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Economic Development in Central America: Structural reform

Author: Felipe Larraín B.

Publisher: Harvard Kennedy School

Published: 2001

Total Pages: 428

ISBN-13:

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For decades, Central America has faced market dependency, natural disasters, and political systems characterized by protectionist policies and low participation--situations that have had a tremendous impact on its economic development. This two-volume set is a comprehensive assessment of Central America's position in the world economy, and it serves as a handbook for the important economic reforms Central America must undertake to become a viable competitor in the international economy.

Book Synopsis Economic Development in Central America: Structural reform by : Felipe Larraín B.

Download or read book Economic Development in Central America: Structural reform written by Felipe Larraín B. and published by Harvard Kennedy School. This book was released on 2001 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, Central America has faced market dependency, natural disasters, and political systems characterized by protectionist policies and low participation--situations that have had a tremendous impact on its economic development. This two-volume set is a comprehensive assessment of Central America's position in the world economy, and it serves as a handbook for the important economic reforms Central America must undertake to become a viable competitor in the international economy.

The Role of Structural Reforms in Raising Economic Growth in Central America

Author: Mr.Andrew Swiston

Publisher: International Monetary Fund

Published: 2011-10-01

Total Pages: 22

ISBN-13: 1463923279

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Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done to spur higher growth in Central America? We bring new data to bear on this question-version 7.0 of the Penn World Table and a new IMF database on structural reforms. Our cross-country panel regression of economic growth using System GMM captures the importance to growth of conditional convergence, factor accumulation, and macro policies. In addition, structural efficiency is a significant factor in explaining growth performance. We construct a broad index of efficiency and find that increasing the degree of structural efficiency by one standard deviation raises growth by 1⁄2 percent. This implies that Central American countries could significantly increase their long-run growth rates by increasing the flexibility of markets and improving the quality of regulation.

Book Synopsis The Role of Structural Reforms in Raising Economic Growth in Central America by : Mr.Andrew Swiston

Download or read book The Role of Structural Reforms in Raising Economic Growth in Central America written by Mr.Andrew Swiston and published by International Monetary Fund. This book was released on 2011-10-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been slow. Moreover, forecasts imply that these trends will continue. What can be done to spur higher growth in Central America? We bring new data to bear on this question-version 7.0 of the Penn World Table and a new IMF database on structural reforms. Our cross-country panel regression of economic growth using System GMM captures the importance to growth of conditional convergence, factor accumulation, and macro policies. In addition, structural efficiency is a significant factor in explaining growth performance. We construct a broad index of efficiency and find that increasing the degree of structural efficiency by one standard deviation raises growth by 1⁄2 percent. This implies that Central American countries could significantly increase their long-run growth rates by increasing the flexibility of markets and improving the quality of regulation.

Structural Reforms, Technological Gaps and Economic Development

Author: Mario Cimoli

Publisher: Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean, Division of Production, Productivity and Management

Published: 2002

Total Pages: 56

ISBN-13:

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This publication develops a simple appreciative model, which explores some of the issues faced by structural reforms, technological gaps and economic development in Latin America. The first section introduces the issues and provides an overview of the publication. Section two introduces a brief view as to how the evolutionary approach should be adapted to analyze the impact of recent structural reforms upon the specialization pattern and technological capabilities accumulated in so called developing economies. Section three provides a simple macro-to-micro model of the stabilization cum structural reform process. Sections four and five are devoted to investigating recent changes in the pattern of production specialization of the Latin American economies and the relationship such changes have with the exit and entry of firms.

Book Synopsis Structural Reforms, Technological Gaps and Economic Development by : Mario Cimoli

Download or read book Structural Reforms, Technological Gaps and Economic Development written by Mario Cimoli and published by Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean, Division of Production, Productivity and Management. This book was released on 2002 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication develops a simple appreciative model, which explores some of the issues faced by structural reforms, technological gaps and economic development in Latin America. The first section introduces the issues and provides an overview of the publication. Section two introduces a brief view as to how the evolutionary approach should be adapted to analyze the impact of recent structural reforms upon the specialization pattern and technological capabilities accumulated in so called developing economies. Section three provides a simple macro-to-micro model of the stabilization cum structural reform process. Sections four and five are devoted to investigating recent changes in the pattern of production specialization of the Latin American economies and the relationship such changes have with the exit and entry of firms.

Politics and Planners

Author: Gary W. Wynia

Publisher: [Madison] : University of Wisconsin Press

Published: 1972

Total Pages: 248

ISBN-13:

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Comparison of the obstacles to development policy implementation in Central America - discusses the instruments of economic planning, the conflict between planners and politicians, the failure to achieve public investment objectives and the impact of political systems and public administrations on the management of development projects, and covers fiscal policy, development aid, economic integration, regional cooperation, resource allocation, etc. References.

Book Synopsis Politics and Planners by : Gary W. Wynia

Download or read book Politics and Planners written by Gary W. Wynia and published by [Madison] : University of Wisconsin Press. This book was released on 1972 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparison of the obstacles to development policy implementation in Central America - discusses the instruments of economic planning, the conflict between planners and politicians, the failure to achieve public investment objectives and the impact of political systems and public administrations on the management of development projects, and covers fiscal policy, development aid, economic integration, regional cooperation, resource allocation, etc. References.

Central America

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2006-05-09

Total Pages: 141

ISBN-13: 1589064925

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Intraregional financial activity in Central America has grown substantially in the past decade, contributing to efficiency and economic development. At the same time, the expansion of activities by regional conglomerates has increased the challenges to supervisory authorities of containing the risks of contagion. Prepared as part of the Central America Financial Sector Regional Project by an IMF and World Bank staff team, this book outlines trends in the region's financial sector integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama--in financial sector reform. The book offers key policy recommendations.

Book Synopsis Central America by : International Monetary Fund

Download or read book Central America written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-05-09 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intraregional financial activity in Central America has grown substantially in the past decade, contributing to efficiency and economic development. At the same time, the expansion of activities by regional conglomerates has increased the challenges to supervisory authorities of containing the risks of contagion. Prepared as part of the Central America Financial Sector Regional Project by an IMF and World Bank staff team, this book outlines trends in the region's financial sector integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama--in financial sector reform. The book offers key policy recommendations.

Structural Adjustment Programs and Economic Stabilization in Central America

Author: Eugenio Díaz-Bonilla

Publisher: World Bank Publications

Published: 1990

Total Pages: 46

ISBN-13:

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Book Synopsis Structural Adjustment Programs and Economic Stabilization in Central America by : Eugenio Díaz-Bonilla

Download or read book Structural Adjustment Programs and Economic Stabilization in Central America written by Eugenio Díaz-Bonilla and published by World Bank Publications. This book was released on 1990 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Structural Reforms, Productivity and Technological Change in Latin America

Author: Jorge M. Katz

Publisher: United Nations Publications

Published: 2001

Total Pages: 164

ISBN-13:

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In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

Book Synopsis Structural Reforms, Productivity and Technological Change in Latin America by : Jorge M. Katz

Download or read book Structural Reforms, Productivity and Technological Change in Latin America written by Jorge M. Katz and published by United Nations Publications. This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

Democracy, Markets, and Structural Reform in Latin America

Author: William C. Smith

Publisher:

Published: 1994

Total Pages: 364

ISBN-13:

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Analyses processes of democratization and economic reform in five Latin American countries from the early 1980s to 1993.

Book Synopsis Democracy, Markets, and Structural Reform in Latin America by : William C. Smith

Download or read book Democracy, Markets, and Structural Reform in Latin America written by William C. Smith and published by . This book was released on 1994 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses processes of democratization and economic reform in five Latin American countries from the early 1980s to 1993.

Structural Change and Growth in Central America and the Dominican Republic

Author: Hugo E. Beteta

Publisher:

Published: 2014

Total Pages: 384

ISBN-13:

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Foreword -- The current global economic context: will the international financial crisis be surmounted or revisited? -- Economic growth and stabilization in Central America and the Dominican Republicin 1990-2011 -- Labour markets, inequality and poverty -- Central America and the Dominican Republic: role in the world economy and structural change -- The balance of payments and economic growth in Central America and the Dominican Republic -- Macroeconomic policy: main instruments and objectives -- Reflections on a macroeconomic policy for development -- Bibliography -- Annex

Book Synopsis Structural Change and Growth in Central America and the Dominican Republic by : Hugo E. Beteta

Download or read book Structural Change and Growth in Central America and the Dominican Republic written by Hugo E. Beteta and published by . This book was released on 2014 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword -- The current global economic context: will the international financial crisis be surmounted or revisited? -- Economic growth and stabilization in Central America and the Dominican Republicin 1990-2011 -- Labour markets, inequality and poverty -- Central America and the Dominican Republic: role in the world economy and structural change -- The balance of payments and economic growth in Central America and the Dominican Republic -- Macroeconomic policy: main instruments and objectives -- Reflections on a macroeconomic policy for development -- Bibliography -- Annex

Challenges and Change in Middle America

Author: Katie Willis

Publisher: Routledge

Published: 2014-09-25

Total Pages: 335

ISBN-13: 1317876881

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A comprehensive introduction to the important economic, social and political processes and development issues in this extremely popular region. The Central American nations and those of the Caribbean (including Guyana, Surinam and French Guiana on the mainland) share many historical processes as well as experiencing similar development problems today. These include European colonialism, structural adjustment, small size, reliance on primary production, influence of the United States and moves towards democratisation. While Mexico is obviously a much larger country in area, economy and population terms, it is included in this volume because of its close ties to the other countries in the region through processes such as trade and migration.

Book Synopsis Challenges and Change in Middle America by : Katie Willis

Download or read book Challenges and Change in Middle America written by Katie Willis and published by Routledge. This book was released on 2014-09-25 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to the important economic, social and political processes and development issues in this extremely popular region. The Central American nations and those of the Caribbean (including Guyana, Surinam and French Guiana on the mainland) share many historical processes as well as experiencing similar development problems today. These include European colonialism, structural adjustment, small size, reliance on primary production, influence of the United States and moves towards democratisation. While Mexico is obviously a much larger country in area, economy and population terms, it is included in this volume because of its close ties to the other countries in the region through processes such as trade and migration.