Latin America and the Caribbean's Long-Term Growth

World Bank

Publication:
Latin America and the Caribbean's Long-Term Growth: Made in China?

dc.contributor.author	World Bank
dc.date.accessioned	2017-05-19T18:59:25Z
dc.date.available	2017-05-19T18:59:25Z
dc.date.issued	2011-09
dc.description.abstract	This semiannual report examines short-run and long-run challenges for economic growth for the Latin America and the Caribbean (LAC) region in the aftermath of the 2008-09 global financial crisis. The first part of this report provides an overview of recent economic developments, including an analysis of the sources of external risks for short-term economic activity in the region, and an in-depth look at whether LAC can leverage its deepening connections with China and turn it into an important (but not the only one) source of long-term growth. It also discusses policy response options for the short and long-term horizons. The second part of the report documents and analyzes the emergence, over the last decade, of a downward trend in education earnings premia (the additional earnings associated with a higher level of education), which is believed to reflect a re-balancing between higher supply and lower demand for skills.	en
dc.identifier	http://documents.worldbank.org/curated/en/208581468266159691/Latin-America-and-the-Caribbeans-long-term-growth-made-in-China
dc.identifier.uri	http://hdl.handle.net/10986/26674
dc.language	English
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	LAC Semiannual Report;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	ADVANCED COUNTRIES
dc.subject	ADVANCED ECONOMIES
dc.subject	ADVANCED ECONOMY
dc.subject	ADVERSE EFFECTS
dc.subject	AGGREGATE DEMAND
dc.subject	ANNUAL GROWTH
dc.subject	AVERAGE GROWTH
dc.subject	BALANCE SHEET
dc.subject	BANKING SYSTEMS
dc.subject	BASIS POINTS
dc.subject	BENCHMARK
dc.subject	BILATERAL TRADE
dc.subject	BINDING CONSTRAINTS
dc.subject	BUFFERS
dc.subject	BUSINESS CYCLES
dc.subject	BUSINESS ENVIRONMENT
dc.subject	CAPACITY CONSTRAINTS
dc.subject	CAPITAL ACCOUNT
dc.subject	CAPITAL ACCUMULATION
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL FORMATION
dc.subject	CAPITAL GOODS
dc.subject	CAPITAL INFLOW
dc.subject	CAPITAL INFLOWS
dc.subject	CENTRAL BANKS
dc.subject	COMMODITIES
dc.subject	COMMODITY
dc.subject	COMMODITY EXPORTS
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	COMPARATIVE ADVANTAGE
dc.subject	COMPETITIVE EXCHANGE
dc.subject	COMPETITIVE EXCHANGE RATES
dc.subject	COMPETITIVENESS
dc.subject	CONNECTIVITY
dc.subject	CONSOLIDATION
dc.subject	CURRENCY
dc.subject	CURRENCY APPRECIATION
dc.subject	CURRENCY MISMATCHES
dc.subject	DEBT
dc.subject	DECISION MAKING
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPED WORLD
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPING ECONOMIES
dc.subject	DOMESTIC SAVINGS
dc.subject	DYNAMIC EMERGING ECONOMIES
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC DEVELOPMENTS
dc.subject	ECONOMIC DOWNTURN
dc.subject	ECONOMIC DYNAMICS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC OUTLOOK
dc.subject	ECONOMIC OVERHEATING
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC PROGRESS
dc.subject	ECONOMIC RESEARCH
dc.subject	EDUCATIONAL ATTAINMENT
dc.subject	ELASTICITY
dc.subject	EMERGING MARKETS
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATE POLICIES
dc.subject	EXCHANGE RATES
dc.subject	EXPANSIONARY MONETARY POLICY
dc.subject	EXPORT COMPETITIVENESS
dc.subject	EXPORT REVENUE
dc.subject	EXPORTS
dc.subject	EXTERNAL CONDITIONS
dc.subject	EXTERNAL SHOCKS
dc.subject	FACTORS OF PRODUCTION
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INTEGRATION
dc.subject	FINANCIAL POLICIES
dc.subject	FINANCIAL RESOURCES
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL SYSTEMS
dc.subject	FISCAL POLICIES
dc.subject	FISCAL POLICY
dc.subject	FIXED INVESTMENT
dc.subject	FLEXIBLE EXCHANGE RATES
dc.subject	FORECASTS
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GINI COEFFICIENT
dc.subject	GLOBAL ECONOMIC LANDSCAPE
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL EXPORTS
dc.subject	GLOBAL RISK
dc.subject	GLOBAL STOCK MARKETS
dc.subject	GOLD STANDARD
dc.subject	GROWTH FRONT
dc.subject	GROWTH MODEL
dc.subject	GROWTH PERFORMANCE
dc.subject	GROWTH POTENTIAL
dc.subject	GROWTH PROJECTIONS
dc.subject	GROWTH PROSPECTS
dc.subject	GROWTH RATE
dc.subject	GROWTH RATES
dc.subject	HIGH GROWTH
dc.subject	HIGH INCOME COUNTRIES
dc.subject	HUMAN CAPITAL
dc.subject	INCOME
dc.subject	INCOME INEQUALITY
dc.subject	INCOME LEVELS
dc.subject	INCREASING RETURNS
dc.subject	INCREASING RETURNS TO SCALE
dc.subject	INDEBTEDNESS
dc.subject	INFLATION
dc.subject	INFLATION EXPECTATIONS
dc.subject	INFLATION RATE
dc.subject	INFLATION RATES
dc.subject	INFLATION TARGETING
dc.subject	INFLATIONARY PRESSURES
dc.subject	INFORMATION TECHNOLOGY
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INTEREST RATE
dc.subject	INTEREST RATES
dc.subject	INTERMEDIATE GOODS
dc.subject	INTERMEDIATE INPUTS
dc.subject	INTERNATIONAL FINANCIAL MARKETS
dc.subject	INTERNATIONAL RESERVE
dc.subject	INTERNATIONAL RESERVE POSITIONS
dc.subject	INTERNATIONAL TRADE
dc.subject	KNOWLEDGE DEVELOPMENT
dc.subject	LABOR COSTS
dc.subject	LABOR MARKETS
dc.subject	LEVERAGE
dc.subject	LIQUIDITY
dc.subject	LIVING STANDARDS
dc.subject	LOCAL CURRENCY
dc.subject	LONG-RUN GROWTH
dc.subject	LONG-TERM GROWTH
dc.subject	LOW INFLATION
dc.subject	MACROECONOMIC POLICIES
dc.subject	MACROECONOMIC POLICY
dc.subject	MARGINAL PRODUCT
dc.subject	MARKET TRENDS
dc.subject	MARKET VOLATILITY
dc.subject	MEDIUM TERM
dc.subject	METALS
dc.subject	MIDDLE INCOME COUNTRIES
dc.subject	MONETARY AUTHORITY
dc.subject	MONETARY POLICY
dc.subject	MORTGAGE
dc.subject	MORTGAGE MARKET
dc.subject	NATURAL RESOURCE
dc.subject	NATURAL RESOURCES
dc.subject	OUTPUT GAP
dc.subject	OUTPUT GROWTH
dc.subject	OUTSOURCING
dc.subject	PER CAPITA INCOME
dc.subject	POLICY ENVIRONMENT
dc.subject	POLICY MAKERS
dc.subject	POLITICAL SYSTEM
dc.subject	PORTFOLIO
dc.subject	POTENTIAL OUTPUT
dc.subject	POVERTY RATES
dc.subject	PRIMARY EDUCATION
dc.subject	PRIMARY PRODUCTS
dc.subject	PRO-POOR
dc.subject	PRODUCERS
dc.subject	PRODUCTION COSTS
dc.subject	PRODUCTION STRUCTURE
dc.subject	PRODUCTIVITY
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PRODUCTIVITY INCREASES
dc.subject	PUBLIC DEBT
dc.subject	PUBLIC FINANCES
dc.subject	PUBLIC INFRASTRUCTURE
dc.subject	PUBLIC POLICIES
dc.subject	PUBLIC SECTOR
dc.subject	PURCHASING POWER
dc.subject	RATE OF GROWTH
dc.subject	REAL ECONOMIC ACTIVITY
dc.subject	REAL GDP
dc.subject	REAL GROWTH RATE
dc.subject	RELATIVE PRICES
dc.subject	RICH COUNTRIES
dc.subject	RISK AVERSION
dc.subject	SAFETY NETS
dc.subject	SAVINGS
dc.subject	SKILLED WORKERS
dc.subject	SOCIAL PROTECTION
dc.subject	SOCIAL SAFETY NETS
dc.subject	SOCIAL SECURITY
dc.subject	SOVEREIGN DEBT
dc.subject	STOCK MARKETS
dc.subject	SUSTAINABLE GROWTH
dc.subject	SYSTEMIC RISK
dc.subject	TECHNOLOGICAL PROGRESS
dc.subject	TECHNOLOGY FRONTIER
dc.subject	TERMS OF TRADE
dc.subject	TOTAL FACTOR PRODUCTIVITY
dc.subject	TRADE LIBERALIZATION
dc.subject	TRADE OPENNESS
dc.subject	TRADING SYSTEM
dc.subject	TREASURY
dc.subject	TREASURY BILLS
dc.subject	TURNOVER
dc.subject	UNCERTAINTIES
dc.subject	UNCERTAINTY
dc.subject	UNSKILLED LABOR
dc.subject	VALUE ADDED
dc.subject	VIRTUOUS CYCLES
dc.subject	WAGES
dc.subject	WORLD DEVELOPMENT INDICATORS
dc.subject	WORLD ECONOMY
dc.subject	WORLD INVESTMENT REPORT
dc.title	Latin America and the Caribbean's Long-Term Growth	en
dc.title.alternative	Crecimiento a largo plazo de America Latina y el Caribe : ¿Hecho en China?	en
dc.title.subtitle	Made in China?	en
dc.type	Serial	en
dc.type	Sériel	fr
dc.type	Serial	es
dspace.entity.type	Publication
okr.date.disclosure	2011-09
okr.doctype	Publications & Research
okr.doctype	Publications & Research :: Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/208581468266159691/Latin-America-and-the-Caribbeans-long-term-growth-made-in-China
okr.identifier.externaldocumentum	000442464_20130508120654
okr.identifier.internaldocumentum	17682958
okr.identifier.report	77443
okr.imported	true
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/208581468266159691/pdf/774430WP0Annua00Box377297B00PUBLIC0.pdf	en
okr.region.administrative	Latin America & Caribbean
okr.region.geographical	Caribbean
okr.region.geographical	Central America
okr.region.geographical	Latin America
okr.topic	Environment :: Environmental Economics & Policies
okr.topic	Private Sector Development :: Emerging Markets
okr.topic	Poverty Reduction :: Achieving Shared Growth
okr.topic	Finance and Financial Sector Development :: Currencies and Exchange Rates
okr.topic	Macroeconomics and Economic Growth :: Economic Growth
okr.topic	Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic	Macroeconomics and Economic Growth :: Macroeconomic Management
okr.unit	Chief Economist Latin America and Caribbean Region