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Paraguay
Esta publicación sintetiza el trabajo analítico desarrollado por especialistas del BID en el marco de preparación de la nueva estrategia del Banco con Paraguay. El documento analiza los desafíos que afronta Paraguay para alcanzar mayores niveles de bienestar y desarrollo, y propone opciones de política para superarlos.
Heterogeneity and Persistence in Returns to Wealth
We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their financial assets (a standard deviation of 14%) and on their net worth (a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth: moving from the 10th to the 90th percentile of the financial weal...
The Art of Truth-telling about Authoritarian Rule
People who have lived through authoritarian rule have stories to tell, truths that have been silenced. But how do individuals begin to speak about a political past that was too horrible for words? How is truth best voiced in a society moving out of authoritarianism? This generously illustrated volume examines the creation of stories, accounts, images, songs, street theater, paintings, and ideas that pay witness to authoritarian pasts in Nigeria, South Africa, Argentina, Chile, Guatemala, Cambodia, Indonesia, the Philippines, Thailand, Bosnia, Serbia, and Croatia. This theme is explored with contributions by scholars, activists, and artists. By examining the past, they hope to teach us to avoid repeating these atrocities.
The Spanish Archives of New Mexico
In what follows can be found the doors to a house of words and stories. This house of words and stories is the Archive of New Mexico and the doors are each of the documents contained within it. Like any house, New Mexico's archive has a tale of its own origin and a complex history. Although its walls have changed many times, its doors and the encounters with those doors hold stories known and told and others not yet revealed. In the Archives, there are thousands of doors (4,481) that open to a time of kings and popes, of inquisition and revolution. "These archives," writes Ralph Emerson Twitchell, "are by far the most valuable and interesting of any in the Southwest." Many of these documents...
The Geology of Chile
This book is the first comprehensive account in English of the geology of Chile, providing a key reference work that brings together many years of research, and written mostly by Chilean authors from various universities and other centres of research excellence. The 13 chapters begin with a general overview, followed by detailed accounts of Andean tectonostratigraphy and magmatism, the amazingly active volcanism, the world class ore deposits that have proven to be so critical to the welfare of the country, and Chilean water resources. The subject then turns to geophysics with an examination of neotectonics and earthquakes, the hazardous frequency of which is a daily fact of life for the Chil...
Defending the Land of the Jaguar
Mexican conservationists have sometimes observed that it is difficult to find a country less interested in the conservation of its natural resources than is Mexico. Yet, despite a long history dedicated to the pursuit of development regardless of its environmental consequences, Mexico has an equally long, though much less developed and appreciated, tradition of environmental conservation. Lane Simonian here offers the first panoramic history of conservation in Mexico from pre-contact times to the current Mexican environmental movement. He explores the origins of conservation and environmental concerns in Mexico, the philosophies and endeavors of Mexican conservationists, and the enactment of important conservation laws and programs. This heretofore untold story, drawn from interviews with leading Mexican conservationists as well as archival research, will be important reading throughout the international community of activists, researchers, and concerned citizens interested in the intertwined issues of conservation and development.
The Europeanization of National Foreign Policies Towards Latin America
Who shapes the European Union's policy towards Latin America? How has this EU policy modified individual member states' relations with the region? This book provides a comparative account of seven member states' bilateral links with Latin America since 1945, in the context of their EU membership and based on the concept of 'Europeanization'. It illustrates how and why the main architects of this EU policy have been Spain and Germany. In contrast, Poland, Sweden and Ireland, which had little previous interaction with Latin America, have developed their current relations with that region virtually as a result of their EU membership. The United Kingdom and France lie in the middle: they have been influential in certain policy-areas and key periods in history, while they have adapted to what is done at the EU level in others. Practitioners, established academic experts as well emerging scholars in the field bring to be bear a novel combination of pioneering research and cutting edge conceptual analysis on this important but neglected area of the EU's foreign relations.
Phoenix Miracles in Emerging Markets
Using a sample of emerging markets that are integrated into global bond markets, we analyse the collapse and recovery phase of output collapses that coincide with systemic sudden stops, defined as periods of skyrocketing aggregate bond spreads and large capital flow reversals. Our findings indicate the presence of a very similar pattern across different episodes: output recovers with virtually no recovery in either domestic or foreign credit, a phenomenon that we call Phoenix Miracle, where output "rises from its ashes", suggesting that firms go through a process of financial engineering to restore liquidity outside the formal credit markets. Moreover, we show that the US Great Depression could be catalogued as a Phoenix Miracle. However, in contrast to the US Great Depression, EM output collapses occur in a context of accelerating price inflation and falling real wages, casting doubts on price deflation and nominal wage rigidity as key elements in explaining output collapse, and suggesting that financial factors are prominent for understanding these collapses.
The Zapatista Movement and Mexico's Democratic Transition
Transitions from authoritarian to democratic governments can provide ripe scenarios for the emergence of new, insurgent political actors and causes. During peaceful transitions, such movements may become influential political players and gain representation for previously neglected interests and sectors of the population. But for this to happen, insurgent social movements need opportunities for mobilization, success, and survival. This book looks at Mexico's Zapatista movement, and why the movement was able to mobilize sympathy and support for the indigenous agenda inside and outside of the country, yet failed to achieve their goals vis-à-vis the Mexican state.
