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Author | : Mr.Frederik G Toscani |
Publisher | : International Monetary Fund |
Total Pages | : 35 |
Release | : 2017-02-10 |
Genre | : Nature |
ISBN | : 1475577575 |
Download The Impact of Natural Resource Discoveries in Latin America and the Caribbean Book in PDF, ePub and Kindle
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.
Author | : Frederik Toscani |
Publisher | : |
Total Pages | : 36 |
Release | : 2017 |
Genre | : |
ISBN | : |
Download The Impact of Natural Resource Discoveries in Latin America and the Caribbean Book in PDF, ePub and Kindle
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.
Author | : Frederik Toscani |
Publisher | : |
Total Pages | : 35 |
Release | : 2017 |
Genre | : |
ISBN | : |
Download The Impact of Natual Resource Discoveries in Latin America and the Caribbean Book in PDF, ePub and Kindle
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 crosscountry results and to study the impact of discoveries at the subnational level.
Author | : Bárbara A. Willaarts |
Publisher | : Routledge |
Total Pages | : 455 |
Release | : 2014-04-24 |
Genre | : Technology & Engineering |
ISBN | : 1134682808 |
Download Water for Food Security and Well-being in Latin America and the Caribbean Book in PDF, ePub and Kindle
This volume provides an analytical and facts-based overview on the progress achieved in water security in Latin America and the Caribbean (LAC) region over during the last decade, and its links to regional development, food security and human well-being. Although the book takes a regional approach, covering a vast of data pertaining to most of the LAC region, some chapters focus on seven countries (Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru). A full understanding of LAC’s trends progress requires framing this region in the global context: an ever more globalized world where LAC has an increasing geopolitical power and a growing presence in international food markets. The book’s specific objectives are: (1) exploring the improvements and links between water and food security in LAC countries; (2) assessing the role of the socio-economic ‘megatrends’ in LAC, identifying feedback processes between the region’s observed pattern of changes regarding key biophysical, economic and social variables linked to water and food security; and (3) reviewing the critical changes that are taking place in the institutional and governance water spheres, including the role of civil society, which may represent a promising means to advancing towards the goal of improving water security in LAC. The resulting picture shows a region where recent socioeconomic development has led to important advances in the domains of food and water security. Economic growth in LAC and its increasingly important role in international trade are intense in terms of use of natural resources such as land, water and energy. This poses new and important challenges for sustainable development. The reinforcement of national and global governance schemes and their alignment on the improvement of human well-being is and will remain an inescapable prerequisite to the achievement of long-lasting security. Supporting this bold idea with facts and science-based conclusions is the ultimate goal of the book.
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : |
Genre | : |
ISBN | : |
Download Natural Resources in Latin America and the Caribbean - No.4 Book in PDF, ePub and Kindle
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.
Author | : Emily Sinnott |
Publisher | : World Bank Publications |
Total Pages | : 82 |
Release | : 2010-01-01 |
Genre | : BUSINESS & ECONOMICS |
ISBN | : 9780821384824 |
Download Natural Resources in Latin America and the Caribbean Book in PDF, ePub and Kindle
"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."
Author | : Osmel E. Manzano M. |
Publisher | : Routledge |
Total Pages | : 240 |
Release | : 2017-11-15 |
Genre | : Business & Economics |
ISBN | : 1351618865 |
Download The Economics of Natural Resources in Latin America Book in PDF, ePub and Kindle
Revenues from commodities are extremely important for Latin America and the Caribbean, yet there is very little literature on the structure of these industries and on the various ways in which the state obtains commodity revenues. This book aims to understand the trade-off between the degree of taxation overall, the profitability of the relevant industry and the amount of investment and subsequent production in the region, as well as the relevance of institutions in the performance of the sector. This volume focuses on economic efficiency: where Latin America stands in terms of the current tax system for the extractive sector; how policies have changed in this regard; and how policies may be improved. The Economics of Natural Resources in Latin America is timely, since this new era of lower and volatile prices and possible reconfiguration of investment flows poses a challenge to natural resource tax systems in the world. The argument of the book will be made by a collection of papers around the issue of tax efficiency in the region and concludes with chapters on institutions and the role of transparency. This book shows that there are varieties of experiences in resource taxation and management of revenues in Latin America that could be used to shape policy interventions in other regions. This variety is not only related to their diverse impact on welfare, but also on the policy challenges faced by the countries in the region. This volume is well suited for those who study and find interest in development economics, political economy and public finance, as well as policy
Author | : Aldemaro Romero |
Publisher | : Springer Science & Business Media |
Total Pages | : 306 |
Release | : 2006-02-23 |
Genre | : Science |
ISBN | : 1402037740 |
Download Environmental Issues in Latin America and the Caribbean Book in PDF, ePub and Kindle
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.
Author | : Joseph Grunwald |
Publisher | : Johns Hopkins University Press |
Total Pages | : 522 |
Release | : 1970 |
Genre | : Business & Economics |
ISBN | : |
Download Natural Resources in Latin American Development Book in PDF, ePub and Kindle
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.
Author | : Mr.Frederik G Toscani |
Publisher | : International Monetary Fund |
Total Pages | : 35 |
Release | : 2017-02-20 |
Genre | : Nature |
ISBN | : 1475579721 |
Download The Impact of Natural Resource Discoveries in Latin America and the Caribbean Book in PDF, ePub and Kindle
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.