Skills versus Luck: Bolivia and its recent Bonanza | Latin American Economic Review
Lunes, 29 julio 2019
This paper uses different approaches to determine the contribution of internal policies and external factors on the good performance of the Bolivian economy in the recent past. It is demonstrated that the extremely favorable external conditions are mainly responsible for its bonanza, and that the domestic policies have, probably, caused more harm, than good. The
- Published in Revistas CIDE
Structural change, marginal land and economic development in Latin America and the Caribbean
Sábado, 15 febrero 2014
Empirical evidence indicates that in Latin America and the Caribbean, households on less favored, or marginal, agricultural land form a “residual” pool of rural labor. Edward B. Barbier and John S. Bugas mention that although the modern sector may be the source of dynamic growth through learning-by-doing and knowledge spillovers, patterns of labor, land and other
- Published in Revistas CIDE