Showing 1 - 10 of 188
This paper discusses the theoretical arguments in favor of and against economic globalization and, with a view to … ascertaining whether Latin America may be able to capture the globalization upside, examines the trends and salient features of … Latin America's globalization as compared with that of Southeast Asia. The paper focuses on trade and financial integration …
Persistent link: https://www.econbiz.de/10012973335
The authors investigate whether integration with global markets affects the financing choices of firms from East Asia and Latin America. Using firm-level data for the 1980s and 1990s, they study how leverage ratios, the structure of debt maturity, and sources of financing change when economies...
Persistent link: https://www.econbiz.de/10012746902
The authors investigate what has motivated the large portfolio flows to several developing countries in recent years. Using monthly data on U.S. capital flows to nine Latin American and nine Asian countries (instead of monthly reserves data), they analyze the behavior of bond andequity flows to...
Persistent link: https://www.econbiz.de/10012746921
This paper proposes methods to incorporate firm heterogeneity in the standard input-output table-based approach to portray the domestic segment of global value chains in a country. The analysis uses Chinese firm census data for the manufacturing and service sectors, along with constrained...
Persistent link: https://www.econbiz.de/10012973030
This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages...
Persistent link: https://www.econbiz.de/10012923417
To comprehend how development really happens, it is necessary to understand the evolution of its drivers and their relationship with individuals' income. This paper analyzes the expansion of access to education and basic services in Latin America and its association with the evolution of incomes...
Persistent link: https://www.econbiz.de/10012837585
Poverty estimates usually lag behind two years, which makes it difficult to provide real-time poverty analysis to assess the impact of economic crisis and shocks among the less well-off, and subsequently limits policy responses. This paper takes advantage of up-to-date average economic welfare...
Persistent link: https://www.econbiz.de/10012951528
This paper explores perceptions of distributive justice in Latin America during the 2000s and their relationship with income inequality. In line with the fall in income inequality in the region, the paper documents a widespread, although modest, decrease in the share of the population that...
Persistent link: https://www.econbiz.de/10012954327
Two long-established stylized facts in the urban and development economics literatures are that: (a) a country's level of economic development is strongly positively correlated with its level of urbanization; and (b) a country's level of urbanization is strongly negatively correlated with the...
Persistent link: https://www.econbiz.de/10012959138
This paper documents access to services and ownership of infrastructure-related durables in the water, energy, telecom, and transport areas, based on harmonized household survey data covering 1.6 million households in 14 Latin American countries during 1992 to 2012. The paper provides a...
Persistent link: https://www.econbiz.de/10012961226