Market-Oriented Reforms, Domestic Technological Capabilities and Economic Development in Latin America

Author(s):  
Jorge Katz
2021 ◽  
Vol 10 (5) ◽  
pp. 172
Author(s):  
Spencer P. Chainey ◽  
Gonzalo Croci ◽  
Laura Juliana Rodriguez Forero

Most research that has examined the international variation in homicide levels has focused on structural variables, with the suggestion that socio-economic development operates as a cure for violence. In Latin America, development has occurred, but high homicide levels remain, suggesting the involvement of other influencing factors. We posit that government effectiveness and corruption control may contribute to explaining the variation in homicide levels, and in particular in the Latin America region. Our results show that social and economic structural variables are useful but are not conclusive in explaining the variation in homicide levels and that the relationship between homicide, government effectiveness, and corruption control was significant and highly pronounced for countries in the Latin American region. The findings highlight the importance of supporting institutions in improving their effectiveness in Latin America so that reductions in homicide (and improvements in citizen security in general) can be achieved.


2021 ◽  
pp. 097265272110153
Author(s):  
Lan Khanh Chu

This article examines the impact of institutional, financial, and economic development on firms’ access to finance in Latin America and Caribbean region. Based on firm- and country-level data from the World Bank databases, we employ an ordered logit model to understand the direct and moderating role of institutional, financial, and economic development in determining firms’ financial obstacles. The results show that older, larger, facing less competition and regulation burden, foreign owned, and affiliated firms report lower obstacles to finance. Second, better macro-fundamentals help to lessen the level of obstacles substantially. Third, the role of institutions in promoting firms’ inclusive finance is quite different to the role of financial development and economic growth. JEL classification: E02; G10; O16; P48


2015 ◽  
Vol 20 (01) ◽  
pp. 1550005 ◽  
Author(s):  
NIR KSHETRI ◽  
DIANA ROJAS-TORRES ◽  
MARLENY CARDONA ACEVEDO

Diaspora networks' non-economic remittances in the forms of social, political, cultural and technical contributions to their homeland play important roles in entrepreneurship and economic development. In this paper, we examine the effects of such remittances on entrepreneurship development in economies in Latin America and the Caribbean (LAC). We analyze how factors such as migrants' skills and education and characteristics of the host country are likely to affect non-economic remittances and their contribution to entrepreneurship and economic development. We offer some examples of initiatives taken in the home country and the host country to maximize the potential non-economic remittances and their impacts on entrepreneurship development in the home country. A key lesson and take-away that we can gain from entrepreneurially successful efforts of some economies is that the primary focus of diaspora policies need to be centered on utilizing various forms of non-economic remittances in stimulating the quantity and quality of entrepreneurial activity.


1982 ◽  
Vol 24 (4) ◽  
pp. 421-460 ◽  
Author(s):  
John R. Bowman ◽  
Michael Wallerstein

The 1891 civil war that led to the downfall of President José Manuel Balmaceda is without doubt one of the most visible episodes of Chilean history. Already the subject of a voluminous bibliography by 1894 (Echeverría y Reyes, 1894), the “revolution's” importance to historians of Chile actually increased over time as a new generation of scholars came to view it not merely as a discrete event of limited intrinsic interest but as an important key to understanding Chile's subsequent political and economic development. In retrospect, the conflict came to be seen as a “crucial watershed” in Chilean history (Blakemore, 1974: 243), marking the replacement of a presidential system—1833-1891—notable in nineteenth-century Latin America for political stability, by a parliamentary system—1891-1924—notorious for political and monetary disorder.


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