz.de/10010944174
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Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean
Serebrisky, Tomas; Sarriera, Javier Morales; Araya, Gonzalo - Inter-American Development Bank - 2013
We developed a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. We employed a 10-year panel with data on container throughput, port terminal area, berth length, and number of available cranes in 63 ports. The...
Persistent link: https://www.econbiz.de/10010944418