...Research project: The relationship between: the annual growth rate of GDP per capita and the public expenditure in Latin America. F29 F33 F43 O19 My goal for this research project is to examine the relationships that exists in between the annual growth rate per capita and public expenditure in Latin America. What I wanted to see is if a higher growth rate of GDP meant that a higher percentage was spent in the public sector. Data was gathered from the ECLAC, The World Bank and also the International Monetary Fund. Introduction The reason I was very attracted in this research is because as someone born in South America and lately Latin America has been doing better than before, and visiting South America the past year I have seen how infrastructure has improved lately so I was very interested in seeing how big of a role public expenditure plays in countries that are developing. Expenditure on welfare, health and education are an essential part of what governments do to enhance the quality of life of their citizens and the human capital base of their societies. My focus on public and social expenditure in Latin America is mainly guided by the concern of how Governments utilizes existing policies and seeing how these theories and policies have helped increase Latin America’s GDP. In Latin America we find a great variation in social policy regimes; ranging from Uruguay and Argentina, where a large majority of the population is covered by social policy and has decent...
Words: 2169 - Pages: 9
...agents, and our licensors make no representations or warranties whatsoever as to the accuracy, completeness, or suitability for any purpose of the Content. Any opinions and views expressed in this publication are the opinions and views of the authors, and are not the views of or endorsed by Taylor & Francis. The accuracy of the Content should not be relied upon and should be independently verified with primary sources of information. Taylor and Francis shall not be liable for any losses, actions, claims, proceedings, demands, costs, expenses, damages, and other liabilities whatsoever or howsoever caused arising directly or indirectly in connection with, in relation to or arising out of the use of the Content. This article may be used for research, teaching, and private...
Words: 15852 - Pages: 64
...10/24/2014 Mercosur: South America's Fractious Trade Bloc - Council on Foreign Relations Mercosur: South America's Fractious Trade Bloc Authors: Joanna Klonsky, Associate Editor, Stephanie Hanson, and Brianna Lee Updated: July 31, 2012 This publication is now archived. Introduction What is Mercosur? What are associate members? Why was Paraguay suspended as a Mercosur member? What are the implications of Venezuela joining as a full member? Does Mercosur have a political agenda? How does Mercosur affect other regional groups? How has Mercosur stimulated cooperation among its members? What are the prospects for Mercosur's future? Introduction Mercosur, the "Common Market of the South," is an economic and political agreement among Argentina, Brazil, Paraguay (which is currently suspended), and Uruguay to promote the free movement of goods, services and people among member states. Mercosur's primary interest has been eliminating obstacles to regional trade, such as high tariffs and income inequalities. Yet experts say Mercosur has become somewhat paralyzed in recent years, with its members divided over whether the organization should remain focused on regional trade or whether it should add political affairs to its mandate. In July 2012, Venezuela was admitted to the trade bloc as its fifth full member with complete access to the common market and voting rights, a move that some analysts say will primarily benefit Argentina and Brazil and further politicize the organization...
Words: 2334 - Pages: 10
...ROAD OF A PROMISING FUTURE? | | |[pic] | |Fall 2012 | | | |This paper will be taking a deep look into how Mercosur affected its member countries when it was first created and| | |what the consequences were to take them to where they are now. | | | | | | | Introduction: This paper will take a deep look into a trade agreement created in March 1991 between Argentina, Brazil, Paraguay, and Uruguay, called Mercosur (Mercado Común del Sur, or Southern Common Market). After understanding what a trade agreement is and what are the benefits and disadvantages of being part of one, I will analyze how the agreement changed the economy and overall welfare of the countries involved and how did their interactions changed ever since. Not only will the countries that are part of the agreement...
Words: 3152 - Pages: 13
...Bolivia History, Economics & Politics | | | | | 2/21/2013 | | In this research paper I will be discussing three topics of the country of Bolivia. The three topics that I will be discussing is history of Bolivia during the 20th century, the current economic situation, and the politics of the country of Bolivia. The first topic that I am going to discuss is 20th century history of Bolivia. A major turning point in the history of this country is the Chaco War. This took place from 1932 to 1935. This was a war between Paraguay and Bolivia over a region that was known for being rich in oil. Paraguay defeated Bolivia which cost the lives of many Bolivians and the oil rich territory. The conflict also discredited their government. From 1941 to 1964 the Nationalist Revolutionary Movement, or MNR along with President Paz Estenssoro were the government figures that ruled Bolivia. This movement was the most important political party during the 20th century. This political party started out as a leftist/reformist party but has since moved sharply to the right. From 1965 to 2005 Bolivia struggled with electing a president that would be good for economy until they elected President Evo Morales. During the 1900’s indigenous people were not treated like they were citizens of Bolivia. Their living conditions were deplorable and they were forced to work under primitive conditions in the mines and on estates. They were also denied access to education, economic...
Words: 1069 - Pages: 5
...Transparency International Corruption Perceptions Index 2012 TRANSPARENCY INTERNATIONAL the global coalition against corruption Contents Introduction About the index Corruption Perceptions Index 2012 1 2 4 Transparency International seeks to provide reliable quantitative diagnostic tools regarding levels of corruption, both at the global and local levels. The Corruption Perceptions Index is one of Transparency International’s indices sponsored by Ernst & Young. 176 countries, 176 scores. How does your country measure up? Transparency International is the global civil society organization leading the fight against corruption. Through more than 90 chapters worldwide and an international secretariat in Berlin, we raise awareness of the damaging effects of corruption and work with partners in government, business and civil society to develop and implement effective measures to tackle it. www.transparency.org Every effort has been made to verify the accuracy of the information contained in this report. All information was believed to be correct as of December 2012. Nevertheless, Transparency International cannot accept responsibility for the consequences of its use for other purposes or in other contexts. ©2012 Transparency International. All rights reserved. Transparency International Corruption Perceptions Index 2012 1 About the index Corruption can happen anywhere. When politicians put their own interests above those of the public. When officials demand...
Words: 2294 - Pages: 10
...20 December, 2011 Contents Introduction Past relationship between Latin America and IMF How LAC could get out of IMF’s control Conclusion Introduction Latin America was a volatile region with a history of exceptionally high inflation rates, substantial macroeconomic instability, and a record of unsuccessful monetary and fiscal stabilizations. However, during the past decade, Latin America’s economy has strengthened their body and benefited from high exports, strong economic growth in its trading partners and good global financial conditions and domestic policies. All of this is related with international financial institutions and one of IFIs, International Monetary Fund had affected in currency perspective in the region. In this paper, I will search the changing relationship between Latin America and one of IFIs, IMF whose role is so involved with Latin America’s economy. The first session will explain the relevance between the region and IMF and in the following part, there will be the reasons that Latin America could escape from IMF’s control. Past relationship between Latin America and IMF The IMF was set up to assist countries that had temporary current account deficits and lacked a sufficient quantity of official reserve assets to support a fixed exchange rate. However, the slow motion collapse of the fixed exchange rate system in the 1970s created an odd situation for the IMF. At about the same time as the attempts to reconstruct the global system of fixed exchange...
Words: 3431 - Pages: 14
...------------------------------------------------- Free Trade Area of the Americas From Wikipedia, the free encyclopedia The Free Trade Area of the Americas logo The Free Trade Area of the Americas (FTAA) (Spanish: Área de Libre Comercio de América [ALCA], French: Zone de libre-échange de Amérique [ZLÉA],Portuguese: Área de Livre Comércio das Américas [ALCA], Dutch: Vrijhandelszone van Amerika) was a proposed agreement to eliminate or reduce the trade barriers among all countries in the Americas excluding Cuba. In the latest round of negotiations, trade ministers from 34 countries met in Miami, United States, in November 2003 to discuss the proposal.[1] The proposed agreement was an extension of the North American Free Trade Agreement (NAFTA) between Canada, Mexico, and the United States. Opposing the proposal were Cuba, Venezuela, Bolivia, Ecuador, Dominica, Nicaragua and Honduras (all of which entered theBolivarian Alternative for the Americas in response), and Argentina, Chile and Brazil. Discussions have faltered over similar points as the Doha Development Round of World Trade Organization (WTO) talks; developed nations seek expanded trade inservices and increased intellectual property rights, while less developed nations seek an end to agricultural subsidies and free trade in agricultural goods. Similar to the WTO talks, Brazil has taken a leadership role among the less developed nations, while the United States has taken a similar role for the developed nations. Free...
Words: 1456 - Pages: 6
...South America GEA1000 Josslen Leonard South America GEA1000 Josslen Leonard...
Words: 1693 - Pages: 7
...Policy and Analysis Division (DPAD) of the Department of Economic and Social Affairs of the United Nations Secretariat (UN/DESA). It is based on information obtained from the Statistics Division and the Population Division of UN/DESA, as well as from the five United Nations regional commissions, the United Nations Conference on Trade and Development (UNCTAD), the United Nations World Tourism Organization (UNWTO), the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation and Development (OECD), and national and private sources. Estimates for the most recent years were made by DPAD in consultation with the regional commissions, UNCTAD, UNWTO and participants in Project LINK, an international collaborative research group for econometric modelling coordinated jointly by DPAD and the University of Toronto. Forecasts for 2014 and 2015 are primarily based on the World Economic Forecasting Model of DPAD, with support from Project LINK. Data presented in WESP may differ from those published by other organizations for a series of reasons, including differences in timing, sample composition and aggregation methods. Historical data may differ from those in previous editions of WESP because of updating and changes in the availability of data for individual countries. Country classifications For analytical purposes, WESP classifies all countries of the world into one of three broad categories: developed economies, economies in transition and developing economies...
Words: 2356 - Pages: 10
...Economy and Society Volume 37 Number 2 May 2008: 193Á223 Regional trade agreements and the pursuit of state interests: institutional perspectives from NAFTA and Mercosur Francesco Duina and Jason Buxbaum Abstract Are regional trade agreements (RTAs) carefully crafted projects that systematically advance their member states’ interests or do they instead generate outcomes that frustrate those interests? Works on the most prominent RTA Á the European Union Á have traditionally been split over this question. New research on international organizations parallels that literature. Combining rational choice and historical institutionalism, this article makes a middle-ground case: the limited rationality of national representatives and the complexity of RTAs ensure both the advancement and frustration of national interests. The focus is on shifting national preferences, the unpredictable implications of decisions over time and the pursuit of short-term gains to the benefit of some constituents but not others. Evidence from NAFTA and Mercosur supports these claims while highlighting, in line with recent scholarship, the need to include politics in institutionalist accounts of integration. The conclusion reflects on the findings and explores whether alternative, more flexible designs for RTAs might satisfy more fully the interests of the member states. Keywords: regional trade agreements; rational choice institutionalism; historical institutionalism; NAFTA; Mercosur; international...
Words: 14563 - Pages: 59
...What are some of the elements that contribute to human trafficking around the world? 2. Which countries are mostly affected by Human Trafficking? 3. How can we be more aware ? This research paper will review current information that can shed light on what continues to fuel an epidemic that has earned its place as the third largest criminal enterprise. What are some of the elements that contribute to human trafficking around the world? As a means to identify what some of the elements are that contribute to Human Trafficking at a global scale, we can assume that countries’ individual prevention efforts reflect the key issues that they are encountering with Human Trafficking. As we take a look at Asian Pacific countries like Thailand; cultural values, extreme poverty and lack of agricultural resources tend to drive their prevention efforts indicating the countries key elements of concern. Programs developed in Thailand are...
Words: 1123 - Pages: 5
...Richard Harrington Summer 2012 GOVERNMENT CRIME Human rights are rights unequivocally inherent to all human beings, whatever our basic nationality, sex, national or ethnic origin, color, religion, or any other status. We are all entitled to our human rights without discrimination. Government exposure of political crimes and human rights violations have been in the forefront of the media in the last half-century, and the United States has always assisted itself in its own interests. For the past decade the United States has been a global power and presence and most other countries are not. We are often called upon to engage in conflict situations like preventing violations of Human Rights and Genocide. It seems the United States only intervenes when our nations interests is concerned, and only brings negative reactions which severely undermines our effectiveness and especially our international credibility.“ American leadership must be commensurate with U.S. interests and the nature of the challenges facing the county. The United States should not take the lead on every issue or assume that every problem in the world demands a U.S. response. In the majority of cases, the United States should “lead from behind” or from the side, or sitting in front but rarely by itself”. (Foreign Affairs, Zenko & Cohen, Vol. 91 No. 2.) Universal human rights are often expressed and guaranteed by law, in the legal forms of treaties, customary international law, general principles...
Words: 1820 - Pages: 8
... ET AL . Conclusion: Knowledge and Skills for Professional Practice Tim W. Clark Yale School of Forestry & Environmental Studies, Institution for Social and Policy Studies at Yale, Northern Rockies Conservation Cooperative Murray B. Rutherford Yale School of Forestry & Environmental Studies, Northern Rockies Conservation Cooperative Kim Ziegelmayer Yale School of Forestry & Environmental Studies Michael J. Stevenson Yale School of Forestry & Environmental Studies Most professionals beginning their careers in species and ecosystem conservation conceive of their future work in terms of hands-on tasks in the field (“doing something important in the real world”). Whether on the domestic or the international scene, typically the forester sees themselves laying out timber sales, the fisheries biologist looks forward to surveying streams, and the range specialist expects to be classifying grasslands. Current curricula in most universities largely mirror this common view. We train future foresters to address logging problems in the Pacific Northwest or in the tropics, or conservation biologists to design a reserve or study an endangered species. But in actual practice, most professionals spend only part—and sometimes a small part—of their time attending to technical tasks in the field. Professionals, over a career or a lifetime, participate in many activities well beyond fieldwork, and there is much more to building a successful professional practice today than skills...
Words: 11915 - Pages: 48
...23, 2013 Dr. Belay Seyoum Table of Contents Introduction……………………………………………………………… Summary……………………………………………………………….. International Trade International Trade Barriers Trade US – Latin America Analysis/Implications………………………………………………….. Conclusion………………………………………………………………. Reference…………………………………………………………………. Introduction There are currently promotional agreements just passed congressional signature that is an integral part of our current presidential team agenda to increase opportunity for American businesses, farmers and workers to expand and improve access to foreign trade with Latin America. There are three agreements. One specific to Panama, one to Korea and one to Columbia. The purpose of this paper will focus on the pending Columbia and Panama trade agreements and the purpose of the Latin America trade coalition that is supporting this trade. Summary International Trade International trades along with investment are fundamental in our everyday lives. The food we eat, the cars we drive, the clothes we wear, and even the fuel in our vehicles are all factors of international trade. Many of our jobs here in the US are dependent on imports and exports. International trade is imports and exports. The definition of International Trade in Business Dictionary is “The exchange of goods or services along international borders. This type of trade allows for a greater competition and more competitive pricing in the market. The competition...
Words: 1447 - Pages: 6
