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more favourable loan package; that it is associated with over-investment even when investment does not create collateral …
Persistent link: https://www.econbiz.de/10011430112
appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …
Persistent link: https://www.econbiz.de/10010284188
maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …
Persistent link: https://www.econbiz.de/10010293266
Persistent link: https://www.econbiz.de/10002354993
Persistent link: https://www.econbiz.de/10002357900
During the 1990s, conditional cash transfers (CCTs) were adopted by countries across Latin America as central elements of their poverty reduction strategies. Alongside other developments in the area of social assistance, CCTs represent an opportunity for countries to develop an integrated and...
Persistent link: https://www.econbiz.de/10010293307
Latin America is a volatile, crisis-prone region, with limited and inadequate social insurance. Therefore, the long-term as well as the recent poor suffer significantly during crises. Furthermore, social spending is procyclical in the region, but less so than total spending, indicating that the...
Persistent link: https://www.econbiz.de/10010327062
might stem from state-owned banks' activity on projects characterized by low private sector investment and high social …
Persistent link: https://www.econbiz.de/10010327147
This paper surveys evidence on discrimination in Latin America and shows that there is a widespread perception of discrimination, especially against the poor, the uneducated and those who lack connections. The channels through which discrimination occurs may be built on the basis of economic...
Persistent link: https://www.econbiz.de/10010278236
This paper presents a comparative overview of mobility patterns in 14 Latin American countries between 1992 and 2003. Using three alternative econometric techniques on constructed pseudo-panels, the paper provides a set of estimators for the traditional notion of income mobility as well as for...
Persistent link: https://www.econbiz.de/10010278251