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This paper investigates the relative importance of different channels in explaining the low share of industrial employment in Latin America relative to the economies that employ a large share of the workforce in industry. Differences in domestic final consumption shares play a pivotal role and...
Persistent link: https://www.econbiz.de/10012008289
The global crisis is now in the rear view mirror and world growth is being restored. In sharp contrast with past episodes of global turmoil, this time the recovery is led by the periphery, specifically by the larger and more dynamic emerging markets (Brazil, China, India, South Korea, Malaysia,...
Persistent link: https://www.econbiz.de/10012247251
Barber B. Conable, President of the World Bank, discussed how in Mexico, the decade of the Eighties began with a massive increase in the size of government, its ownership and interventions, and with an unmanageable debt. By the decade's end, Mexico had launched one of the most ambitious,...
Persistent link: https://www.econbiz.de/10012248191
multiple countries. It focuses on the categories of spending that are naturally inflexible--wages, pensions, transfers to … is a result of a high degree of spending rigidity. Despite being a common complaint, the issue has remained largely … comparability. This report helps close this gap by introducing a new measure of spending rigidities that can be easily applied to …
Persistent link: https://www.econbiz.de/10012644273
fisheries, that make a significant contribution to the economy of Krasnodar Krai and where challenges and unsustainable patterns … the implementation of the Common Maritime Agenda (CMA) for prioritizing and catalyzing blue economy investments in the …
Persistent link: https://www.econbiz.de/10012647612
transfers. The findings show that the system is progressive and contributes to reductions in poverty and inequality. The Gini … a large share of the budget (around 2.5 percent of gross domestic product). These two factors, and the fact that up to a … 35 percent of total expenditures in monetary and in-kind transfers is funded by corporate taxes and royalties-which are …
Persistent link: https://www.econbiz.de/10012002282
analyzes the combined and individual incidence of direct and indirect taxes, transfers, and social spending and benchmarks … Turkey, driven by social spending on education and health, and complemented by direct taxes and transfer schemes that … countervail the inequality-increasing impact of indirect taxes. At the bottom of the income distribution, targeted transfers are …
Persistent link: https://www.econbiz.de/10012257124
The impact of drought on household welfare is the cumulative effect of crop losses and price changes in a local economy … effects in districts with food versus cash transfers suggests that cash transfers do not have inflationary effects on grain …
Persistent link: https://www.econbiz.de/10012296926
The International Maritime Organization's initial strategy on reduction of greenhouse gas emissions from ships stipulates that the international shipping sector should assess the impacts on states prior to adoption of the mitigation measures included in the strategy. This assessment should be...
Persistent link: https://www.econbiz.de/10012002701
-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade … examines 35 products that are partially 3D printed and finds positive and significant effects on trade. The results counter … widespread views that 3D printing will shorten supply chains and reduce trade …
Persistent link: https://www.econbiz.de/10012121158