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Populism and the Economics of Globalization
Rodrik, Dani - 2017
history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would … different reactions are related to the relative salience of different types of globalization shocks …
Persistent link: https://www.econbiz.de/10012952507
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Globalization, Growth and Crises : The View from Latin America
Edwards, Sebastian - 2008
In this paper I analyze the role of openness and globalization in Latin America's economic development. The paper is …
Persistent link: https://www.econbiz.de/10012771804
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Globalization in Latin America Before 1940
Bertola, Luis; Williamson, Jeffrey G. - 2021
globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … massive de-globalization during the decades of lost growth' between the 1820s and the 1870s. Next, it documents what happened … World War I, while it fell thereafter. The correlation between globalization and inequality is likely to have been causal …
Persistent link: https://www.econbiz.de/10013222891
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Education Quality and Teaching Practices
Bassi, Marina - 2016
Improving school quality with limited resources is a key issue of policy. It has been suggested that instructing teachers to follow specific practices together with tight monitoring of their activities may help improve outcomes in under-performing schools that usually serve poor populations....
Persistent link: https://www.econbiz.de/10012981622
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What Hinders Investment in the Aftermath of Financial Crises : Insolvent Firms or Illiquid Banks?
Kalemli-Ozcan, Sebnem - 2010
We quantify the effects of lending and balance sheet channels on corporate investment during large crises in emerging markets. The depreciated currency creates investment opportunities in the tradable sector but firms might be financially constrained due to: 1) a deterioration of their balance...
Persistent link: https://www.econbiz.de/10013135885
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A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America
Frankel, Jeffrey A. - 2010
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in Latin America and the Caribbean (LAC), which tend to be price takers on world markets, to produce commodity exports subject to volatile terms of trade, and to...
Persistent link: https://www.econbiz.de/10013138116
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Adjustment Patterns to Commodity Terms of Trade Shocks : The Role of Exchange Rate and International Reserves Policies
Aizenman, Joshua - 2011
We analyze the way in which Latin American countries have adjusted to commodity terms of trade (CTOT) shocks in the 1970-2007 period. Specifically, we investigate the degree to which the active management of international reserves and exchange rates impacted the transmission of international...
Persistent link: https://www.econbiz.de/10013117207
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Unemployment in Latin America and the Caribbean
Ball, Laurence - 2011
This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government...
Persistent link: https://www.econbiz.de/10013121727
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Social Conflict and Populist Policies in Latin America
Sachs, Jeffrey D. - 2011
The central hypothesis of this paper is that high income inequality in Latin America contributes to intense political pressures for macroeconomic policies to raise the incomes of lower income groups, which in turn contributes to bad policy choices and weak economic performance. The paper looks...
Persistent link: https://www.econbiz.de/10013124258
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Exchange Rates in Emerging Countries : Eleven Empirical Regularities from Latin America and East Asia
Edwards, Sebastian - 2011
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