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This paper analyzes saving patterns and determinants in Latin America and the Caribbean (LAC), including key policy variables and regimes. The review of previous empirical studies on LAC saving reveals contradictions and omissions. This paper presents empirical results of an extensive search of...
Persistent link: https://www.econbiz.de/10012418216
This paper addresses the issue of threshold effects between public debt and economic growth in the Caribbean. The main finding is that there exists a threshold debt to gross domestic product (GDP) ratio of 55–56 percent. Moreover, the debt dynamics begin changing well before this threshold is...
Persistent link: https://www.econbiz.de/10014396397
structural reforms have been conducive to better growth, savings, and private investment …
Persistent link: https://www.econbiz.de/10014398031
This paper assesses empirically the role of public policies in stimulating private savings and investment in sub … effective in stimulating private savings and investment include those that keep the rate of inflation low, reduce macroeconomic … government savings are only partially offset by increases in private savings …
Persistent link: https://www.econbiz.de/10014396277
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
Persistent link: https://www.econbiz.de/10011282784
Despite some improvement since 2011, Latin America and the Caribbean continue to lag behind other regions in terms of financial inclusion. There is no clear evidence that fintech developments have supported greater financial inclusion in LAC, contrary to what has been observed elsewhere in the...
Persistent link: https://www.econbiz.de/10012796812
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China's overseas...
Persistent link: https://www.econbiz.de/10012612332
This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins (NIMs) and limited financial depth in the region,...
Persistent link: https://www.econbiz.de/10012605062
This study provides an overview of tax structures in LAC before the COVID-19 pandemic, compares it to OECD countries, and provides recommendations for growth-friendly and inclusive tax policy reforms. LAC countries collect significantly lower tax revenue relative to OECD countries and have tax...
Persistent link: https://www.econbiz.de/10013170577