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The Shape of the East Asian Economy to Come
Sometimes we hope to see a "Savior" of the secular world coming from an unknown alien realm. Such imaginings can encourage us to create both new concerns and goals toward which we scramble. We are always looking for the birth of a Venus. Since the "Miracle of East Asia" was pronounced by the World Bank, Asian economic development has been set against a specific background. Tigers have been sought in the jungles of Asia in place of the tragedies found in Africa or South America. However the Asian economic crisis exposed the misconduct of policy advocated by the then dominant worldly consensus. East Asian developments once again gave an urgent impetus to reexamining conventional wisdom. More r...
The Road to the Land of the Mother of God
The Interoceanic Highway is many things to many people: an emblematic project during a period focused on integration, a dream realized for an isolated region, a symbol of the profound fragility of state institutions, a key cause of political corruption, and a major driver of ecological and cultural devastation. This highway links the Andean highlands with the Amazonian lowlands in southern Peru, offering an outlet for Brazil’s emergent economy. While it finally brought an end to the isolation of Madre de Dios and other parts of southern Peru and the western Amazon, it was made possible by political corruption revealed in the Lava Jato scandal, and it permitted the spread of criminal busine...
Mobilizing Aid For Trade
This report was prepared by the Integration and Trade Sector (INT) as a contribution to the regional meeting on Mobilizing Aid for Trade: Latin America and the Caribbean, organized jointly by the IDB and the World Trade Organization (WTO) in collaboration with the World Bank, and hosted by the Government of Peru in Lima on September 13-14, 2007. The meeting is the first of three regional meetings organized by the WTO to prepare for its November 2007 General Council meeting on aid for trade.
Structural Reforms, Technological Gaps and Economic Development
This publication develops a simple appreciative model, which explores some of the issues faced by structural reforms, technological gaps and economic development in Latin America. The first section introduces the issues and provides an overview of the publication. Section two introduces a brief view as to how the evolutionary approach should be adapted to analyze the impact of recent structural reforms upon the specialization pattern and technological capabilities accumulated in so called developing economies. Section three provides a simple macro-to-micro model of the stabilization cum structural reform process. Sections four and five are devoted to investigating recent changes in the pattern of production specialization of the Latin American economies and the relationship such changes have with the exit and entry of firms.
OECD Development Pathways Multi-dimensional Review of Peru Volume 3. From Analysis to Action
Peru has experienced remarkable socio-economic progress over the last two decades, enabling it to join the group of upper middle-income countries around 2010. However, challenges are ahead if the country is not to be caught in various development traps. Overcoming these challenges in the near future to take the economy to the next level and become a country with higher productivity, inclusive development and well-being for all will require sound policy reforms.
