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The growing interest in investment in Latin America - particularly in commodities production and real estate development - has increased the use of trusts as investment vehicles throughout Latin America. Written for the English-speaking practitioner, the book covers Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, México, Panamá, Paraguay, Perú, Uruguay and Venezuela and provides a practical, clear, and thorough explanation of trusts as legal vehicles for investment in Latin American countries. Trusts in Latin America provides a comprehensive, comparative review of statutes, case law, and examples of trusts in Latin America, and also highlights differences between these countries and common-law systems.
The growing interest in investment in Latin America - particularly in commodities production and real estate development - has increased the use of trusts as investment vehicles throughout Latin America. Written for the English-speaking practitioner, the book covers Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, México, Panamá, Paraguay, Perú, Uruguay and Venezuela and provides a practical, clear, and thorough explanation of trusts as legal vehicles for investment in Latin American countries. Trusts in Latin America provides a comprehensive, comparative review of statutes, case law, and examples of trusts in Latin America, and also highlights differences between these countries and common-law systems.
This paper explores the extent to which individuals trust, reciprocate, cooperate and pool risk by using a battery of field experiments containing the trust game, the voluntary contributions mechanism and the risk pooling game; applied in six capital cities in Latin America. The results suggest that: (i) on average, the propensity to trust and cooperate among Latin Americans is remarkably similar to that found in other regions of the world; (ii) expectations about the behavior of other players are the main driver of trust, reciprocity and cooperation; and (iii) behaviors involving socialization, trust and cooperation are closely interconnected.
Investments in education across countries in Latin America and the Caribbean have transformed the lives of millions of girls and the prospects of their families and societies. Unleashing the full economic potential of women is nevertheless still a curtailed issue in the region: just about half of women are unable to participate in paid work. The majority of the population out of the labor market is women between the ages of 24 and 45. This is the largest share of the available pool of unused human capital countries have, and where mothers of young children are concentrated. This book argues that more and better childcare constitutes a fundamental policy option to improve female outcomes in the labor market, but countries need to pay particular attention to the design and features of such services. First-rate educational programs will be useless if children are not enrolled or do not attend formal education centers. A large program expansion will be wasted if parents cannot enroll their children because they are unable to reach the center, don’t trust its quality, if the program is too expensive, or if work and care schedules are not compatible. Through an integrated framework applied to each country and an overview of the existing evidence, this book addresses the why and what questions about policy relevant instruments to achieve female labor participation. Parts I and II of the book lay out the motivation for Latin-American and Caribbean countries to act depicting their current situation both in terms of women’s labor participation and the use and provision of childcare services. Moreover, this book tackles the how question contributing to the incipient evidence about factors affecting the take-up of programs and demand for childcare services and other informal care arrangements. Part III of the book explores how to improve services and implement more and better formal, center-based care arrangements for young children. It looks at international benchmarks, discusses different experiences and proposes specific actions to solve potential inequalities in access to childcare.
This book presents a cross-cultural investigation into the interplay between social capital and subjective well-being. Based on a quantitative analysis of the latest large-N cross-cultural data sets, including the World Value Survey and the European Social Survey, and covering various countries, it offers a comparative perspective on and new insights into the determinants of social capital and well-being. By identifying both universal and culture-specific patterns, the authors shed new light on the spatial and temporal differentiation of social capital and subjective well-being. The book is divided into two main parts: The first discusses mutual trust, religious and cultural tolerance, and pro-social and human values as essential dimensions of social capital. In turn, the second part studies social capital as a source of subjective well-being and life satisfaction. Given its scope, the book will appeal to scholars of sociology, social psychology, political science and economics seeking a deeper understanding of the multi-faceted nature of social capital and well-being.
This book helps leaders create a common language and understanding around issues of trust that show up in the organizational environment.
This report provides novel evidence on Brazilian people’s expectations and evaluation of government’s reliability, responsiveness, openness, integrity and fairness, based on the OECD Trust Survey.
With the purpose of understanding the strong influence that English trust law has had in Latin America's legislation, this text will develop around the breach of trust in comparative law, contrasting the fiduciary figures in the Common Law and the Civil Law systems, from the study of one of the leading cases in English law that would represent a reference point for the particular analysis of English law and Colombian law, and which study will examine their key similarities and differences. The role of the history is essential to understand the way both fiduciary figures developed in the Common and Civil law, hence it is integrated with the comparison in this study. Issues such as transplanting law or rules from one system to another are mentioned, since the institution of English trust has been developed in many Hispanic-American countries - including Colombia - despite of coming from a Roman legal tradition. An important part of this study, will be the differences of the fiduciary figures as a result of the significance of equity in the English law and its strong influence in trust law, which explains the distinct elements with the Colombian equivalent. For this reason, the latin "fiducia" is not exactly as the English trust, it has been adopted clinging on the legal traditions country-specific. However, understanding the way they have developed is fundamental, with the globalisation it has become a need to find the unification of business instruments in the Commercial Law that has become increasingly towards the unification.