Coverart for item
The Resource Growth, employment, and equity : the impact of the economic reforms in Latin America and the Caribbean, Barbara Stallings, Wilson Peres

Growth, employment, and equity : the impact of the economic reforms in Latin America and the Caribbean, Barbara Stallings, Wilson Peres

Label
Growth, employment, and equity : the impact of the economic reforms in Latin America and the Caribbean
Title
Growth, employment, and equity
Title remainder
the impact of the economic reforms in Latin America and the Caribbean
Statement of responsibility
Barbara Stallings, Wilson Peres
Creator
Contributor
Subject
Language
eng
Summary
"Analyzing the impact of the reforms in nine countries, Barbara Stallings and Wilson Peres provide econometric evidence that suggests that economic reforms in Latin America have had a surprisingly small impact if one looks only at the aggregate regional averages: a small positive impact on growth and investment together with a small negative impact on employment and income distribution. Only by moving to the country, sectoral, and microeconomic levels did they find evidence of the reforms' strong effects. The reforms fostered investment and modernization, but at the same time they led to significant differences in performance: high- and low-growth countries, dynamic and lagging sectors, a gap between large and small firms, and a growing differential between the incomes of the well educated and the rest of the population. The result has been specialization and polarization, which implies both opportunities and challenges."--BOOK JACKET
Cataloging source
DLC
http://library.link/vocab/creatorName
Stallings, Barbara
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Peres, Wilson
http://library.link/vocab/subjectName
  • Latin America
  • Caribbean Area
  • Latin America
  • Caribbean Area
  • Free enterprise
  • Free enterprise
Label
Growth, employment, and equity : the impact of the economic reforms in Latin America and the Caribbean, Barbara Stallings, Wilson Peres
Instantiates
Publication
Bibliography note
Includes bibliographical references (p. 225-231) and index
Contents
  • Foreword
  • Preface
  • 1.
  • New Approach to Analyzing Reforms: Macro-Micro Linkages.
  • p. 1
  • Literature on the Reforms.
  • p. 2
  • New Conceptual Framework.
  • p. 7
  • Six Propositions.
  • p. 11
  • Methodological Considerations.
  • p. 13
  • 2.
  • International Context: Trade and Capital Flows.
  • p. 17
  • Latin American Trade Relations.
  • p. 19
  • Capital Flows to Latin America.
  • p. 25
  • 3.
  • Structural Reforms and Public Policies.
  • p. 35
  • First Generation Structural Reforms.
  • p. 36
  • Macroeconomic Policies and Outcomes.
  • p. 51
  • Links between Reforms and Macroeconomic Policy.
  • p. 62
  • Social Policy and Social Expenditure.
  • p. 64
  • 4.
  • Investment, Productivity, and Growth: Recovery and Modest Advances.
  • p. 72
  • Long-term Trends in Investment and Productivity.
  • p. 75
  • Post-Reform Phases of Investment and Technological Change.
  • p. 80
  • Impact of the Reforms on Investment.
  • p. 86
  • Reforms and Growth.
  • p. 88
  • Accounting for Differences in Growth.
  • p. 92
  • Impact of the Reforms on Growth.
  • p. 99
  • Growth and the External Sector.
  • p. 102
  • 5.
  • Employment and Equity: Continuing Challenges.
  • p. 110
  • Supply Side: Demography and Education.
  • p. 113
  • Impact of the Reforms on Employment.
  • p. 116
  • Wages and the Wage Differential.
  • p. 126
  • Trends in Primary Income Distribution.
  • p. 129
  • Impact of the Reforms on Household Income Distribution.
  • p. 137
  • Impact of Social Expenditure on Equity.
  • p. 142
  • 6.
  • Heterogeneity in Responses of Sectors and Firms.
  • p. 153
  • Sectoral Dynamics of the Economy as a Whole.
  • p. 155
  • Specialization and Heterogeneity in Manufacturing.
  • p. 166
  • Specialization and Polarization in Agriculture.
  • p. 178
  • Natural Advantages and Access to Foreign Investment in Mining.
  • p. 182
  • Technological Revolution and Privatization in Electricity and Telecommunications.
  • p. 186
  • Increasing Heterogeneity in Sectoral Employment.
  • p. 191
  • 7.
  • Policy Agenda for the Next Decade.
  • p. 202
  • Reforms and Their Impact.
  • p. 202
  • Recommendations to Improve the Outlook for the Region.
  • p. 210
  • References.
  • p. 225
  • Additional Project Publications.
  • p. 233
  • Index.
  • p. 239
Control code
ocm43615245
Dimensions
23 cm.
Extent
xiv, 252 p.
Isbn
9780815780878
Lccn
00008633
Label
Growth, employment, and equity : the impact of the economic reforms in Latin America and the Caribbean, Barbara Stallings, Wilson Peres
Publication
Bibliography note
Includes bibliographical references (p. 225-231) and index
Contents
  • Foreword
  • Preface
  • 1.
  • New Approach to Analyzing Reforms: Macro-Micro Linkages.
  • p. 1
  • Literature on the Reforms.
  • p. 2
  • New Conceptual Framework.
  • p. 7
  • Six Propositions.
  • p. 11
  • Methodological Considerations.
  • p. 13
  • 2.
  • International Context: Trade and Capital Flows.
  • p. 17
  • Latin American Trade Relations.
  • p. 19
  • Capital Flows to Latin America.
  • p. 25
  • 3.
  • Structural Reforms and Public Policies.
  • p. 35
  • First Generation Structural Reforms.
  • p. 36
  • Macroeconomic Policies and Outcomes.
  • p. 51
  • Links between Reforms and Macroeconomic Policy.
  • p. 62
  • Social Policy and Social Expenditure.
  • p. 64
  • 4.
  • Investment, Productivity, and Growth: Recovery and Modest Advances.
  • p. 72
  • Long-term Trends in Investment and Productivity.
  • p. 75
  • Post-Reform Phases of Investment and Technological Change.
  • p. 80
  • Impact of the Reforms on Investment.
  • p. 86
  • Reforms and Growth.
  • p. 88
  • Accounting for Differences in Growth.
  • p. 92
  • Impact of the Reforms on Growth.
  • p. 99
  • Growth and the External Sector.
  • p. 102
  • 5.
  • Employment and Equity: Continuing Challenges.
  • p. 110
  • Supply Side: Demography and Education.
  • p. 113
  • Impact of the Reforms on Employment.
  • p. 116
  • Wages and the Wage Differential.
  • p. 126
  • Trends in Primary Income Distribution.
  • p. 129
  • Impact of the Reforms on Household Income Distribution.
  • p. 137
  • Impact of Social Expenditure on Equity.
  • p. 142
  • 6.
  • Heterogeneity in Responses of Sectors and Firms.
  • p. 153
  • Sectoral Dynamics of the Economy as a Whole.
  • p. 155
  • Specialization and Heterogeneity in Manufacturing.
  • p. 166
  • Specialization and Polarization in Agriculture.
  • p. 178
  • Natural Advantages and Access to Foreign Investment in Mining.
  • p. 182
  • Technological Revolution and Privatization in Electricity and Telecommunications.
  • p. 186
  • Increasing Heterogeneity in Sectoral Employment.
  • p. 191
  • 7.
  • Policy Agenda for the Next Decade.
  • p. 202
  • Reforms and Their Impact.
  • p. 202
  • Recommendations to Improve the Outlook for the Region.
  • p. 210
  • References.
  • p. 225
  • Additional Project Publications.
  • p. 233
  • Index.
  • p. 239
Control code
ocm43615245
Dimensions
23 cm.
Extent
xiv, 252 p.
Isbn
9780815780878
Lccn
00008633

Library Locations

    • Sydney Jones LibraryBorrow it
      Chatham Street, Liverpool, L7 7BD, GB
      53.403069 -2.963723
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