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Economic growth accelerated during the first decade of the 2000s in many poor countries, especially in Africa. This welcome news is widely discussed, even in the popular press. Yet as economies grow, some analysts express concerns that such growth is not having as significant an impact on...
Persistent link: https://www.econbiz.de/10012969526
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...
Persistent link: https://www.econbiz.de/10012973335
This paper offers the first evidence on the prevalence of a central actor in modern growth theory?the engineer. Using newly collected sub-national, and international data as well as historical case studies, it then argues that differences in innovative capacity, captured by the density of...
Persistent link: https://www.econbiz.de/10012973384
Promising economic growth during the 2000s obfuscates the reality that Latin American countries are facing the acute threat of a middle income trap. In this paper I distinguish two approaches to the middle income trap: one focuses mainly on the lack of structural change, the driving forces...
Persistent link: https://www.econbiz.de/10013050021
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10013051452
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present in come differences, and, in...
Persistent link: https://www.econbiz.de/10013052454
This paper develops a comprehensive theory of support for democracy. Building on instrumental and culturalist approaches, the theory argues that experience with democracy conditions the extent to which economic and political performance inform support. Specifically, it argues that the extent to...
Persistent link: https://www.econbiz.de/10013053052
This paper exploits the variation in the timing of electoral law enforcement across nine Latin American countries to consistently examine the contribution of de jure and de facto political institutions to long-run development. The set of novel measures of electoral law enforcement is constructed...
Persistent link: https://www.econbiz.de/10012988220