Pub Date : 2022-02-16DOI: 10.18356/16840348-2021-134-5
Carmem Feijo, L. Punzo, Marcos Tostes Lamônica
This paper discusses different growth trajectories in a selection of Latin American economies, namely Argentina, Brazil, Chile and Mexico, comparing the phase of import substitution growth strategies with the more recent period of financial integration into the world economy. Our working hypothesis is that different growth trajectories result from the linkages between macroeconomic conditions and changes in production structures. When policy space becomes narrower, long-term growth performance is impaired and structural change will not usually enhance growth potential. We carry out an analysis based on the framework space methodology, which serves to compare phases of growth described as an evolving coupling of the dynamic profile of productivity growth (a supply-side condition) with the behaviour of capital accumulation (a demand-side condition). In light of the framework space comparative analysis, our main conclusion is that economic opening in the 1990s did nothing to further the catching-up process in any of the four economies.
{"title":"The growth trajectories of Argentina, Brazil, Chile and Mexico: a comparative view through the framework space lens","authors":"Carmem Feijo, L. Punzo, Marcos Tostes Lamônica","doi":"10.18356/16840348-2021-134-5","DOIUrl":"https://doi.org/10.18356/16840348-2021-134-5","url":null,"abstract":"This paper discusses different growth trajectories in a selection of Latin American economies, namely Argentina, Brazil, Chile and Mexico, comparing the phase of import substitution growth strategies with the more recent period of financial integration into the world economy. Our working hypothesis is that different growth trajectories result from the linkages between macroeconomic conditions and changes in production structures. When policy space becomes narrower, long-term growth performance is impaired and structural change will not usually enhance growth potential. We carry out an analysis based on the framework space methodology, which serves to compare phases of growth described as an evolving coupling of the dynamic profile of productivity growth (a supply-side condition) with the behaviour of capital accumulation (a demand-side condition). In light of the framework space comparative analysis, our main conclusion is that economic opening in the 1990s did nothing to further the catching-up process in any of the four economies.","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2022-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43710993","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-4
Lorenzo Cassini, Gustavo García Zanotti, M. Schorr
This paper uses stylized facts to analyse the production paths and socioeconomic performance of a group of countries over the last few decades, with a view to making a comparative analysis of the Argentine case. Nine countries were selected for this purpose (Argentina, Australia, Brazil, Chile, China, India, Mexico, Norway and the Republic of Korea); and a long-term analysis was performed by constructing indicators that synthesize the production paths and performance of these economies. The paper concludes that two major types of production paths have predominated during this period. The first is based on dynamic advantages concentrated in high-technology goods, which results in a positive performance. The second is based on static advantages, such as cheap labour or natural resource abundance, which leads to more heterogeneous outcomes. Globalization and national development paths: stylized facts for analysing the Argentine case
{"title":"Globalization and national development paths: Stylized facts for analysing the Argentine case","authors":"Lorenzo Cassini, Gustavo García Zanotti, M. Schorr","doi":"10.18356/16840348-2021-133-4","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-4","url":null,"abstract":"This paper uses stylized facts to analyse the production paths and socioeconomic performance of a group of countries over the last few decades, with a view to making a comparative analysis of the Argentine case. Nine countries were selected for this purpose (Argentina, Australia, Brazil, Chile, China, India, Mexico, Norway and the Republic of Korea); and a long-term analysis was performed by constructing indicators that synthesize the production paths and performance of these economies. The paper concludes that two major types of production paths have predominated during this period. The first is based on dynamic advantages concentrated in high-technology goods, which results in a positive performance. The second is based on static advantages, such as cheap labour or natural resource abundance, which leads to more heterogeneous outcomes. Globalization and national development paths: stylized facts for analysing the Argentine case","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46413703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-8
{"title":"Inequality and social polarization in Chilean municipalities","authors":"","doi":"10.18356/16840348-2021-133-8","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-8","url":null,"abstract":"","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46380996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-5
{"title":"Greening small businesses in small States: The case of Barbados","authors":"","doi":"10.18356/16840348-2021-133-5","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-5","url":null,"abstract":"","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42733542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-10
{"title":"Why do conditional cash transfer programmes fail to target the poor? The case of urban areas in Mexico","authors":"","doi":"10.18356/16840348-2021-133-10","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-10","url":null,"abstract":"","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47917773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-6
Luis René Cáceres
This paper seeks to identify the variables that determine labour productivity in El Salvador. The results show that the extreme openness of the Salvadoran economy, combined with the decline in its investment rate since the mid-1990s, have dampened labour productivity growth —as also has happened in other Central American countries. The study also finds that a country’s productivity is positively influenced by the vitality of quality employment and investment in neighbouring countries. This article concludes by advocating the restoration of protection to the subregion’s production sectors, the promotion of quality education, technology and the acquisition of knowledge and skills.
{"title":"Labour productivity and Central American economic integration: The case of El Salvador","authors":"Luis René Cáceres","doi":"10.18356/16840348-2021-133-6","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-6","url":null,"abstract":"This paper seeks to identify the variables that determine labour productivity in El Salvador. The results show that the extreme openness of the Salvadoran economy, combined with the decline in its investment rate since the mid-1990s, have dampened labour productivity growth —as also has happened in other Central American countries. The study also finds that a country’s productivity is positively influenced by the vitality of quality employment and investment in neighbouring countries. This article concludes by advocating the restoration of protection to the subregion’s production sectors, the promotion of quality education, technology and the acquisition of knowledge and skills.","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43196704","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-1
{"title":"The role of productive and technological capabilities in export dynamics in developing countries","authors":"","doi":"10.18356/16840348-2021-133-1","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-1","url":null,"abstract":"","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43347752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-9
Reyna Elizabeth Rodríguez Pérez, Mona Zelinda, Aguilar Arredondo, Reyna Elizabeth, Rodríguez Pérez
The goal of this study is to analyse the impact of the economic crisis in Mexico on the labour market for women. The analysis is carried out using data from the National Urban Employment Survey (ENEU) and the National Survey of Occupation and Employment (ENOE) for 1987–2016 and applying the decomposition of wage differentials technique proposed by Juhn, Murphy and Pierce (1991 and 1993). Key findings include persistent gender wage gaps in the country, albeit with a slight downward trend, explained largely by unobservable factors, with countercyclical patterns.
{"title":"The effect of the economic crisis on the labour market for women in Mexico, 1987–2016","authors":"Reyna Elizabeth Rodríguez Pérez, Mona Zelinda, Aguilar Arredondo, Reyna Elizabeth, Rodríguez Pérez","doi":"10.18356/16840348-2021-133-9","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-9","url":null,"abstract":"The goal of this study is to analyse the impact of the economic crisis in Mexico on the labour market for women. The analysis is carried out using data from the National Urban Employment Survey (ENEU) and the National Survey of Occupation and Employment (ENOE) for 1987–2016 and applying the decomposition of wage differentials technique proposed by Juhn, Murphy and Pierce (1991 and 1993). Key findings include persistent gender wage gaps in the country, albeit with a slight downward trend, explained largely by unobservable factors, with countercyclical patterns.","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45350974","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-2
Marcos Vinicius Chiliatto-Leite, Marcos Vinicius
The early twenty-first century in Latin America was characterized by a “pink tide”, in which a reorientation of national policies produced positive social outcomes and changed both the regional order and the role of regional integration in the different countries. Alongside this process, the international economy provided relief from the external constraint, which meant that growth paths were not interrupted by balance-of-payments crises. Nonetheless, the progress made in regional integration falls well short of political intentions. This article posits that major transformations occurring at the centre of the international economy prevented the region’s production structure from becoming more diversified. Unfortunately, as existing production structures were reproduced (or reprimarized), external engagement outside the region became deeper and Latin American integration remained constrained and confined to a secondary role.
{"title":"Constrained integration in Latin America: Analysis based on a twenty-first-century centre-periphery vision","authors":"Marcos Vinicius Chiliatto-Leite, Marcos Vinicius","doi":"10.18356/16840348-2021-133-2","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-2","url":null,"abstract":"The early twenty-first century in Latin America was characterized by a “pink tide”, in which a reorientation of national policies produced positive social outcomes and changed both the regional order and the role of regional integration in the different countries. Alongside this process, the international economy provided relief from the external constraint, which meant that growth paths were not interrupted by balance-of-payments crises. Nonetheless, the progress made in regional integration falls well short of political intentions. This article posits that major transformations occurring at the centre of the international economy prevented the region’s production structure from becoming more diversified. Unfortunately, as existing production structures were reproduced (or reprimarized), external engagement outside the region became deeper and Latin American integration remained constrained and confined to a secondary role.","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48370445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-02DOI: 10.18356/16840348-2021-133-7
{"title":"Production fragmentation, foreign trade and structural complexity: A comparative analysis of Brazil and Mexico","authors":"","doi":"10.18356/16840348-2021-133-7","DOIUrl":"https://doi.org/10.18356/16840348-2021-133-7","url":null,"abstract":"","PeriodicalId":46450,"journal":{"name":"Cepal Review","volume":" ","pages":""},"PeriodicalIF":0.6,"publicationDate":"2021-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46132163","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}