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4 results on '"DEVELOPMENT economics"'

1. ON THE EVOLUTION OF TOTAL FACTOR PRODUCTIVITY IN LATIN AMERICA.

Author

FERREIRA, PEDRO CAVALCANTI, PESSÔA, SAMUEL DE ABREU, and VELOSO, FERNANDO A.

Subjects
*INDUSTRIAL productivity, *CAPITAL stock, *NATURAL resources, *HUMAN capital, *DEVELOPMENT economics, *LABOR supply, *LABOR economics, *ECONOMIC policy, UNITED States economy, 1945-
Abstract

Because of several policy distortions, including import-substitution industrialization, widespread government intervention, and both domestic and international competitive barriers, there has been a general presumption that Latin America has been much less productive than the leading economies in the last decades. In this paper we show, however, that until the late 1970s Latin American countries had high productivity levels relative to the United States. It is only after the late 1970s that we observe a fast decrease of relative total factor productivity (TFP) in Latin America. We also show that the inclusion of human capital in the production function makes a crucial difference in the TFP calculations for Latin America. [ABSTRACT FROM AUTHOR]

Published
2013
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2. Latin America makes its choice.

Subjects
LATIN America-United States relations, DEVELOPMENT economics, ECONOMIC development, INTERNATIONAL economic relations
Abstract

This article reports on the declaration issued by the Latin American republics to launch a peaceful social and economic revolution at a gathering at Punta del Este in Uruguay. It explains that the declaration is the charter for the Alliance for Progress, which is U.S. President John F. Kennedy's proposal for Latin America's economic development. The Alliance for Progress will receive 20 billion dollars over ten years from the U.S.

Published
1961

3. Post-Washington Consensus or the Chimera of Inclusive Policymaking?

Author

Shirley, Sheryl

Subjects
*ECONOMIC policy, *ECONOMIC development, *INTERNATIONAL economic assistance, *DEVELOPMENT economics, *ECONOMIC indicators
Abstract

Post-Washington Consensus or the Chimera of Inclusive Policymaking?Advocates of a post-Washington Consensus call for a new and improved development paradigm in which economic development policy is no longer divorced from governance and is more inclined to promote sustainable development. These scholars and development practitioners criticized the development policies of the 1980s for their failure to alleviate poverty in Latin America and recommended that recipients of Multilateral Development Bank (MDB) loans adopt a more transparent and inclusive policy making process, one which is less secretive and includes more opportunities for consultation with local interest groups and cooperation with the private sector. These policy prescriptions appear to promote more equitable development and have led MDBs to introduce new regulations and covenants. In practice, however, the new development paradigm may have become the justification for MDB financing of neoliberal megaprojects. A comparative case study of the Inter-American Development Bank?s recent financing of open-pit gold mining in Sipakapa, Guatemala and that of a 1980s era megadam in Rio Negro, Guatemala may help to determine whether the new development paradigm is more apt to promote inclusive policymaking and sustainable development. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]

Published
2007

4. Latin America is growth market for US refiners.

Author

Fletcher, Sam

Subjects
PETROLEUM refineries, ECONOMIC development, DEVELOPMENT economics
Abstract

The article focuses on the expansion of refineries in Latin America and its dependence on fuels imported from the U.S. It discusses the three percent growth of demand in 2011 and 2012. It examines the effect of the prices of raw materials on economic development in the region. It explores the consistent growth of demand for gasoline since 2009.

Published
2011

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