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4751. Geography, Markets, Resources, and Development: The Assets of the Americas Revisited

Author:
L. Ronald Scheman
Publication Date:
07-2001
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
In May 1996, the price of copper crashed from US$2,600 to $1,775 per ton. The Sumitomo Corporation of Japan acknowledged unprecedented losses of $2.6 billion from unauthorized trading by its chief copper trader, one of the faceless manipulators of the international commodities markets, Yasuo Hamanaka. Among the major banks caught in this modern variation of the Ponzi scheme were J.P. Morgan and the London Metal Exchange. Chile, whose economy was highly dependent on income from the commodity, was quickly and painfully reminded that the highly leveraged markets on which it depended, even in the hands of the most reputable institutions, are fragile and subject to unexpected forces beyond its control. Copper prices began a downward spiral, and they have not yet recovered.
Topic:
Development, Environment, and International Trade and Finance
Political Geography:
United States, America, and Caribbean

4752. Lessons on Sustainable Development from Costa Rica's Forests

Author:
Eduardo Silva
Publication Date:
05-2001
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
Costa Rica enjoys a reputation as a peaceful, democratic, and equitable Central American country with a strong commitment to nature protection. Government environmentalism began with a focus on nature preservation during the administration of Daniel Odúber (1974-1978), the presidential father of the national parks system. Under President Oscar Árias (1986-1990), Costa Rica's leaders became aware that responses to the problems of environmental protection versus development required more than the creation of national parks. Since then, they have worked tirelessly to weave the norms and principles of the concept of sustainable development into their nation's policies and institutional framework. Costa Rica's institutional and programmatic innovations have turned it into a laboratory for sustainable development, especially with respect to the forest. It is seen as a leader and pioneer in community forestry, bioprospecting, green taxes, carbon emissions trading, and administrative decentralization in the management of protected areas. As occurs with all trailblazers, Costa Rica's efforts to implement a policy of sustainable development raise a number of questions. What trade-offs have the forest and biodiversity conservation policies of the 1990s generated with respect to the different components of sustainable development? Are the measures adopted likely to be successful? How were those policy choices made? By what means can the components of sustainable development that have been neglected be incorporated, especially those related to livelihood? This paper will address these questions
Topic:
Development, Economics, and Environment
Political Geography:
Central America

4753. When Democracy Isn't All that Democratic: Social Exclusion and the Limits of the Public Sphere in Latin America

Author:
Philip Oxhorn
Publication Date:
04-2001
Content Type:
Working Paper
Institution:
The North-South Center, University of Miami
Abstract:
During much of the 1970s and 1980s, the principal political struggles throughout Latin America revolved around the creation of democratic political regimes based on the right to vote. Now that this right has been effectively established in virtually every country of the region, 1 the limits of political democracy as traditionally defined are becoming increasingly apparent (Oxhorn and Ducatenzeiler 1998; Agüero and Stark 1998; Chalmers et al. 1997). These countries are indisputably political democracies, yet the quality of democratic rule leaves much to be desired. Recent studies of the democratic deficits in Latin America have focused on a variety of dimensions (including extremes of economic inequality, poverty, growing levels of criminality, limits on citizenship rights, the weakness of civil society, problems of representation, and the weakness of political parties, among others)
Topic:
Democratization, Development, and Government
Political Geography:
Latin America and Caribbean

4754. Lovely but dangerous: The impact of patent citations on patent duration

Author:
Per Botolf Maurseth
Publication Date:
03-2001
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
What is the impact of patent citations on patent renewal behaviour? Patent citations are commonly used as an indicator of technology spillovers. For cited patents therefore, patent citations have a potentially ambiguous impact. On the one hand, patent citations may indicate a scientific breakthrough, a high value of the cited patent and therefore a long survival period. On the other hand, patent citations may indicate competing innovations that render the cited patent obsolete. By discriminating patents by technology field, it is demonstrated that patents that receive citations across technology fields survive longer than other patents. Patents that receive citations within the same technology field lapse earlier.
Topic:
Development, International Trade and Finance, and Science and Technology
Political Geography:
Europe

4755. Recent Advances in Growth Theory. A Comparison of Neoclassical and Evolutionary Perspectives

Author:
Per Botolf Maurseth
Publication Date:
05-2001
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
Research on economic growth has experienced remarkable progress the last decade. The neoclassical perspective has benefited from development of new mathematical methods and new approaches to market structure, economics of scale and spillover effects. At the same time evolutionary theories on economic development have appeared, partly competing but also complementary to neoclassical theorising. In this paper, the development of the two perspectives on economic growth is reviewed and they are compared with each other. Despite evident differences there seems to be convergence between the two traditions. The two perspectives therefore do not belong to different paradigms in the Kuhnian sense and they can hardly be categorised as two isolated research programmes in the sense of Imre Lakatos. Evolutionary and neoclassical growth economics draw inspiration from similar sources, they are overlapping and to some extent complementary. The two traditions also interact with each other.
Topic:
Development, Economics, and International Trade and Finance
Political Geography:
Europe

4756. On the Choice of Appropriate Development Strategy: Insights from CGE Modelling of the Mozambican Economy

Author:
Finn Tarp and Tarp Jensen Henning
Publication Date:
12-2001
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper makes use of a 1997 computable general equilibrium (CGE) model to analyse three potential strategies that Mozambique can pursue unilaterally with a view to initiating a sustainable development process. They include (i) an agriculture-first strategy, (ii) an agricultural-development led industrialization (ADLI) strategy, and (iii) a primary-sector export-oriented strategy. The ADLI strategy dominates the other development strategies since important synergy effects in aggregate welfare arise from including key agro-industry sectors into the agriculture-first development strategy. Moreover, the ADLI strategy can be designed so it has a relatively strong impact on the welfare of the poorest poverty-stricken households, and still maintain the politically sensitive factorial distribution of income.
Topic:
Agriculture, Development, and Human Welfare
Political Geography:
Africa

4757. Privatization and the Distribution of Assets in Brazil

Author:
Roberto Macedo
Publication Date:
07-2000
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
This paper focuses on the Brazilian privatization program undertaken in the 1990s, one of the largest in the world, as a result of which over US$71 billion worth of equity capital and US$17 billion of debt owed by the former state-owned enterprises (SOEs) were transferred to private owners, both at the federal and state levels.
Topic:
Development, Government, and Human Rights
Political Geography:
Brazil, South America, and Latin America

4758. The Greening of the World Bank: A Lesson in Bureaucratic Survival

Author:
James M. Sheehan
Publication Date:
04-2000
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The World Bank has a dismal environmental record that environmentalists have long condemned. Its lending policies have financed ecological destruction, human rights violations, and forced resettlement, and its projects have suffered from high failure rates, according to the bank's own criteria.
Topic:
Development, Environment, and International Organization

4759. Electronic Commerce in Developing Countries: Issues for Domestic Policy and WTO Negotiations

Author:
Catherine L. Mann
Publication Date:
03-2000
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
Electronic commerce and its related activities over the internet can be the engines that improve domestic economic well-being through liberalization of domestic services, more rapid integration into globalization of production, and leap-frogging of available technology. Since electronic commerce integrates the domestic and global markets from its very inception, negotiating on trade issues related to electronic commerce will, even more than trade negotiations have in the past, demand self-inspection of key domestic policies, particularly in telecommunications, financial services, and distribution and delivery. Because these sectors are fundamental to the workings of a modern economy, liberalization here will rebound to greater economic well-being than comparable liberalization in more narrowly focussed sectors. Thus, the desire to be part of the e-commerce wave can be a powerful force to erode domestic vested interests that have slowed the liberalization of these sectors.
Topic:
Development, Economics, Government, International Trade and Finance, and Political Economy

4760. The Carter Center News, July-December 2000

Publication Date:
07-2000
Content Type:
Policy Brief
Institution:
The Carter Center
Abstract:
The eyes of the world were fixed on recounts and judicial twists in the 2000 U.S. presidential election for weeks last fall. When the suspense finally lifted and a winner emerged, the experience left Americans wiser and more educated about their own democracy.
Topic:
Development, Environment, Human Rights, Migration, Science and Technology, and Third World
Political Geography:
United States and America