Antecedents of Stakeholder Trust in Business Development in Latin America

Author(s):  
Harish C. Chandan

Trust is the expectation of honest and co-operative future behavior based on commonly shared norms (Fukuyama, 1995). In Latin American region, people who believe that most people can be trusted ranges from 4 to 19% as compared with 34% for USA and 60% for China and Sweden (World Values Survey, 2010-2014; Jamison, 2011; Cardenas et al., 2009). Trust consists of a mix of inter-personal trust and institutional trust. An understanding of business culture, national culture and religion is essential for developing trust in business relationships (Hurtado, 2010; Searing, 2013; Weck, 2013, Ransi and Kobti, 2014). Trust among various business stakeholders within a firm or between firms in a local, national or international setting is an essential component of business development activities that are rooted in the relationships between exchange partners (Barron, 2014; Taylor, 2013; Friman et al., 2002;). The monitoring mechanisms on trust, i.e., “trust but verify” are conductive to maintaining trust in a business relationship (Kusari, et al. 2014).

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.


Author(s):  
Romero Eduardo Silva

This chapter discusses the recent resurgence of ‘resource nationalism’ in the Latin American region. These include the shift in the political and economic control of the energy sector from foreign, private interests to domestic, state-controlled companies and the disputes this has triggered. After looking at the historical background of investor-state arbitration in Latin America, the chapter analyzes relevant strategies used by investors and states to defend their standpoint on resource nationalism. It also identifies which ones have proved most successful in relation to fiscal measures and nationalizations by certain Latin American states. The chapter also provides an assessment of corporate restructuring strategies used by foreign companies to challenge these types of resource nationalism measures.


2017 ◽  
Vol 35 (5) ◽  
pp. 439-454
Author(s):  
Nestor Garza

Purpose The purpose of this paper is to assess alternative economic explanations of buildings’ height in Latin America and Chile, inductively producing a theory about skyscrapers’ height in emerging countries. In the quest for height, global exposure as advertising guides developers located in emerging economies, while ego-building for investors. Design/methodology/approach This paper uses mixed methods triangulation (MMT). Findings with small sample econometrics for 38 cities from 13 different countries are re-interpreted by linguistically analyzing 11 semi-structured interviews with local experts in Santiago. Findings Globalization is the main determinant of skyscrapers height in the Latin American region, its interaction with the need to portray management and technical skills of developer firms, determines a process toward over-construction. Research limitations/implications Because of small sample bias, the quantitative results are not fully reliable, but this is precisely why it makes sense to use MMT. Practical implications Santiago offers a valuable case study because, on the one hand, Chile was the first Latin American country to undertake neoliberal type reforms, as early as 1973. On the other, the tallest Latin American skyscraper is to be completed in this city by 2015. The theory developed, derived from the evidence and the perceptions, has a Global South reach and can open-up an empirical research agenda. Originality/value This paper innovates in real estate research by using MMT, not just to confirm quantitative findings, but as an inductive theory building tool. It also analyses Latin America, a region with scarce presence in the literature.


Author(s):  
Marta Pulido-Salgado ◽  
Fátima Antonethe Castaneda Mena

Scientific knowledge should be shared beyond academic circles in order to promote science in policymaking. Science communication increases the understanding of how the natural world works and the capacity to make informed decisions. However, not every researcher has the ability to master the art of communicating, and even less in a clear, concise, and easy to understand language that society representatives appreciate. Within the huge and extraordinarily diverse Latin American region, science communication has been going on for at least 200 years, when the first science stories appeared in the newspapers, as well as the first science museums and botanical gardens were founded. Nevertheless, resources are limited, and notably time, which researchers spend mostly in mentoring, ensuring funding, publication of their results and laboratory work, while science journalists are an endangered species. This perspective article aims at providing some recommendations to build bridges between science and decision-making parties through communication, by exploring how Latin American diplomats and policymakers engage with scientific knowledge.


2013 ◽  
Vol 2 (03) ◽  
pp. 123-142
Author(s):  
Claudio Barrales ◽  
Humberto Marín ◽  
Rodrigo Molina

Especial interés ha causado en los últimos años el desarrollo de técnicas relacionadas con el estudio del comportamiento humano antes, durante y después de emergencias y desastres. Este nuevo campo de especialización llamado Psicología de emergencias y desastres ha centrado las miradas, no solo por la ocurrencia de eventos que han demandado su aplicación, sino también por el normal desarrollo y evolución que ha tenido la psicología en nuestro país y el continente. El presente texto trata de dar cuenta del estado de avance y punto de estado actual de esta especialidad dentro de la región latinoamericana. Special interest has caused in recent years the development of techniques related to the study of human behavior before, during and after emergencies and disasters. This new area of expertise called emergency and disaster psychology has focused the eyes, not only by the occurrence of events that have sued their application, but also for the normal development and evolution that has taken psychology in our country and the continent. This article tries to give an account of the progress and current status about this specialty within the Latin American region.


2020 ◽  
Vol 6 (37) ◽  
pp. eabc6228 ◽  
Author(s):  
Peter H. Raven ◽  
Roy E. Gereau ◽  
Peter B. Phillipson ◽  
Cyrille Chatelain ◽  
Clinton N. Jenkins ◽  
...  

We compare the numbers of vascular plant species in the three major tropical areas. The Afrotropical Region (Africa south of the Sahara Desert plus Madagascar), roughly equal in size to the Latin American Region (Mexico southward), has only 56,451 recorded species (about 170 being added annually), as compared with 118,308 recorded species (about 750 being added annually) in Latin America. Southeast Asia, only a quarter the size of the other two tropical areas, has approximately 50,000 recorded species, with an average of 364 being added annually. Thus, Tropical Asia is likely to be proportionately richest in plant diversity, and for biodiversity in general, for its size. In the animal groups we reviewed, the patterns of species diversity were mostly similar except for mammals and butterflies. Judged from these relationships, Latin America may be home to at least a third of global biodiversity.


2004 ◽  
Vol 19 (3-4) ◽  
pp. 329-346
Author(s):  
Francisco de Assis Comaru ◽  
Marcia Faria Westphal

Abstract Since the outset of the 201 h century, growing urbanization and its contingent waxing populations in Latin America, including Brazil, have come to have alarming effects on the conditions of life, especially in the areas of housing and healthcare for such populations. In this paper, we present data describing and qualifying the process of urbanization and its consequences for Latin American countries and certain Brazilian cities. Arguments are presented about the effects of the urbanization process and the development of low-income human settlements (slums known as favelas and squatting in tenement housing) on health conditions, diseases, and the death rate. The first part of the paper is based on secondary and quantitative data about urbanization, housing, and health in Brazilian and other Latin American cities. Governmental and nongovernmental data are used to structure the problematic landscape of the Latin American region. In the second part of the paper, we focus on a case study of a Brazilian coast city that has registered an intense population growth. This study demonstrates that urban policy (housing, environmental, sanitation, and urban transportation) requires an integration of health and environmental public policy and demonstrates the importance of the role of popular participation in urban public policy-making, and the potential importance of the Bertiioga Healthy City Project from the perspective of a better integration of actions, policies, and programs.


2021 ◽  
pp. bmjebm-2020-111530
Author(s):  
Luis Ignacio Garegnani ◽  
Nicolás Meza ◽  
Pablo Rosón-Rodriguez ◽  
Camila Micaela Escobar-Liquitay ◽  
Marcelo Arancibia ◽  
...  

BackgroundIt is recommended that patients actively participate in clinical practice guideline (CPG) development, which allows consideration of their values and preferences and improves adherence to recommendations. The development of CPGs throughout Latin America is variable and diverse, and the inclusion of patients’ participation is unknown.ObjectivesTo evaluate the methods of patients’ participation in government-sponsored CPGs in Latin America, the type of CPG development and the use of Grading of Recommendations, Assessment, Development and Evaluation (GRADE) methods.DesignCross-sectional study. We included CPGs developed over the last 10 years through a comprehensive hand search in official national government websites and biomedical databases.Main outcome measureThe type of patients’ participation was coded according to five predefined categories. We also report the proportion of application of GRADE methods.ResultsWe included 408 CPGs from 10 countries: 74% (n=303) were de novo development, 13%(n=55) used an adaptation method and 10%(n=41) used both adaptation and de novo methods. Only 45% (n=185) applied the GRADE approach, ranging from 14% (n=12) of CPGs in Brazil to 89% (n=56) of CPGs in Colombia. Only 23% (n=95) of CPGs included at least one method of patients’ participation. Mexico was one of the largest CPG producers (100 CPGs), but none included methods of patients’ participation; in turn, in countries with lower production of government-sponsored CPGs, patients’ participation was found in almost 88%. Guidelines using the GRADE approach were more likely to use methods of patients’ participation. These methods were highly variable: 46% (n=44) incorporated patients in the panel, 81% (n=77) searched for evidence about patients’ values and preferences, 43% (n=39) used an external review of the draft recommendations by patients, 38% (n=36) used public comments, and 2% included other methods for stakeholders’ participation.ConclusionOnly one quarter of government-sponsored CPGs in the Latin American region incorporated a method for patients’ participation, which varied considerably across the selected countries. These findings highlight the need to improve CPG development methods to systematically incorporate patients’ values and preferences when drafting recommendations.


2017 ◽  
Vol 10 (4) ◽  
pp. 545
Author(s):  
Miguel Gaston Cedillo Campos ◽  
Juan Carlos Villa

Logistics systems have a strategic importance for Latin American competitiveness. During the last decades, geographical dispersion of industrial and service processes supported by logistics progresses allowed Latin American companies to be part of the global value chains.Economic difficulties in the Latin American region and the increasing protectionism and nationalism in some developed countries have led to uncertainty and greater interest to develop regional markets and to strengthen a more diverse market base.Under this context, this Special Issue of the Journal of Industrial Engineering and Management (JIEM) gathers nine significant contributions, which from a Latin American approach, enhance the logistics systems body of knowledge focused on emerging markets.


2019 ◽  
Vol 5 (4) ◽  
pp. p473
Author(s):  
Van R. Wood (PhD) ◽  
Frank Franzak (PhD) ◽  
Dennis A. Pitta (PhD)

Economic development requires a complex mix of markets, financial resources, and expertise. Business development in Latin America has followed a tradition of natural resource exploitation, representing a classic example of the “old economy” in today’s global marketplace. However, in order to reap significant economic and social advancements it is imperative that this emerging region embrace a value-added approach requiring increasing knowledge resources. Today, the traditional drives of wealth creation—land, labor and capital—tend to be commodities. Ideas are the now the main currency driving development. One area where ideas flourish is entrepreneurship embedded in small and medium sized enterprises (SMEs). It is here where great promise for introducing innovation and boosting competitiveness lies. This paper, based on these notions, presents a development model that integrate—1) expertise from government agencies charged with enhancing international trade and investment (AITIs), 2) public institutions of higher education (PIHEs) charged with educating the next generation of globally competitive business leaders and 3) small to medium sized enterprises (SMEs) seeking real growth in the globalized business environment leading to a “win-win” situation for all. More specifically, the authors introduce one such model—VITAL (Vibrant International Trade Alliances), and—1) overview the realities of globalization that have created unprecedented SME opportunities for emerging markets, such as those in Latin America, 2) review the importance of entrepreneurship in moving SMEs to the next level of wealth creation, 3) present an example of the model currently utilized in a globally engaged U.S state (Virginia) that has fostered SME and entrepreneurial enterprises in global markets, 4) explains how the model can apply to Latin American nations and also to partnerships between Latin American nations and their U.S. counterparts, and 5) provides managerial, policy and future research implications related to this “boundary spanning” way of thinking.


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