Showing 1 - 10 of 184
Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged...
Persistent link: https://www.econbiz.de/10015058581
This paper examines foreign exchange intervention practices and their effectiveness using a new qualitative and quantitative database for a panel of 15 economies covering 2004 - 10, with special focus on Latin America. Qualitatively, it examines institutional aspects such as declared motives,...
Persistent link: https://www.econbiz.de/10009203527
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries … economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality …. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the …
Persistent link: https://www.econbiz.de/10005248163
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects … of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …
Persistent link: https://www.econbiz.de/10005263804
This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …
Persistent link: https://www.econbiz.de/10008671312
We develop a quantitative spatial general equilibrium model with heterogeneous house-holds and multiple locations to study households' vulnerability to food insecurity from cli-mate shocks. In the model, households endogenously respond to negative climate shocks by drawing-down assets, importing...
Persistent link: https://www.econbiz.de/10015059161
This paper analyzes the domestic and external drivers of local staple food prices in Sub-Saharan Africa. Using data on domestic market prices of the five most consumed staple foods from 15 countries, this paper finds that external factors drive food price inflation, but domestic factors can...
Persistent link: https://www.econbiz.de/10015060273
In most developing countries, poverty is more widespread and severe in rural than in urban areas. The author reviews … some important aspects of rural poverty and draws key implications for public policy. He presents a policy framework for … reducing poverty, taking into account the functional differences and overlap between the rural poor. Several policy options are …
Persistent link: https://www.econbiz.de/10005605040
This study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across...
Persistent link: https://www.econbiz.de/10009487105