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Risk Sharing Opportunities and Macroeconomic Factors in Latin American and Caribbean Countries : A Consumption Insurance Assessment

Ventura, Luigi - 2012

This paper evaluates the degree of consumption insurance enjoyed by Latin American and Caribbean countries, with respect to various reference areas, by estimating a parameter expressing the sensitivity of a country's consumption growth to a measure of idiosyncratic shocks to income. The paper...

Persistent link: https://www.econbiz.de/10012552277

Improving Logistics Costs for Transportation and Trade Facilitation

Gonzalez, Julio A.; Guasch, Jose Luis; Serebrisky, Tomas - 2012

Access to basic infrastructure services - roads, electricity, water, sanitation - and the efficient provision of the services, is a key challenge in the fight against poverty. Many of the poor (and particularly the extreme poor) in rural communities in Latin America live on average 5 kilometers...

Persistent link: https://www.econbiz.de/10012552342

What is the Impact of International Remittances on Poverty and Inequality in Latin America?

Acosta, Pablo; Calder??n, Cesar; Fajnzylber, Pablo - 2012

Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have...

Persistent link: https://www.econbiz.de/10012552698

Specialization and Adjustment during the Growth of China and India : The Latin American Experience

Lederman, Daniel; Olarreaga, Marcelo; Rubiano, Eliana - 2012

This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American economies. The authors construct Vollrath's measure of revealed comparative advantage by 3-digit ISIC sector, country, and year. This measure...

Persistent link: https://www.econbiz.de/10012552765

Informality and Profitability : Evidence from a New Firm Survey in Ecuador

Medvedev, Denis; Oviedo, Ana Maria - 2013

This paper estimates the impact of informality on firm profits using a new firm-level survey designed specifically for this study. The survey was administered to about 1,200 firms with 50 employees or less in Ecuador's two largest cities, Quito and Guayaquil, plus two main centers of economic...

Persistent link: https://www.econbiz.de/10012559463

Learning from China's Rise to Escape the Middle-Income Trap : A New Structural Economics Approach to Latin America

Lin, Justin Yifu; Treichel, Volker - 2012

This paper discusses the causes of the middle-income trap in Latin America and the Caribbean, identifies the challenges and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the Growth Identification and Facilitation Framework to...

Persistent link: https://www.econbiz.de/10012557047

Rising Growth, Declining Investment : The Puzzle of the Philippines

Bocchi, Alessandro Magnoli - 2012

years, however, domestic investment, while stagnant in real terms, has shrunk as a share of GDP. In an open and growing … economy, why the decline? Three reasons explain the puzzle. First, the public sector cannot afford expanding its investment at … GDP growth rates. Second, the capital-intensive private sector does not find it convenient to raise investment at the …

Persistent link: https://www.econbiz.de/10012552369

Analyzing the Dynamics of School Dropout in Upper Secondary Education in Latin America

Bentaouet Kattan, Raja; Székely, Miguel - 2015

This study examines trends in school dropout at the upper secondary education level across Latin America over the past two decades, and attempts to identify factors influencing these rates. The methodology contributes to the existing literature by employing repeated cross sections of data to...

Persistent link: https://www.econbiz.de/10012564380

Governance in State-Owned Enterprises Revisited : The Cases of Water and Electricity in Latin America and the Caribbean

Andr??s, Luis Alberto; Guasch, Jos?? Luis; L??pez … - 2012

This paper studies the governance structure of state-owned enterprises in the water and electricity sectors of Latin America and the Caribbean. Through a unique dataset, the paper compares 44 leading state companies of the region based on an aggregate measure of corporate governance and six...

Persistent link: https://www.econbiz.de/10012551240

Social Protection in Latin America : Achievements and Limitations

Ferreira, Francisco H. G.; Robalino, David - 2012

Social protection systems in Latin America have been transformed in the past two decades. Until the 1980s, those who were not covered by the social security arrangements available primarily in the urban formal sector received little public assistance beyond universal subsidies for some food or...

Persistent link: https://www.econbiz.de/10012551524

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