Download or read book Mining Spillovers in Chile written by Mrs.Esther Perez Ruiz and published by International Monetary Fund. This book was released on 2017-08-07 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s small open economy with significant mismatch between the production and consumption baskets may be represented by three stylized sectors, a commodity sector, a non-commodity tradable sector, and a non-tradable sector. This paper estimates the effect of copper price shocks on mining, manufacturing, and construction—each embodying a sector type. The empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the economy.
Download or read book Global Challenges for Innovation in Mining Industries written by Alica Daly and published by Cambridge University Press. This book was released on 2022-04-21 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering the first in-depth global analysis of the innovation ecosystem in the mining industry, this book is aimed at policy-makers and academia alike. A wide range of international contributors assess this from different perspectives, using both a novel mining patent and innovation database and a wide set of analytical approaches.
Download or read book Copper and the Chilean Economy 1960 98 written by Mr.Antonio Spilimbergo and published by International Monetary Fund. This book was released on 1999-04-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper concludes that world copper prices play an important role in short-term fluctuations and probably influence long-term growth of the Chilean economy. While many mechanisms may be at work, investment seems to play a major role. In a copper price boom, the higher copper price and associated capital inflows create upward pressure on the real exchange rate. The appreciation of the Chilean peso during the first part of the copper cycle contributes to lower inflation, which could partly explain why real wages grow more rapidly in this part of the cycle.
Download or read book Innovation and IP Rights in the Chilean Copper Mining Sector The Role of the Mining Equipment Technology and Services Firms written by Claudio Bravo-Ortega and published by WIPO. This book was released on 2019-05-09 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of intellectual property (IP) protection practices among mining equipment, technology and services suppliers (METS) in Chile’s copper mining sector adds to a body of literature that has hitherto focused on high-income countries. It is based on data collated from an online survey of resident METS and on semi-structured interviews of executives from mining companies and suppliers, including two universities. The main conclusion is that, although METS appear to be innovative in relation to the mining sector and the economy as a whole, only a few use intellectual property rights (IPRs) to protect their innovations. The main reasons for this finding appear to be the cost and expected complexity of the registration process. Another noteworthy finding is the view that Chile has the requisite legal IPR expertise, but commercial capabilities (expertise in IPR-based innovation management and business plans) are much less developed. In the last section, four case studies of product and process innovation by four mining suppliers add some interesting insights to the analysis.
Download or read book State Taxation of Mineral Deposits and Production written by Thomas Franklin Stinson and published by . This book was released on 1978 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chile A Role Model of Export Diversification Policies written by Mr. Gonzalo Salinas and published by International Monetary Fund. This book was released on 2021-05-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Largely because of its vast copper reserves, Chile’s exports are highly concentrated on this low complexity product and this is often cited as a major drawback of its economic policy framework. However, its exogenous copper abundance conceals the country’s success in developing non-mineral and complex exports. This achievement is remarkable considering its remoteness from the large international economic centers, which limits its integration to global value chains. As suggested in this paper, this accomplishment reflects Chile’s strength in policy areas that foster non-mineral exports (including complex exports), making the country a role model in export diversification and complexity policies among emerging market countries.
Download or read book Making Foreign Direct Investment Work for Sub Saharan Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2014-01-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
Download or read book Chile written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-07-22 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Politics: President Bachelet won the Presidential election on a platform to foster inclusive growth and reduce inequality. Her government took office in March 2014 and is launching an ambitious policy agenda that includes important reforms in several areas, including taxation, education, productivity, and energy. Outlook and risks: Chile’s global environment is shifting, with a dimmer outlook for its main export, copper, and normalization of global monetary conditions. Growth has slowed markedly, resulting in a modest output gap. The peso has depreciated, feeding into inflation. Staff projects growth to bottom out in 2014 and then gradually recover. Key risks relate to a large and lasting drop in copper prices and global financial volatility. Policy mix: The freely floating peso is working as a shock absorber and will support the economic recovery. The policy mix with broadly neutral fiscal and accommodative monetary policy is appropriate. Room for further monetary easing has narrowed but space remains if domestic demand flounders, so long as inflation expectations remain well anchored. On fiscal, given the strong public finances, automatic stabilizers should be allowed to operate unimpeded and there is space for stimuli in the event of a major downturn. The commitment to close the structural fiscal deficit by 2018 is appropriate and should be phased in a way that avoids undue drag on the recovery. Should risks materialize, the freely floating currency is the first line of defense. Growth and equity reforms: Achieving strong growth while reducing inequality will require structural reforms. The authorities’ agenda focuses on the right areas but many details remain work in progress. Clarity on the details, timetables, and prioritization will reduce uncertainty and the risk of delays. Financial stability: Risks to financial stability appear contained, but it will be important to push through with regulatory reforms underway, including initiatives currently in Congress. Further effort will be needed to close regulatory gaps, in particular bank capital requirements, relative to international benchmarks.
Download or read book Innovation in the Mining Sector and Cycles in Commodity Prices written by Giulia Valacchi and published by WIPO. This book was released on 2019-05-09 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.
Download or read book NBER Macroeconomics Annual 2005 written by Kenneth S. Rogoff and published by MIT Press. This book was released on 2006-04 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 20th NBER Macroeconomics Annual, covering questions at the cutting edge of macroeconomics that are central to current policy debates.
Download or read book Production Transformation Policy Review of Chile written by Organization for Economic Development and Cooperation and published by Organization for Economic Co-Operation & Development. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile is a relatively stable, well-connected, open economy. Over the last decade the country has managed to increase its participation in global value chains and to export new products. However, its knowledge base is limited, productivity is stagnating and economic opportunities are still concentrated in a few places and limited to a few activities and firms. Today's global production revolution offers a window of opportunity for Chile to "update" its growth model to become more inclusive and sustainable. The Production Transformation Policy Review of Chile (PTPR) uses a forward-looking framework to assess the country readiness to embrace change, with perspectives on solar energy, mining and agro-food, and identifies priorities for future reforms. This review is the result of government-business dialogue and rigorous analysis. It benefitted from peer learning from Sweden, Germany and the Emilia Romagna Region in Italy through the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development.
Download or read book Cost efficient Wastewater Treatment Technologies written by Mahmoud Nasr and published by Springer Nature. This book was released on 2023-01-01 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of two volumes that together provide a comprehensive overview of the current sustainable and low-cost wastewater treatment technologies applied in communities that lack the financial and technical resources needed for an environmental, disease prevention and health nexus. This book reviews engineered wastewater treatment technologies and discusses their application in regard to greenhouse gas emissions, natural resource utilization, land-use, and energy and water savings. The chapters from expert contributors cover topics such as aerobic and anaerobic biological treatments, chemical treatments and precipitation, and disinfection. Readers will also learn about simplified and low-energy wastewater treatment plants, strategies for wastewater reuse, and nanotechnologies for wastewater environmental management. The feasibility regarding time and cost of implementing such technologies is also discussed in this book, and particular attention is given to the removal of conventional and emerging pollutants, toxicants, and heavy metals. Given the breadth and depth of its coverage, the book offers an invaluable source of information for researchers, students and environmental managers alike.
Download or read book Chile written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2023-07-07 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s strong fiscal framework has served the country well. The fiscal rule has helped insulate the budgets from volatility in resource prices and economic activity. The sovereign wealth fund (SWF)—the Economic and Social Stabilization Fund (ESSF) and the Pension Reserve Fund (PRF)—was established to encourage savings over time and has provided buffers for stabilizing the economy. During the pandemic, Chile has appropriately used the ESSF to provide swift and impactful support to protect people. Recent efforts to upgrade the fiscal framework— adopt a medium-term fiscal path, formalize a prudent debt ceiling, and introduce an escape clause—can further safeguard fiscal sustainability.
Download or read book Mining in Africa written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2017-02-14 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study focuses on the local and regional impact of large-scale gold mining in Africa in the context of a mineral boom in the region since 2000. It contributes to filling a gap in the literature on the welfare effects of mineral resources, which, until now, has concentrated more on the national or macroeconomic impacts. Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries. Studies of this phenomenon, known as the “resource curse,†? examine the economy-wide consequences of mineral exports.1 Africa’s resource boom has lifted growth, but has been less successful in improving people’s welfare. Yet much of the focus in academic and policy circles has been on appropriate management of the macro-fiscal and governance risks that have historically undermined development outcomes. This study focuses instead on the fortune of local communities where resources are located. It aims to better inform public policy and corporate behavior on the welfare of communities in Africa in which the extraction of resources takes place.
Download or read book The Institutions Curse written by Victor Menaldo and published by Cambridge University Press. This book was released on 2016-08-25 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.
Download or read book Regional Economic Outlook April 2018 Western Hemisphere Department written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2018-05-11 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018–19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains.
Download or read book Making Foreign Direct Investment Work for Sub Saharan Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2014-01-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of a groundbreaking study on spillovers of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
