Investor Groups, Informal Finance and the Economic Development of Peru PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Investor Groups, Informal Finance and the Economic Development of Peru PDF full book. Access full book title Investor Groups, Informal Finance and the Economic Development of Peru by Robert Joseph Maushammer. Download full books in PDF and EPUB format.
Author: Robert Joseph Maushammer
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 728
Get Book Here
Book Description
Author: Robert Joseph Maushammer
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 728
Get Book Here
Book Description
Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397
Get Book Here
Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging markets and developing economies. Widespread informality may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic—unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes—including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228
Get Book Here
Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals.The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
Author:
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 68
Get Book Here
Book Description
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 254
Get Book Here
Book Description
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. It provides quantitative indicators covering 12 areas of the business environment in 190 economies. The goal of the Doing Business series is to provide objective data for use by governments in designing sound business regulatory policies and to encourage research on the important dimensions of the regulatory environment for firms.
Author: Hernando De Soto
Publisher: Basic Books
ISBN: 0465004016
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
A renowned economist argues for the importance of property rights in "the most intelligent book yet written about the current challenge of establishing capitalism in the developing world" (Economist) "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
Author:
Publisher: World Bank Publications
ISBN: 9780195209921
Category : Business & Economics
Languages : en
Pages : 268
Get Book Here
Book Description
World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.
Author: Alfonso W. Quiroz
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
In exploring the financial history of a chronically indebted Latin American country, Domestic and Foreign Finance in Modern Peru seeks to elucidate the evolving links between private, public and foreign finance in order to assess their contribution to economic development. This novel historical approach allows the revision of commonly accepted views on the presumed insignificance of private financial systems and elite groups during the heyday of export-led growth. Alternatively, the book shows that major setbacks in financial decisions and strategies derived from expansionary public finance and its interaction with foreign financial flows. The book's demonstration rests on extensive evidence and research from private and public archives in Britain, France, Germany, Peru, Spain and the USA. Theoretically, this study contributes to a much-needed comprehensive model to explain financial problems in Latin American export economies.
Author: Augusto Luis Alcorta
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 378
Get Book Here
Book Description
The thesis develops the concept of New Finance Capital (NFC) and defines it as system of related industrial, commercial and banking capital. Affiliates or 'parts' operate in the interest of the 'whole' and as a result obtain 'systemic gains' or 'synergies' unavailable to individual capitals. The achievement of monopoly power in individual industries and the strengthening of overall financial capacity of affiliates are both key elements in the New Finance Capital's strategy.The research then proceeds to operationalise the NFC into that of financial groups and identifies 27 such groupings in the Peruvian economy. These business groupings are mostly controlled by single families and have as members 40% of the largest private domestic firms and all private financial institutions. They account for around 13% of GDP. Although they invest in all sectors, they have a significant share of their capital in the manufacturing industry.In addressing the issue of the 'systemic gains' of these groupings the thesis identifies the increase in the capacity of finance, a reduction in the capital required to control companies, and a saving in the amount of taxes paid as the three most important financial 'synergies' they obtain. Member-banks and insurance companies are crucial to the achievement of these 'synergies'. They allocate a significant proportion of loans to member-firms and they are prepared to take considerable risks for affiliates.The study shows that financial groups locate some member-firms in concentrated and vertically integrated industries which allow for the appropriation of monopoly profits. Monopoly profits provide the additional financing required by members to invest and diversify into other sectors. One important effect of 'systemic' management of finance and the obtention of monopoly profits is that the financial structure of members has a larger proportion of debt relative to equity than non-group firms.The thesis concludes with the observation that Peruvian financial groups have not performed the developmental role of similar organisational forms in countries like Japan or Korea. Although having the financial knowledge and power to diversify into high technology industries Peruvian groups remain in the less dynamic and traditional sectors. Some of the reasons for such impact are then discussed.
Author: Dennis Gilbert
Publisher: Rowman & Littlefield
ISBN: 1442270918
Category : History
Languages : en
Pages : 304
Get Book Here
Book Description
In the last decades of the nineteenth century and early years of the twentieth, a new class—the oligarchy—consolidated its wealth and political power in Latin America. Its members were the sugar planters, coffee growers, cattle barons, and bankers who were growing rich in a rapidly expanding global economy. Examining these immensely powerful groups, Dennis Gilbert provides a systematic comparative history of the rise and ultimate demise of the oligarchies that dominated Latin America for nearly a century. He then sketches a fine-grained portrait of three prominent Peruvian families, providing a vivid window into the everyday exercise of power. Here we see the oligarchs arranging the deportation of “political undesirables,” controlling labor through means subtle and brutal, orchestrating press campaigns, extending credit on easy terms to rising military officers, and financing the overthrow of an unfriendly government. Gilbert concludes by answering three questions: What were the sources of oligarchic power? What were the forces that undermined it? Why did oligarchies persist longer in some countries than in others? His clear, comprehensible, and illuminating analysis will make this an invaluable book for all students of modern Latin America.
