|
on Central and South America |
|
Issue of 2012‒09‒22
twelve papers chosen by |
| By: | Berdegué, J.; Carriazo, F.; Jara, B.; Modrego, F. y Soloaga, I. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | Ciudades, territorios, crecimiento inclusivo, Chile, Colombia, México |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:118&r=lam |
| By: | Mårtensson, K. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | rural territories, gender dynamics, labor market, O'Higgins, Chile |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:106&r=lam |
| By: | Jinjarak, Y; Noy, I; Zheng, H |
| Abstract: | Controls on capital inflows have been experiencing a period akin to a renaissance since the beginning of the global financial crisis in 2008, with several prominent countries choosing to impose controls; e.g., Thailand, Korea, Peru, Indonesia, and Brazil. We focus on the case of Brazil, a country that instituted five changes in its capital account regime in 2008-2011, and ask what the impacts of these policy changes were. Using the Abadie et al. (2010) synthetic control methodology, we construct counterfactuals (i.e., Brazil with no capital account policy change) for each policy change event. We find no evidence that any tightening of controls was effective in reducing the magnitudes of capital inflows, but we observe some modest and short-lived success in preventing further declines in inflows when the capital controls are relaxed as was done in the immediate aftermath of the Lehman bankruptcy in 2008 and in January 2011 by the newly inaugurated government of Dilma Rousseff. We hypothesize that price-based capital controls’ only perceptible effect are to be found in the content of the signal they broadcast regarding the government’s larger intentions and sensibilities. Brazil’s left-of-center government was widely perceived as ambivalent to markets. An imposition of controls was not perceived as ‘news’ and thus had no impact. A willingness to remove controls was perceived, however, as a noteworthy indication that the government was not as hostile to the international financial markets as many expected it to be. |
| Keywords: | Capital controls, Brazil, Economic policy, |
| Date: | 2012–08–22 |
| URL: | http://d.repec.org/n?u=RePEc:vuw:vuwecf:2391&r=lam |
| By: | Fortun Vargas, Jonathan M. |
| Abstract: | Latin America has often been depicted as one of the most unequal regions in the world. However, after the rising of inequality, the figure decline dramatically starting from the year 2000. In this setting, Bolivia has been one of the poorest performers on income distribution efforts, lately, this situation has been improving. The author investigates the dynamics of this change through an analysis of household level surveys for 4 different years (2003/04, 2005, 2008 and 2009). The research applies a method of inequality decomposition– as developed by (Fields, 2003)-, this technique consists on regressing the expenditure of households against a vector of explanatory variables. The results suggest that education (more than other variables) has contributed on the reduction of inequality in Bolivia. Moreover, the sources of inequality are mainly attributed to the differences on human capital accumulation more than any other variables, such as the gender of the household head or the ethnical origin of the household. The results are in line with similar work made by other authors on the same issue (Gray-Molina, et al., 2001; Gray Molina &Yañez, 2009) |
| Keywords: | Economic Development; Inequality; Income Distribution; Bolivia |
| JEL: | D63 O10 I32 |
| Date: | 2012–07 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:41208&r=lam |
| By: | Cull, Robert; Peria, Maria Soledad Martinez |
| Abstract: | This paper examines the impact of bank ownership on credit growth in developing countries before and during the 2008-2009 crisis. Using bank-level data for countries in Eastern Europe and Latin America, it analyzes the growth of banks'total gross loans as well as the growth of corporate, consumer, and residential mortgage loans. Although domestic private banks in Eastern Europe and Latin America contracted their loan growth rates during the crisis, there are differences in foreign and government-owned bank credit growth across regions. In Eastern Europe, foreign bank total lending fell by more than domestic private bank credit. These results are primarily driven by reductions in corporate loans. Furthermore, government-owned banks in Eastern Europe did not act counter-cyclically. The opposite was true in Latin America, where the growth of government-owned banks'corporate and consumer loans during the crisis exceeded that of domestic and foreign banks. Contrary to the case of foreign banks in Eastern Europe, those in Latin America did not fuel loan growth prior to the crisis and did not contract lending at a faster pace than domestic banks during the crisis. |
| Keywords: | Banks&Banking Reform,Access to Finance,Debt Markets,Public Sector Corruption&Anticorruption Measures,Bankruptcy and Resolution of Financial Distress |
| Date: | 2012–09–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:6195&r=lam |
| By: | Jara, B.; Modrego, F. y Berdegué, J. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | ciudades, territorios, crecimiento inclusivo, Chile |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:103&r=lam |
| By: | Moya, A. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | violence, risk aversion, displaced population, Colombia |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:105&r=lam |
| By: | Fernández, I., Miranda, D. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | coaliciones, dinámicas territoriales, coalición salmonera, Chiloé Central, Chile |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:108&r=lam |
| By: | Silvana Godoy Mateus |
| Abstract: | Este documento busca estudiar la financiación de la educación básica y media como una de las principales aplicaciones de la economía de la educación, poco documentadas en Colombia. Por lo que se hace una revisión contextual normativa de la planificación y financiación de la educación en Colombia, con un análisis de las tendencias de la financiación pública en educación, estudiando el impacto de la descentralización territorial, sus implicaciones en eficiencia y equidad, e indagando sobre la financiación de la educación obligatoria. |
| Date: | 2012–08–31 |
| URL: | http://d.repec.org/n?u=RePEc:col:000187:009964&r=lam |
| By: | Peláez, A.V., Ríos Monzón, E. y Lemus, M.A. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | Desigualdad, gobernanza, recursos naturales |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:115&r=lam |
| By: | Gómez, L. y Buitrago, R. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | gobernanza territorial, recursos naturales, Nicaragua |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:114&r=lam |
| By: | Cavero, D. (Rimisp) |
| Abstract: | This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the non-for-profit partial or full reproduction and dissemination of this document, subject to the source being properly acknowledged. |
| Keywords: | Water resources institutions, smallholder farmers, Cuatro Lagunas, Peru |
| JEL: | D44 D82 L86 C72 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:rms:wpaper:116&r=lam |