Direct Foreign Investment and Economic Development in Latin America: Perspectives for the Future

1989 ◽  
Vol 21 (1-2) ◽  
pp. 221-239 ◽  
Author(s):  
Eva Paus
Keyword(s):  
Economic Growth ◽  
Latin American ◽  
Foreign Investment ◽  
Debt Crisis ◽  
Direct Foreign Investment ◽  
Bank Lending ◽  
Economic Growth And Development ◽  
International Bank ◽  
The Future ◽  
Latin American Countries

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

Does Technology Adoption Matter for Economic Development?

2014 ◽  
pp. 1-18
Author(s):  
Ewa Lechman
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Latin American ◽  
Growth And Development ◽  
Quantitative Relationship ◽  
Communication Technologies ◽  
Economic Growth And Development ◽  
Development Indicators ◽  
Information And Communication ◽  
Latin American Countries

The spread of new Information and Communication Technologies (ICTs) has been recognized worldwide. ICTs are broadly perceived as tools facilitating economic growth and development, especially in backward countries. They are easy and cheap to adopt, require minimum skills for effective use, and bring opportunities for disadvantaged societies. They enable education, knowledge dissemination and sharing, and processing and storing of all kinds of information. The existence of causal relationships between technology diffusion and general economy performance is highly probable. This chapter seeks empirical evidence in existing quantitative links between the process of Information and Communication Technologies (ICTs) adoption and dynamics of economic growth and development in Latin American countries. The authors consider ICTs diffusion patterns in Latin American countries, approximating the diffusion process by S-shaped curves. Afterwards, they aim to detect if there is any quantitative relationship between ICTs adoption dynamics and economic growth and development, and they estimate to what extend ICTs contribute to economic growth and development. The authors hypothesize on existing statistically significant and strong links between the two. They use panel data for Latin American economies from the years 1990-2011. All necessary data are derived from World Telecommunication/ICT Indicators Database 2012 (16th edition) and World Development Indicators 2012.

Green Growth in Mexico, Brazil, and Chile

2016 ◽  
pp. 203-237
Author(s):  
Inmaculada Martinez-Zarzoso ◽  
Nicole Grunewald
Keyword(s):  
Latin American ◽  
Empirical Model ◽  
Environmental Indicators ◽  
Policy Recommendations ◽  
Green Growth ◽  
Gas Emissions ◽  
The Future ◽  
Latin American Countries ◽  
Growth Indicators

This research focuses on identifying the main policy strategies that could potentially contribute to the advance of three Latin American economies, namely Brazil, Chile and Mexico towards a green growth model that is social and inclusive, given the actual patterns of development of those economies. With this aim, we first identify and describe past and current policies in each country in terms of economic, social and environmental indicators. A detailed analysis follows for Brazil, Chile and Mexico, in which we propose a series of green growth indicators and choose a definition and classification of green growth sectors. We estimate an empirical model to explain the determinants of greenhouse gas emissions and deforestation in Latin American countries. We broadly identify the sectors that contribute to its increase and describe the main green policies applied in each country. In turn we identify the sectors with higher potential for the future. Finally, we present policy recommendations and reflections for the future.

scholarly journals Causes and Consequences of Idle Youth in Guatemala

2020 ◽  
Vol 13 (1) ◽  
pp. 61
Author(s):  
Luis Rene Cáceres
Keyword(s):  
Economic Growth ◽  
Latin American ◽  
Youth Unemployment ◽  
Regression Equations ◽  
Policy Makers ◽  
Development Indicators ◽  
Youth Population ◽  
Negative Impacts ◽  
Population Ratio ◽  
Latin American Countries

This paper analyzes the causes and consequences of the percentage of the youth population that is not working, in school or in traning, Neets, in Guatemala. The study rests on the estimation of regression equations that explain the percentage of Neet population in terms of variables associated with the labor market; other set of equations were estimated to assess the role that Neets have in the Guatemalan economy. The data employed was taken from the World Bank’s World Development Indicators. The results indicate that the percentage of female and male Neets decrease as the credit to the private sector increase; said percentage increases with the increase of the deficit in the trade balance and with the increase in youth unemployment. Another result is that the Neet population exert negative impacts on the employment to population ratio and on the rate of economic growth. These results are augmented by the analisis of the relationships existing between the percentages of Neets and economic growth, the number of homicides and the number of persons that are incarcerated using a cross section of 2010 data from 13 Latin American countries. The results presented in the paper should motivate policy makers in Guatemala and other countries to design and implement policies geared towards preventing that youth become Neets.

scholarly journals Automation in Latin America: Are Women at Higher Risk of Losing Their Jobs?

2020 ◽  
Author(s):  
Monserrat Bustelo ◽  
Pablo Egana-delSol ◽  
Laura Ripani ◽  
Nicolas Soler ◽  
Mariana Viollaz
Keyword(s):  
Latin American ◽  
Information And Communications Technology ◽  
Gender Inequalities ◽  
Average Risk ◽  
Economic Output ◽  
Policy Making Process ◽  
The Future ◽  
And Mathematics ◽  
Latin American Countries ◽  
And Robotics

New technological trends, such as digitization, artificial intelligence and robotics, have the power to drastically increase economic output but may also displace workers. In this paper we assess the risk of automation for female and male workers in four Latin American countries Bolivia, Chile, Colombia and El Salvador. Our study is the first to apply a task-based approach with a gender perspective in this region. Our main findings indicate that men are more likely than women to perform tasks linked to the skills of the future, such as STEM (science, technology, engineering and mathematics), information and communications technology, management and communication, and creative problem-solving tasks. Women thus have a higher average risk of automation, and 21% of women vs. 19% of men are at high risk (probability of automation greater than 70%). The differential impacts of the new technological trends for women and men must be assessed in order to guide the policy-making process to prepare workers for the future. Action should be taken to prevent digital transformation from worsening existing gender inequalities in the labor market.

scholarly journals Financing Higher Education in Latin America

2014 ◽  
pp. 22-24
Author(s):  
Ana Garcia De Fanelli
Keyword(s):  
Higher Education ◽  
Latin American ◽  
Debt Crisis ◽  
Tertiary Education ◽  
Public Funds ◽  
Public And Private ◽  
Funding Mechanisms ◽  
Financing Higher Education ◽  
First Time ◽  
Latin American Countries

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.

scholarly journals UKURAN PASAR UKURAN PASAR (Market Size) DAN INVESTASI ASING LANGSUNG DI ASEAN

2016 ◽  
Vol 1 (1) ◽  
pp. 26
Author(s):  
Adi Lumadya
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Foreign Investment ◽  
Capita Income ◽  
Random Effect ◽  
Direct Foreign Investment ◽  
Market Size ◽  
Per Capita Income ◽  
Variable Size ◽  
Per Capita

The main objective of this study was to examine the influence of some economic variables that include market size proxied with income per capita, economic growth, and exports to the Foreign Direct Investment in the member countries of ASEAN-9. The analytical tool used is the Least Squares Regression (Ordinary Least Square) and Panel Data. In the Data Panel will look for similarities in effect is Fixed (Fixed Effect) and the effect is Random (Random Effect). The results of the analysis are: Based on the analysis of OLS concluded that the variable size of the market (market size) were proxied with Per Capita Income (GDPP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Based on the analysis of Panel Data with Fixed Effect Method concluded that the variable size of the market (market size) were represented with per capita income (GDP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Based on the analysis of Panel Data with Random Effect method concluded that the variable size of the market (market size) were proxied with per capita income (GDP), Economic Growth (EG), and exports (EG) significantly affects the Direct Foreign Investment. Keywords: Foreign Direct Investment, Fixed Effect, Random Effect

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