Short-term income mobility in Latin America in the 2000s: intensity and characteristics

2021 ◽  
Author(s):  
Luis Beccaria ◽  
Roxana Maurizio ◽  
Martin Trombetta ◽  
Gustavo Vázquez

Abstract The aim of this article is to compare the intensity and characteristics of short-term income mobility during the 2000s in Argentina, Brazil, Costa Rica, Ecuador, Mexico, Paraguay and Peru, countries with very dissimilar labor market structures and social protection coverage. This period is particularly relevant since Latin America experienced sustained economic growth together with improvements in labor and social conditions. Results show that the degree of mobility is higher in the region than in certain developed countries. The presence of a large number of income rises in all seven cases is another main finding of the analysis. However, at the same time, a great proportion of households suffered a reduction in their income. Finally, differences in mobility between countries are more closely linked to those in labor market structures than to those derived from disparities in overall economic performance during the period under analysis.

2020 ◽  
Vol V (IV) ◽  
pp. 1-9
Author(s):  
Aftab Anwar ◽  
Muhammad Masood Anwar ◽  
Ghulam Yahya Khan

Since inflation and trade openness rate are considered as critical measure of an economy's health. This article analyze the relation of Economic growth with Investment, Inflation and Trade Openness of Pakistan for 1970- 2019. The policy guide lines from analysis include promotion of policies to increase Investment and Trade-openness in short and long-terms. The study used ARDL bound-testing for long-term and Un-Restricted-Error Correction techniques to discover short-term interrelation amongst a selection of variables. Results of study revealed inflation negatively related to economic performance and positively linked to Investment and Trade-Openness. Findings of enquiry suggested government should focus more on investment friendly policies in the country.


1967 ◽  
Vol 27 (4) ◽  
pp. 588-607 ◽  
Author(s):  
Morris David Morris

There are two widely held explanations for South Asia's failure to attain the level of economic performance achieved by the now developed countries of the world: One is that British imperial policy frustrated economic growth after 1750; the other is that the Indian value system and die social structure that reflected that value system were obstacles to economic growth. It is worthy of note that both interpretations tend to visualize pre-1750 South Asia at a level of economic organization and performance at least equal to that of western Europe in 1750, with the economic gap appearing only subsequently.


2021 ◽  
Vol 2021 (8) ◽  
pp. 81-99
Author(s):  
Iryna STORONIANSKA ◽  
◽  
Liliya BENOVSKA ◽  

The important problem of regional development is the strengthening of interregional disparities due to the concentration of financial capital in some of the most economically developed and investment-attractive regions and its outflow from economically weaker regions. The purpose of the article is to analyze the spatial distribution of the processes of credit activity and capital investment in conditions of financial and economic turbulence, to assess their impact on the economic growth of the regions of Ukraine. The following methods were used for the study: abstract-logical, comparative analysis, graphical visualization, statistical. The article identifies trends and problems of spatial distribution of credit activity, capital investment and highlights the features of credit and investment development of regions in crisis conditions; the influence of credit and investment factors on the economic growth of the regions is estimated. It has been found that in Ukraine a high concentration of capital investment in highly developed regions does not always guarantee them high investment productivity. Regional development under the COVID-19 quarantine restrictions was often influenced by behavioral factors and a number of irrational decisions by economic entities. During 2020, the share of public capital investments increased, but these investments were often financed by international funds. However, unlike most developed countries, the main objects of investment were not the health care system (including its increased capacity to fight the pandemic) or the digitalisation of public services, but the objects of hard infrastructure. The article identifies the risks of economic growth of regions, in particular: the risk of delayed effect of economic growth in the short term, the risk of deepening imbalances in economic development of Ukraine, the risk of low productivity of public investment, the risk of increasing irrationality of consumer behavior in the short term.


Author(s):  
Olha Chubka ◽  
◽  
Roksolana Skip ◽  

One of the important components of the economy of any state - income policy. The article analyzes the level of income of the population of Ukraine during 2010-2020. The labor market, employment are the most dynamic elements of a market economy. They not only intertwine the interests of workers and employers, but also reflect economic, political, demographic, social and other processes that significantly affect the demand and skills of workers, employment and unemployment, social protection and living standards. In addition to the nominal dynamics of income, the change in the real level of income was studied, during which it was found that the real available income level decreased significantly during 2014-2015. The impact of the coronary crisis on the well-being of the population is significant, as during the quarantine the incomes of Ukrainians significantly decreased, especially in the second quarter of 2020. In addition to the analysis of income, its components were studied. The lion's share is wages, but the share of social transfers is not much less than the share of wages. This ratio of components is a disproportion, in highly developed countries the situation is opposite. The article also considers the dynamics of the average and minimum levels of wages during 2010-2020, found that the average wage is much higher than the minimum, so there is a disparity in wages in Ukraine. Also, inequality in wages is observed on the following grounds: regional, sectoral and gender. A comparison of the average salary of Ukraine and a number of European countries was made. In Ukraine, labor is paid the lowest, which is one of the main reasons for labor migration. The article provides recommendations for improving the conditions of workers and employers in the labor market, which will lead to the development of Ukraine's economy as a whole.


2015 ◽  
Vol 4 (2) ◽  
pp. 79 ◽  
Author(s):  
Willem Vanlaer ◽  
Wim Marneffe ◽  
Lode Vereeck ◽  
Johan Vanovertveldt

Although the recent global financial crisis has stimulated a vast amount of research on the impact of public debt on economic growth and also increasingly on the role of private credit, the total levels of indebtedness of an economy have largely been ignored. This paper studies the impact of the total level of and increases in debt-to-GDP on economic growth for 26 developed countries in the short, medium and longer term. We analyse whether we can predict the future level of growth, simply by looking at the total level of debt, or increases in that debt level. We find that there is a negative correlation between high levels of debt and short term economic growth, but that this effect tapers in the medium and long term. Similarly, we find that rapid debt accumulation is negatively related to economic growth over the short term, the impact is less pronounced over the medium term and is non-existent over the long term.


2020 ◽  
pp. 66-74
Author(s):  
Nataliya Komar

Introduction. Migration is a global phenomenon that has no borders and affects all countries without exception. Subjective and objective reasons determine migration flows in the world. More than half of the world's population lives in urban areas. Popular and attractive, with their infrastructure, dynamic labor force market, development of integration and consolidation, inclusion, countries / destination cities of migrants who are looking for a better life and more possibilities for employment and social protection. Cities meet the urgent needs of migrants and respond to amount of integration challenges. The majority of cities, which are under considerable pressure from migrants, especially refugees, are awareness that well-managed migration can bring not only challenges but also opportunities and initiatives which can benefit from the economy and society, especially in the long time period. The goal of the article is to research the European continent as a location for migrants and refugees and also to analyze challenges and opportunities for cities destination under influence of migrant’s flows. Method (methodology). The methodological basis of the article are the following general scientific and empirical methods, such as: historical, systemic, generalization method, grouping, comparative method. Results. According to the ratings, Germany (Berlin), Great Britain (London), France (Paris), Poland (Gdansk) are the most popular countries / cities for migrants in the European continent. Migrants may be a burden to the city, because in its turn mentioned one spends public money on their upkeep. At the same time, migrants may be more talented and skilled workers, less demanding than local population. That is why a government and business of destination city of migrants can cooperate effectively in order to maximize potential of immigrants in cities. The main factors which attract migrants in destination cities are economic opportunities of ones. In particular, the attractiveness of Berlin for migrants is due to the fact that the city is innovative, creative and open to thought. Apart from the city has also dynamic labor market and low labor costs. It is worth noting that the majority of developed countries have demographic issues and aging nation, while young people in developing countries look for work due to imbalances in the domestic labor market. Migration, in the following destination cities (Berlin, Athens, Paris), has made its adjustments in the field of infrastructure, education, health care, urban planning, etc. In particular, the private and public sectors combine own attempts in order to solve migration issues in the long term period.


2021 ◽  
Vol 80 (316) ◽  
pp. 109
Author(s):  
Eduardo Ramírez Cedillo ◽  
Francisco López Herrera

<p>Se analiza la relación del crecimiento económico con el gasto público de 16 países latinoamericanos de 1990 a 2017. Este trabajo contribuye a la literatura sobre el tema enfocándose en la región. Los resultados de un modelo para paneles cointegrados respaldan la ley de Wagner en el largo plazo y brindan evidencia parcial a favor de las hipótesis de Keynes en el corto plazo.</p><p><strong> </strong></p><p align="center">PUBLIC SPENDING AND GROWTH IN LATIN AMERICA:</p><p align="center">WAGNER´S LAW AND KEYNES’S HYPOTHESIS<strong></strong></p><p align="center"><strong>ABSTRACT</strong></p><p>The relationship between economic growth and public spending in 16 Latin American countries from 1990 to 2017 is analyzed. This paper contributes to the literature on the subject focusing on the region. The results from a model of cointegrated panels support Wagner’s Law in the long term and provides partial evidence in favor of the Keynesian hypotheses in the short term.</p>


Author(s):  
Juan Gabriel Brida ◽  
David Matesanz Gómez ◽  
Verónica Segarra

The aim of this paper is to analyze the dynamic relationship between economic growth and CO2 emissions for a set of 98 countries over the lengthy period from 1951 to 2014. We describe the topology and hierarchy of countries and introduce a different concept of economic performance based on the idea of dynamic regimes. These regimes are defined by the average levels of per-capita CO2 emissions and the growth rates of per-capita GDP. By presenting a nonparametric clustering technique, the paper identifies two main groups. One cluster can be identified as the group of developed countries, which presents a homogeneous structure and tends toward more similar dynamics over time. The other cluster, associated with developing countries, is homogeneous but the dynamics of the countries do not show convergence. The study also finds some, though little, mobility between the groups.


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