Examine the costs and benefits of fiscal wars between Brazilian statesLatin American Business examines Brazil’s use of fiscal incentives to attract investors to help remedy disparities in the country’s regional distribution of income. Since the 1990s, individual Brazilian states have taken the initiative in trying to lure domestic and foreign firms to locate within their borders, targeting the automotive industry, textiles, and shoe production. But their efforts have led to mixed r...

Brazil is a globally vital but troubled economy. This volume offers comprehensive insight into Brazil's economic development, focusing on its most salient characteristics and analyzing its structural features across various dimensions. This innovative Oxford Handbook provides an understanding of the economy's evolution over time and highlights the implications of the past trajectory and decisions for current challenges and opportunities. The opening section covers the country's ec...

The past century has witnessed profound transitions in Brazil’s economy: from a surge of industrialization connected to export economy, to state projects of importsubstitution industrialization, followed by a process of neoliberal global market integration. How have Brazilian entrepreneurs and businesses navigated these contexts?This comprehensive text explores the institutional and sectoral structure of the Brazilian economy through a collection of new case studies, examining how ...

This book examines a number of the nations—Argentina, Bolivia, Mexico, Nicaragua, and Venezuela—in which the declines were far greater, ranging from -11.9 percent in Mexico to -27.0 percent in Bolivia.

Examine the changing nature of foreign investments in Latin America!Generously enhanced with easy-to-understand charts, tables, and graphs, this book covers the ins and outs of foreign direct investment in the established and emerging markets of Latin America. In addition to an overview of direct investment for the entire Latin American region in the 1990s, this valuable book examines specific countries’ experiences with FDI in that decade. These include Argentina, Chile, Mexico, Brazil, P...

This collection examines the important and topical issue of the economic, social and environmental implications of concerted attempts to diversify energy sources away from fossil fuels. The book expertly examines this issue by focussing on the contrasting experiences of two major economies; one developed, and the other a rapidly expanding, emerging market.Energy, Bio Fuels and Development evaluates the experience of Brazil, with elements of that of the US highlighted for t...

This Peru Country Program Evaluation for the World Bank Group 2003-2009 is part of IEG?s country program evaluation series. To date IEG?s in-depth country evaluations have comprised IEG-WB Country Assistance Evaluations (CAEs) and IEG-IFC Country Impact Reviews (CIRs). Both the CAEs and CIRs have involved comprehensive evaluations of the respective institutions? activities in a country. In a pilot approach this evaluation was prepared by a single IEG team that looked at development interventi...

This book analyzes recent labor market trends in Latin American countries and the factors that underlie the failure to create more and more productive and rewarding jobs, a failure with substantial political and social costs. The authors analyze how growth and job creation in the region's economies compare with other emerging countries, the impact of job creation and destruction on productivity growth and the creation of "good" jobs, and the relative importance and role of labor market p...

90 miles off the coast of Florida a new revolution is afoot. This time instead of guerillas marching through the streets of Havana, it is a global economy that will revolutionize Cuba. Now open to the world, how will this nascent economy develop?Open for Business: The Cuban Economy after Castro, Richard Feinberg’s new book, examines the Cuban economy from its long held and outdated economic model to its early steps into developing a dynamic market economy. He examines key ...

Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or "second generation" reforms. The State of State Reform in Latin America reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a) political institutions and the state organization; b) fiscal instit...

Following some historical background, this paper describes how corruption is manifested in Paraguay. The paper distinguishes between factors that explain the growth performance of Paraguay since 1960 (where corruption does not directly enter as a significant factor) and factors that explain the relative level of income of Paraguay in the past 40 or 50 years compared with other countries. It then illustrates how Paraguay's weak institutions may have led to long-term growth below its potential....

In this book, Roberto Cortés Conde describes and explains the decline of the Argentine economy in the twentieth century, its evolution, and its consequences. At the beginning of the century, the economy grew at a sustained rate, a modern transport system united the country, a massive influx of immigrants populated the land, and education expanded, leading to a dramatic fall in illiteracy. However, by the second half of the century, growth not only stalled, but a dramatic reversal occurred,...