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Author: Mr.Frederik G Toscani
Publisher: International Monetary Fund
ISBN: 1475579721
Category : Nature
Languages : en
Pages : 35
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Book Description
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: Mr.Frederik G Toscani
Publisher: International Monetary Fund
ISBN: 1475579721
Category : Nature
Languages : en
Pages : 35
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Book Description
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:
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
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:
ISBN:
Category :
Languages : en
Pages : 35
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Book Description
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
ISBN: 1134682808
Category : Technology & Engineering
Languages : en
Pages : 455
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Book Description
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:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
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: Osmel E. Manzano M.
Publisher: Routledge
ISBN: 1351618865
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
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
ISBN: 1402037740
Category : Science
Languages : en
Pages : 306
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Book Description
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
ISBN:
Category : Business & Economics
Languages : en
Pages : 522
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Book Description
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: NU. CEPAL.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In 2021, Latin America and the Caribbean saw an increase in the prices of the main export commodities, mainly as a result of the recovery in global demand following the impact of the COVID-19 pandemic.Issue No. 3 of the ECLAC Natural Resources in Latin America and the Caribbean Bulletin, prepared by the Natural Resources Division of ECLAC, offers an analysis of the movements in prices of non-renewable natural resources and agricultural products in Latin America and the Caribbean, considering the effects of climate change, the COVID-19 pandemic and sustainable economic recovery in the region.The international prices of non-renewable natural resources rose significantly in 2021 and contributed to the economic recovery in the region, particularly in hydrocarbon and metallicmineral- exporting countries. Similarly, agricultural commodity prices rose rapidly in the second half of 2020 and the first half of 2021, which saw agricultural price indices reach 10- year highs. This largely benefited producing countries, however, the combination of high prices and declining incomes is adversely affecting consumers through inflation, particularly the most vulnerable households.
Author: NU. CEPAL.
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Issue No. 2 of the ECLAC Natural Resources in Latin America and the Caribbean Bulletin Analyses the relationship between gender and the region' s key natural resources: biodiversity, water, energy, food and mining. It identifies the main economic, social and environmental impacts of the gender gap and the opportunities that exist for incorporating a gender perspective into public policies for those resources.
