Download or read book The Impact of Natural Resource Discoveries in Latin America and the Caribbean written by Mr.Frederik G Toscani and published by International Monetary Fund. This book was released on 2017-02-10 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to discoveries over the short- and medium-run. Second, we use non-stationary panel data techniques to look at the long-run (trend) relationship between GDP per capita and the value of oil and gas production—our results imply that the recent fall in prices could depress GDP per capita by several percentage points. Last, we use Bolivia, which discovered huge gas reserves in the late 1990s, as a case study to apply the cross-country results and to study the impact of discoveries at the subnational level.
Download or read book The Impact of Natural Resource Discoveries in Latin America and the Caribbean written by Frederik Toscani and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to discoveries over the short- and medium-run. Second, we use non-stationary panel data techniques to look at the long-run (trend) relationship between GDP per capita and the value of oil and gas production-our results imply that the recent fall in prices could depress GDP per capita by several percentage points. Last, we use Bolivia, which discovered huge gas reserves in the late 1990s, as a case study to apply the cross-country results and to study the impact of discoveries at the subnational level.
Download or read book Natural Resources in Latin America and the Caribbean No 4 written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drinking water and electricity are basic services that proved essential to counter the impact of the COVID-19 crisis. At the same time, they represented an opportunity for investment to spur economic recovery in the countries of the region. Since the early months of 2022, they have been particularly threatened by the impact of the war in Ukraine on the world prices of fossil fuels, which are basic inputs for both sectors. Together with higher prices for edible oils, cereals and fertilizers, this has led to a rise in poverty and in energy, water and food insecurity in the region.In Latin America and the Caribbean, large inequalities persist in access both to energy and to drinking water and sanitation, owing to a lack of high-quality supply infrastructure capable of providing water and energy security for all. Currently, in the region, 161 million people lack access to safely managed drinking water, 431 million to safely managed sanitation, 17 million to electricity and 75 million to clean cooking fuels and technologies. There is therefore both a need and an opportunity for investment to universalize coverage of these services to the entire population, which would also generate green jobs and new incomes, reduce environmental impacts and improve public health.
Download or read book Natural Resources in Latin America and the Caribbean written by Emily Sinnott and published by World Bank Publications. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- Stylized facts of commodity production and trade in LAC -- Natural resources and long-term growth -- Institutions and the resource curse or blessing -- Managing commodity price volatility -- Environmental and social consequences of commodity production -- Conclusions and policy implications.
Download or read book Natural Resources in Latin American Development written by Joseph Grunwald and published by Johns Hopkins University Press. This book was released on 1970 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessment, based on statistical analysis, of the contribution of the natural resources sector to the economic development of Latin America - gives basic information on the evolution of production, consumption and export trade of natural resource commodities, and covers the copper industry, the iron and steel industry, the petroleum industry, coal mining, agricultural products (incl. Coffee, sugar, cotton, etc.), forestry and fishery products, etc. References and statistical tables.
Download or read book Environmental Issues in Latin America and the Caribbean written by Aldemaro Romero and published by Springer Science & Business Media. This book was released on 2006-02-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of readings that explore environmental issues in Latin America and the Caribbean using natural science and social science methods. These papers demonstrate the value of interdisciplinary approaches to analyze and solve environmental problems. The essays are organized into five parts: conservation challenges; national policies, local communities, and rural development; market mechanisms for protecting public goods; public participation and environmental justice; and the effects of development policies on the environment.
Download or read book Environmental and Natural Resource Management in Central America a Strategy for A I D Assistance written by and published by . This book was released on 1988* with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Resource Curse written by Syed Mansoob Murshed and published by Agenda Publishing. This book was released on 2018 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "resource curse," or "paradox of plenty," refers to the long-established notion central in development economics that countries rich in natural resources, particularly minerals and fuels, perform less well economically than countries with fewer natural resources. In other words, resources are an economic curse rather than a blessing. This short primer explores the complexities of this idea and the debates that surround it, in particular under what conditions the resource curse might operate, if not universal. Discussion ranges over the nature of resource booms, the benefits and costs of export-led growth, the problems of deindustrialization and manufacturing base erosion, rent-seeking behavior and corruption, and the empirical evidence of the effects of natural resource dependence on growth. The treatment is nontechnical and accessible, drawing throughout on a range of illustrative examples from across the developed and developing world. The Resource Curse offers an authoritative introduction to one of the most perplexing issues of economic growth.
Download or read book Natural Resources Neither Curse nor Destiny written by Daniel Lederman and published by World Bank Publications. This book was released on 2006-10-23 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.
Download or read book The Economic Development of Latin America in the Twentieth Century written by André A. Hofman and published by Edward Elgar Publishing. This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Does What You Export Matter written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
Download or read book Globalization and Development written by José Antonio Ocampo and published by Stanford University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].
Download or read book Natural Resources in Latin America and the Caribbean written by Emily Sinnott and published by World Bank Publications. This book was released on 2010-01-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The question of how to treat commodity production and how to manage recurrent cycles of booms and busts has always been a challenge for policymakers in commodity-dependent countries, including many in the LAC region. These challenges have led to allegations of a "commodity curse'' that retards development in these countries, but as of yet, there is no consensus as to whether such a curse exists, and if so, how can negative effects be minimized. This book contributes to this debate. Much of the report is focused on an examination of specific channels through which commodity dependence may affect the economic and institutional development of countries. This includes broadly 4 sets of concerns: one set dealing with the direct economic effects of commodity dependence and the implications for long-term growth; one dealing with the interactions between commodity production and the rents it generates on the one hand, and a country's institutions on the other; a third dealing with the macroeconomic challenges of managing the volatility of revenue flows, including the distributional implications at the household level posed by cyclicality of social spending; and a final set associated with potential negative environmental and social impacts. The book finds that some commonly accepted negative effects of dependence on natural resources are largely myths, while some are realities. But all can be managed, and the book draws on the best available information in existing literature as well as original analysis to provide practical advice on how to do so. It also presents descriptive facts and analysis of the impacts in LAC of the recent commodity boom, helping the reader understand the implications for the region's development and policies. It should be of great interest to policy-makers and analysts, as well as laypersons interested in the economics of commodity markets and their role in economic development."
Download or read book Winning the Oil Lottery written by Mr.Tiago Cavalcanti and published by International Monetary Fund. This book was released on 2016-03-14 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides evidence of the causal impact of oil discoveries on development. Novel data on the drilling of 20,000 oil wells in Brazil allows us to exploit a quasi-experiment: Municipalities where oil was discovered constitute the treatment group, while municipalities with drilling but no discovery are the control group. The results show that oil discoveries significantly increase per capita GDP and urbanization. We find positive spillovers to non-oil sectors, specifically, an increase in services GDP which stems from higher output per worker. The results are consistent with greater local demand for non-tradable services driven by highly paid oil workers.
Download or read book Extractive Imperialism in the Americas written by James Petras and published by BRILL. This book was released on 2014-07-24 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent changes in the global economy, which include a growing demand for energy and natural resources such as industrial minerals and agro-food products, have brought about a massive devastating pillage of resources in the developing world by multinational corporations as well as states with energy and food security concerns—and concerns about a system (global capitalism) in the throes of a global crisis. These developments have also brought about a major change in the form taken by imperialism (actions taken by the state to advance the interests of the dominant capitalist class). This book explores the changing face of US imperialism in the regional context of the Americas, a major stage in the unfolding drama of a system in crisis.
Download or read book Rents to Riches written by Naazneen Barma and published by World Bank Publications. This book was released on 2011-12-08 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.
Download or read book Natural Resources and Economic Development written by Edward B. Barbier and published by Cambridge University Press. This book was released on 2019-09-19 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this landmark book explores how natural resources contribute to development in poor economies.
