Banking Opportunities in South America

Banking Opportunities in South America PDF Author: United States. Department of Commerce
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 184

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Banking Opportunities in South America

Banking Opportunities in South America PDF Author: United States. Department of Commerce
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 184

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Book Description


Employment in Crisis

Employment in Crisis PDF Author: Joana Silva
Publisher: World Bank Publications
ISBN: 1464816913
Category : Business & Economics
Languages : en
Pages : 327

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Book Description
A region known for its volatility, Latin America and the Caribbean (LAC) has suffered severe economic and social setbacks from crises—including the COVID-19 pandemic. These crises have taken their toll on careers, wage growth, and productivity. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America provides new evidence on the effects of crises on the region’s workers and firms and suggests several policy responses that can bolster long-term and inclusive economic growth. This report has three key findings. First, crises lead to persistent employment losses and accelerate structural changes away from the formal sector. This change occurs more through reductions in the creation of formal jobs than through job destruction. Second, some workers recover from crises, while others are permanently scarred by them. Low-skilled workers can suffer up to a decade of lower earnings caused by crises, while high-skilled workers rebound fast, exacerbating the LAC region’s high level of inequality. Formal workers suffer smaller employment and wage losses in localities with higher rates of informality. And the reduced job flows caused by crises decrease welfare, but workers in localities with more job opportunities, whether formal or informal, bounce back better. Third, crises’ cleansing effects can increase efficiency and productivity, but these effects are dampened by the LAC region’s less competitive market structure. Rather than becoming more agile and productive during economic downturns, protected sectors and firms gain market share and crowd out others, trapping valuable resources. This report proposes a three-pronged mix of policies to improve the LAC region’s responses to crises: •Create a more stable macroeconomic environment to smooth the impacts of crises, including automatic stabilizers such as unemployment insurance and short-term compensation programs; •Increase the capacity of social protection and labor programs to respond to crises and coalesce these programs into systems that complement income support with reemployment assistance and reskilling opportunities; and •Tackle structural issues, including the lack of product market competition and the spatial dimension behind poor labor market adjustment—a “good jobs and good firms†? agenda.

Central Banking in Latin America

Central Banking in Latin America PDF Author: Mr.Luis Ignacio Jácome
Publisher: International Monetary Fund
ISBN: 1484303180
Category : Business & Economics
Languages : en
Pages : 57

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This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.

Commerce Reports

Commerce Reports PDF Author: United States. Bureau of Foreign and Domestic Commerce
Publisher:
ISBN:
Category : Consular reports
Languages : en
Pages : 58

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Reports of the Department of Commerce. Report of the Secretary of Commerce and Reports of Bureaus

Reports of the Department of Commerce. Report of the Secretary of Commerce and Reports of Bureaus PDF Author: United States. Department of Commerce
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1388

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Special Agents' Series

Special Agents' Series PDF Author:
Publisher:
ISBN:
Category : Manufactures
Languages : en
Pages : 958

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Miscellaneous Series

Miscellaneous Series PDF Author:
Publisher:
ISBN:
Category : Argentina
Languages : en
Pages : 474

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Going Viral

Going Viral PDF Author: Guillermo Beylis
Publisher:
ISBN: 9781464814488
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Following the so-called "Golden Decade" (2003-2013) of rapid development and strong improvements in social indicators, economic growth has stalled in Latin America and the Caribbean region (LAC). Today, the external environment no longer provides tailwinds to foster an economic rebound. Foreign direct investment has moderated, trade has slowed amid elevated tensions, financing conditions are tightening, and commodity prices are expected to remain flat in the short and medium term. The region therefore needs to find internal sources of growth and focus on a productivity-enhancing reform agenda. The report analyzes the structural transformation process in LAC and evaluates if the "premature de-industrialization" patterns observed in the data are a result of distortive policies or if they represent an efficient (i.e. growth maximizing) reallocation of resources responding to the underlying drivers of structural transformation. An important message of the report is that policy makers should not focus on sectoral size but rather on productivity growth. The emergence of new technologies--under the banner of the "4th Industrial Revolution"--suggests that opportunities for further industrialization or re-industrialization are likely to be limited in many developing countries. Looking forward, the region needs to develop a productivity agenda with a special focus on the services sector. Already the largest employer in the region with over 60 percent of the workforce, the services sector is expected to grow even further and play an increasingly crucial role as an input provider to the larger economy. In short, there is a need for a comprehensive set of service-sector oriented policies. The report concludes that three major economic forces are changing the nature of work and the demand for skills. First, the structural transformation process, in general, and the de-industrialization pattern observed for the economies in the region, in particular, imply that future job growth will occur mainly in the services sector. Second, the shift in economic structure is being accompanied by a transformation of the occupational structure within broad economic sectors. The importance of service occupations--those that produce intangible value added such as marketers, managers, designers--is increasing in all sectors of the economy. Third, as machines replace humans in carrying out simpler, more routine tasks, workers will have to adapt and perform a different set of tasks in the workplace. What may become more important as new automation technologies are adopted in LAC countries, is adult learning and re-training.

Consumption Estimates Showing Production, Imports, Exports, and Amounts Available for Consumption of Various Articles in the United States by Years Specified

Consumption Estimates Showing Production, Imports, Exports, and Amounts Available for Consumption of Various Articles in the United States by Years Specified PDF Author: United States. Bureau of Foreign and Domestic Commerce
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 388

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Miscellaneous Series ...

Miscellaneous Series ... PDF Author: United States. Bureau of Foreign and Domestic Commerce
Publisher:
ISBN:
Category : Consular reports
Languages : en
Pages : 966

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