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competitive barriers increase productivity to Western levels …
Persistent link: https://www.econbiz.de/10013249397
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10013152508
Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political...
Persistent link: https://www.econbiz.de/10012778235
of the labor force engaged in agriculture. This decline has been accompanied by a systematic increase in the productivity … of the labor force, as it has moved from low productivity agriculture to higher productivity manufacturing and services …
Persistent link: https://www.econbiz.de/10013054049
productivity; high natural and policy barriers to trade. Focusing on the latter explanations, policy makers have long advocated a …
Persistent link: https://www.econbiz.de/10013031211
more ingrained, discouraging productivity improvements. I then deal with inflation, fiscal largesse, and the Mexican debt …
Persistent link: https://www.econbiz.de/10013151815
The main issue of this paper is to study infant mortality in Latin America in recent decades. In so doing, two questions must be answered: First, how large is the economic loss in terms of net national product due to child mortality under the age of 15 and what are the major causes of death?...
Persistent link: https://www.econbiz.de/10012760373
The paper stresses the evolutionary and adaptive experience of Latin American growth between 1950 and 1980, and provides a synthetic view by considering the sources of growth within a simple production framework. Regressions use quinquennial panel data for 18 Latin American countries.They...
Persistent link: https://www.econbiz.de/10013246276
In this paper I discuss some of the most important lessons on exchange rate policies in emerging markets during the last 35 years. The analysis is undertaken from the perspective of both the Latin American and East Asian nations. Some of the topics addressed include: the relationship between...
Persistent link: https://www.econbiz.de/10013124845
reallocation of labor from low- to high-productivity sectors. Patterns of structural change differ greatly in the recent growth … rapid within-sector labor productivity growth (Latin America) or growth-increasing structural change (Africa), but rarely … have come typically at the expense of declining labor productivity growth in the more modern sectors of the economy. We …
Persistent link: https://www.econbiz.de/10012963742