The East European debt crisis in the Latin American mirror

1986 ◽  
Vol 40 (2) ◽  
pp. 567-575 ◽  
Author(s):  
Albert Fishlow

In these brief remarks addressed to the Latin American response to changing international conditions in the 1970s and 1980s, I shall focus on three issues: the relationship between the choice of debt as a policy instrument and state “structure,” at least as loosely denned; the special problems posed by the debt option that most Latin American countries pursue; and the characteristics of enforced domestic adjustment to the absence of capital inflows beginning in 1982.

2019 ◽  
Vol 22 (3) ◽  
pp. 247-257
Author(s):  
Hyevin Koo ◽  
Jinhwan Oh

This study analyzes the relationship between four types of economic crises and four poverty indices in an effort to determine which type of crisis most affects the poor, and find possible solutions. This study is particularly concerned with Latin American countries in which International Monetary Fund bailout programs have failed due to repeated crises, longer lasting inflation, and most of all poverty. The results indicate an apparent worsening trend in poverty measures due to the crises. Among several types of crises, debt crisis and currency crisis play larger roles than others, particularly with the headcount poverty ratio US$3.10.


1989 ◽  
Vol 21 (1-2) ◽  
pp. 221-239 ◽  
Author(s):  
Eva Paus

Since 1982, most Latin American countries have witnessed slow economic growth and a persistent net transfer of funds to the rest of the world as a result of sharply reduced inflows of private international bank lending and large debt payment obligations. Against this background direct foreign investment (DFI) has received increasing attention as one important element in overcoming the present stagnation-cum-debt crisis as well as in contributing to renewed economic growth. This article explores the possible contributions of DFI to the future economic growth and development of the region.1


2019 ◽  
Vol 13 (4) ◽  
pp. 51-61
Author(s):  
O. S. Kochetovskaya

The main objective of the study was the identification of the key channel of impact of positive and negative external shocks on the Russian banking system for the period from 2000 to 2017. In conducting the study the author used systematic and statistical methods of analysis. Throughout the named period, the banking sector of Russia was always under the influence of one or another external shock: rising and falling oil prices; favorable conditions for obtaining financing on the global capital market; the global financial and economic crisis; the European debt crisis; the tapering of the quantitative easing policy in the USA; sanctions imposed on Russia by the Western countries. In the pre-crisis period, capital inflows became the main channel for the transmission of external shock. In the course of the European debt crisis, problems with attracting external financing became a key channel for the transfer of external shock. During the global crisis and the crisis of 2014–2016 the channels of transmission of external shocks to the banking sector of Russia, despite various causes, were in many ways similar. So, the main channels were the outflow of capital, the restriction of external financing, the collapse of the ruble exchange rate, and the state of confidence in the banking sector.


2018 ◽  
Vol 40 (5) ◽  
pp. 921-942 ◽  
Author(s):  
Miguel A. Baeza ◽  
Jorge A. Gonzalez ◽  
Yong Wang

Purpose The purpose of this paper is to study how job flexibility influences job satisfaction among Mexican professionals, and focus on the role of key socio-cultural moderators relevant to Mexican society. Design/methodology/approach The paper explore how this relationship may be more important for women, employees with dependents such as children and elder parents and younger generations of professionals (e.g. Millennials). Findings The authors find that job flexibility is positively related to job satisfaction. This relationship is stronger for employees without dependents, as well as for younger generations of professionals (e.g. Millennials). Surprisingly, the relationship between job flexibility and job satisfaction does not differ by gender. The findings explain why job flexibility is more conductive to job satisfaction for employees without dependents, who tend to belong to younger generations. Originality/value Overall, the findings present important implications for managing job flexibility in Mexico and other Latin American countries, particularly for younger professionals.


Author(s):  
Ariel R. Soto Caro

This chapter presents an empirical discussion about the relationship of agricultural industry and innovation in emerging economies. Then, a general revision of the innovation, agronomy and public policies associated will be reviewed. This chapter is immersed in the Chilean case. The author justifies that Chile can be a representative case because it is a country that wishes to become a world power in agro-food, but has very low investment in innovation. Besides, it has very low participation of agricultural innovative firms in the market. After the background is presented, innovation and development will be reviewed; subsequently, innovation in developing countries will be discussed, concluding with agro-innovation in Latin-American countries, especially in Chile.


2013 ◽  
Vol 94 (1) ◽  
pp. 9-21 ◽  
Author(s):  
M.J. Zumárraga ◽  
C. Arriaga ◽  
S. Barandiaran ◽  
L. Cobos-Marín ◽  
J. de Waard ◽  
...  

Author(s):  
Luis F. Lopez-Calva ◽  
Jamele Rigolini ◽  
Florencia Torche

AbstractMiddle class values have long been perceived as drivers of social cohesion and growth. In this paper we investigate the relationship between class (measured by the position in the income distribution), values, and political orientations using comparable values surveys for six Latin American countries. We find that both a continuous measure of income and categorical measures of income-based class are robustly associated with values. Both income and class tend to display a similar association to values and political orientations as education, although differences persist in some important dimensions. Overall, we do not find strong evidence of any “middle class particularism”: values appear to gradually shift with income, and middle class values lay between the ones of poorer and richer classes. If any, the only peculiarity of middle class values is moderation. We also find changes in values across countries to be of much larger magnitude than the ones dictated by income, education, and individual characteristics, suggesting that individual values vary primarily within bounds dictated by each society.


2014 ◽  
Vol 7 (3) ◽  
pp. 1-9
Author(s):  
Raúl Navarro

The main aim of this review was to examine international research on children’s preferences regarding gender-typed objects and colours. Firstly, we provide the theoretical background on gender development to elucidate the ways in which individuals can learn gender stereotypes and develop gender-related preferences. Secondly, we review international research on gender-related preferences. Thirdly, we analyse empirical studies on gender stereotypes in children conducted in Spain and Latin American countries, and show that although gender is a priority research area in these countries, studies on gender development in childhood are lacking. Thus, our aim was to identify a set of issues that provide insights into the development of gender-typed preferences, and that also suggest new directions for researchers in Spanish-speaking countries who are interested in clarifying the relationship between gender and children’s preferences for objects and colours.


2014 ◽  
pp. 22-24
Author(s):  
Ana Garcia De Fanelli

Latin American countries have been enjoying a strong growth during the 2000s for the first time since the debt crisis of the 1980s.  This article focuses on some of the changes that took place during these boom years with regard to public and private funds earmarked for tertiary education, some consequences of this funding pattern in terms of equity, and the main innovations in funding mechanisms put in place to allocate public funds.


Sign in / Sign up

Export Citation Format

Share Document