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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
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
The present paper utilises a short-run theoretical macroeconomic model of a small open economy to look at the impact of macroeconomic policies and financial deepening upon poverty through sectoral changes. This is because an expansion in certain sectors may cause greater poverty reduction. The...
Persistent link: https://www.econbiz.de/10010284542
After the Great Depression and throughout the rest of the twentieth century, Latin American countries basically approached economic development following two successive and quite opposed strategies. The first one was import substitution industrialization. The second was the so-called Washington...
Persistent link: https://www.econbiz.de/10010284853
This paper empirically analyzes the question whether government involvement in the economy is conducive or detrimental … neoclassical economic theory, which predicts that government plays an unambiguously positive role for individuals’ quality of life … regulation, thereby harming voters’ quality of life. Our results show that life satisfaction decreases with higher government …
Persistent link: https://www.econbiz.de/10011753109
magnitude of government banking, and to reveal some of its special features and arrangements. We distinguish between directly … pyramids that dilute public property, take control away from government bodies, and underpin managerial opportunism … government's planned retreat from the banking sector will involve non-core assets mainly, whereas control over core institutions …
Persistent link: https://www.econbiz.de/10010286024
steering of Laender by adopting the strategic management instrument balanced scorecard at the intersection between government … scorecard has to be aligned at specific criteria of the public sector especially in the context of a Laender government. The …
Persistent link: https://www.econbiz.de/10010288181
This essay argues that economic systems should be defined in terms of clusters of complementary institutions. To show how such an approach can be carried out, I use a cluster analysis technique and data on forty different economic institutions in OECD nations to isolate four quite different...
Persistent link: https://www.econbiz.de/10010327345
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