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Contents: Editors' Summary A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America Jeffrey A. Frankel Inflation Targeting in Latin America: Toward a Monetary Union? Marc Hofstetter Is Violence against Union Members in Colombia Systematic and Targeted? Daniel Mejía and María José Uribe The Dynamics of Income Inequality in Mexico since NAFTA Geraldo Esquivel
This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries. Contents: Long-Term Care in Latin America and the Caribbean: Theory and Policy Considerations Martín Caruso Bloeck, Sebastian Galiani, and Pablo Ibarrarán Pension Income Indexation: A Mean-Variance Approach Rodrigo lluberas The Impact of Police Presence on Drug-Trade-Related Violence Emiliano Tealde Productivity and Reallocation: Evidence from Ecuadorian Firm-Level Data Anson T. Y. Ho, Kim P. Huynh, and David T. Jacho-Chávez Can a Small Social Pension Promote Labor Force Participation? Evidence from the Colombia Mayor Program Tobias Pfutze and Carlos Rodríguez-Castelán Sovereign Credit Ratings in Latin America and the Caribbean: History and Impact on Bond Spreads Inés Bustillo, Daniel Perrotti, and Helvia Velloso
This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries. Contents: 1. Cash Transfers in Latin America: Effects on Poverty and Redistribution Verónica Amarante and Martín Brun 2. How Sensitive Is Regional Poverty Measurement in Latin America to the Value of the Poverty Line? R. Andrés Castañeda, Santiago Garriga, Leonardo Gasparini, Leonardo R. Lucchetti, and Daniel Valderrama 3. Homicides and the Age of Criminal Responsibility: A Density Discontinuity Approach Francisco J. M. Costa, João S. de Faria, Felipe S. Iachan, and Bárbara Caballero 4. Fool’s Gold: The Impact of Venezuelan Currency Devaluations on Multinational Stock Prices Dany Bahar, Carlos A. Molina, and Miguel Angel Santos 5. Downward Wage Rigidities in the Mexican Labor Market: 1996–2011 Laura Juarez and Daniel Casarin de la Cabada 6. I Sell My Vote, and So What? Incidence, Social Bias, and Correlates of Clientelism in Colombia Leopoldo Fergusson, Carlos Molina, and Juan Felipe Riaño
Journal of the Latin American and Caribbean Economic Association, Spring 2011 Contents: • Editors' Summary • Buying Less but Shopping More: The Use of Nonmarket Labor during a Crisis By David McKenzie and Ernesto Schargrodsky • Workers' Remittances and the Equilibrium Real Exchange Rate: Theory and Evidence By Adolfo Barajas, Ralph Chami, Dalia Hakura, and Peter Montiel • Do Political Budget Cycles Differ in Latin American Democracies? By Lorena G. Barberia and George Avelino • Recent Trends in Income Inequality in Latin America By Leonardo Gasparini, Guillermo Cruces, and Leopoldo Tornarolli
In this compelling and comprehensive look at the rise of Evo Morales and Bolivia’s Movimiento al Socialismo (MAS), Linda Farthing and Benjamin Kohl offer a thoughtful evaluation of the transformations ushered in by the western hemisphere’s first contemporary indigenous president. Accessible to all readers, Evo’s Bolivia not only charts Evo’s rise to power but also offers a history of and context for the MAS revolution’s place in the rising “pink tide” of the political left. Farthing and Kohl examine the many social movements whose agendas have set the political climate in Bolivia and describe the difficult conditions the administration inherited. They evaluate the results of Evo’s policies by examining a variety of measures, including poverty; health care and education reform; natural resources and development; and women’s, indigenous, and minority rights. Weighing the positive with the negative, the authors offer a balanced assessment of the results and shortcomings of the first six years of the Morales administration. At the heart of this book are the voices of Bolivians themselves. Farthing and Kohl interviewed women and men in government, in social movements, and on the streets throughout the country, and their diverse backgrounds and experiences offer a multidimensional view of the administration and its progress so far. Ultimately the “process of change” Evo promised is exactly that: an ongoing and complicated process, yet an important example of development in a globalized world.
This book analyses the processes, mutations and trends currently characterising the world of work that are bound up within the deep contradictions of a global capitalist system troubled by systemic crisis, where the old Fordist and Keynesian state order has been substituted by a minimal, pro-business neoliberal State founded on the intensive restructuring of economic and productive systems and work organisation, characterised by labour deregulation, flexibility, super-exploitation and social precariousness. This is a work that illustrates the paradigmatic transition from social and labour relations based on job security, comprehensive collective agreements and guaranteed social rights, towards new social relations that find their technical, political and organizational roots in job insecurity, work rotation and monumental social insecurity, generally expressed in the systemic and growing loss of social and labour rights by workers the world over. First published in Spanish by the Facultad de Ciencias Políticas y Sociales de la UNAM and Editorial Miguel Ángel de Porrúa as Los rumbos del trabajo. Superexplotación y precariedad social en el siglo XXI, Mexico, 2012.
Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.
This text seeks to raise the curtain on competitive pricing strategies and asserts that businesses often miss their best opportunity for providing consumers with what they want - an experience. It presents a strategy for companies to script and stage the experiences provided by their products.
The forgotten history of the liberal radicals, socialist internationalists, feminists, and Christians who envisioned free trade as the necessary prerequisite for anti-imperialism and peace Today, free trade is often associated with right-wing free marketeers. In Pax Economica, historian Marc-William Palen shows that free trade and globalisation in fact have roots in nineteenth-century left-wing politics. In this counterhistory of an idea, Palen explores how, beginning in the 1840s, left-wing globalists became the leaders of the peace and anti-imperialist movements of their age. By the early twentieth century, an unlikely alliance of liberal radicals, socialist internationalists, feminists, and Christians envisioned free trade as essential for a prosperous and peaceful world order. Of course, this vision was at odds with the era’s strong predilections for nationalism, protectionism, geopolitical conflict, and colonial expansion. Palen reveals how, for some of its most radical left-wing adherents, free trade represented a hard-nosed critique of imperialism, militarism, and war. Palen shows that the anti-imperial component of free trade was a phenomenon that came to encompass the political left wing within the British, American, Spanish, German, Dutch, Belgian, Italian, Russian, French, and Japanese empires. The left-wing vision of a “pax economica” evolved to include supranational regulation to maintain a peaceful free-trading system—which paved the way for a more liberal economic order after World War II and such institutions as the United Nations, the European Union, and the World Trade Organization. Palen’s findings upend how we think about globalisation, free trade, anti-imperialism, and peace. Rediscovering the left-wing history of globalism offers timely lessons for our own era of economic nationalism and geopolitical conflict.
An expert guide to Cuba’s economic opening to the outside world. Ninety miles across the Straits of Florida, an exciting new revolution is afoot. This time, instead of guerillas marching down the streets of Havana, it is a global economy that will upend Cuba. Now opening to the world, what new forms is this nascent economy likely to take? Open for Business: The New Cuban Economy, Richard E. Feinberg’s new book, examines the Cuban economy as it makes its early steps into developing a more dynamic market economy. He examines key issues like the role foreign investors will play, how Cubans will forge a path to entrepreneurship, and the roadmaps suggested by other emerging economies. As Cuba’s economy awakens from the post-Castro dream, it will do so with a flavor that is uniquely Cuban. Feinberg’s book—enriched by interviews and in-depth field research conducted over the last five years—speaks both to Cuba’s legacy and to its new horizons on the world stage.