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91. Chile/Argentina — Economic Fallout

Publication Date:
12-2001
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
This week's piece examines the impact of Argentina's economic difficulties on Chilean firms. As well as its macroeconomic impact in Chile, reflected principally in currency volatility and a reduction of capital inflows, the Argentine crisis is affecting Chilean firms with investments in or exports to Argentina. It will also have an impact on Chile's tourist industry. Following the exit of many Chilean firms from Argentina over the last two years, those that remain are either in export sectors or have a long-term strategy under which they appear willing to ride out the present crisis. However, many will sustain short-term losses and some smaller investors, particularly in consumer sectors, may be forced out of the market.
Topic:
Economics, International Trade and Finance, and Politics
Political Geography:
Argentina, South America, and Chile

92. Argentina — Federal Stand-Off

Author:
Caspar Fithin
Publication Date:
06-2001
Content Type:
Policy Brief
Institution:
Oxford Analytica
Abstract:
Opposition Peronist party governors and trade unions this week broke off institutional dialogue with the federal government over recent economic measures and pending debts. The fourteen governors in question, their minds on mid-term legislative elections, believe that the political cost of supporting the government will be greater than the cost of being seen to scupper its initiatives, and that opposition constitutes a more effective means of pressing their demands. Their decision puts the prospects for Argentina's economic recovery at risk. The Peronist governors' decision to distance themselves from the government both reflects and compounds the weakness of the federal administration. While their new approach to force concessions from the government could ease social problems in the short term, there is a danger that it will do so at the expense of economic recovery and political stability in the longer term.
Topic:
Economics, Government, Political Economy, and Politics
Political Geography:
South America

93. Urban Violence in São Paulo

Author:
Nancy Cardia
Publication Date:
03-2000
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
Today homicide is the highest cause of death of young people in Brazil. Nancy Cardia, senior researcher at the University of São Paulo's Center for the Study of Violence, examines urban violence in São Paulo arguing that violence has become a major public health problem.
Topic:
Conflict Resolution, Development, Economics, Human Welfare, and Industrial Policy
Political Geography:
South America and Latin America

94. Governance, Urban Environment, and the Growing Role of Civil Society

Author:
María Elena Ducci
Publication Date:
03-2000
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
In urban areas in developing countries, the current experience indicates that well organized and well-informed citizens have become the best motors for positive change within cities and it is the state that has fallen out of touch, in spite of constant declarations about the importance of citizens' participation. María Elena Ducci explains how in Latin America, the urban social movements that focused on the fight for land and housing from the sixties to the eighties today have become citizens' groups seeking to maintain and improve quality of life. Once again, territory has become the focus for city inhabitants who are discovering new ways of being social and becoming the political protagonists of their own lives in the city. According to Ducci, the dynamic of urban politics is changing as these new players—the citizens' groups that are defending their urban environment—come to the fore with enormous strength and energy. They oppose and block public and private urban projects of enormous scope, which raises costs and lengthens time frames for the companies involved. This paper focuses on how these groups, which demand a better quality of life and more equality, are working in an increasingly globalized and polarized city.
Topic:
Civil Society, Economics, Environment, Government, and Industrial Policy
Political Geography:
South America and Latin America

95. The 'Labour Question' in Nineteenth Century Brazil: Railways, Export Agriculture and Labour Scarcity

Author:
Lucia Lamounier
Publication Date:
10-2000
Content Type:
Working Paper
Abstract:
This paper examines changing patterns of labour relations in nineteenth-century Brazil associated with the building of railways and expansion of export agriculture. It addresses the 1850s-1880s period, decades when the `labour question' became a pressing issue for contemporaries. The extinction of the trans-Atlantic slave trade in 1850 posed the problem of finding alternative supplies of labour at a time of increasing agro-export production. In 1852 effective action to start the building of railways was taken. As part of efforts to improve conditions in the sugar and coffee sectors, several concessions were approved. From the middle of the century through to the 1870s, the expansion of coffee cultivation and railway construction were closely inter-related phenomena in the southern provinces of Brazil and shaped the debate about labour. The 1870s was a key decade. First, these years witnessed a `railway mania' - a great fever of building new lines and branches in various regions of the country, especially in the new coffee districts. Second, concern about the labour question intensified with the approval in 1871 of the Rio Branco Law which provided for the gradual emancipation of slaves. From then until 1888, when slavery was finally abolished, several policies were implemented trying to solve the problem of labour supply and to set new patterns of labour relations. This involved the arrival of thousands of immigrants in the 1880s, imported with government aid, to support the near-continuous expansion of coffee cultivation.
Topic:
Economics, Industrial Policy, and International Trade and Finance
Political Geography:
Brazil and South America

96. Reducing Urban and Industrial Pollution in Chile

Author:
Joseph M. Lieberson, Mark G. Hodges, and Gene M. Owens
Publication Date:
12-2000
Content Type:
Working Paper
Institution:
United States Agency for International Development
Abstract:
In Chile's capital of Santiago, the summer sun rises over a hazy, smog-filled sky. The sky darkens as the day progresses and often turns a light brown. In winter, air quality is even worse, and visibility drops sharply. A ring of mountains and thermal inversions trap pollution in a choking cloud over the city. But the mountains and air currents are not the whole problem. Twenty years ago the air was relatively clean. That was before economic growth accelerated sharply. A rapid increase in industrial production and a major increase in truck, bus, and automobile traffic are all pumping pollutants into the air. The result is a high level of respiratory problems, sickness, and premature death.
Topic:
Economics, Environment, Human Welfare, and Science and Technology
Political Geography:
South America, Latin America, and Chile

97. Colombia Alert: U.S. Counternarcotics Policy Toward Colombia

Author:
Myles Frechette
Publication Date:
02-2000
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
More than 80 percent of the cocaine in the United States comes from Colombia. Substantial amounts of the heroin seized in the United States are also from Colombia. For the United States the impact of illegal drugs is devastating, not only in terms of human misery and lives lost, but also the billions it costs to combat this illegal trade; house the prison population of drug offenders; to provide health care to drug users; and sustain the loss of productivity in the economy. One estimate puts the dollar cost at $100 billion a year. This is a staggering amount, even in an $8 trillion economy. The cost to Colombia, however, is disproportionately higher. Consider the corruption and economic distortion $5 billion of illicit profits causes in Colombia, whose GDP is about $90 billion.
Topic:
Foreign Policy, Civil Society, and Economics
Political Geography:
United States, Colombia, South America, and Latin America

98. A Dollarization Blueprint for Argentina

Author:
Steve H. Hanke and Kurt Schuler
Publication Date:
03-1999
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
President Carlos Menem of Argentina has advocated replacing the Argentine peso with the dollar. Dollarization would benefit Argentina because it would eliminate the peso-dollar exchange-rate risk, lower interest rates, and stimulate economic growth.
Topic:
Economics and International Political Economy
Political Geography:
Argentina, South America, and Latin America

99. Transcript: World Economic Update III

Author:
Daniel K. Tarullo, John Lipsky, Arturo Porzecanski, and Bruce Steinberg
Publication Date:
05-1999
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
Mr. Daniel K. Tarullo (Linda J. Wachner Senior Fellow for U.S. Foreign Economic Policy, Council on Foreign Relations): ...(Joined in progress) In the past World Economic Update sessions, we have not paid quite as much attention to Latin America, and in light of recent developments, it seems in need of some attention. We are pleased to have with us this morning three distinguished panelists: to your far right, John Lipsky, the chief economist at Chase Manhattan; sitting next to me, Arturo Porzecanski, the managing director at ING Barings and the Americas chief economist; and then to your far left, Bruce Steinberg, chief economist at Merrill Lynch.
Topic:
Economics
Political Geography:
United States, Asia, South America, Latin America, Central America, and North America

100. Challenging Traditional Participation in Brazil: The Goals of Participatory Budgeting

Author:
Pedro Jacobi
Publication Date:
06-1999
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
Using the mechanism of “participatory budgeting” implemented in the city of Porto Alegre, Pedro Jacobi analyses a new practice of resource allocation in several Brazilian urban areas. He comes to the conclusion that participatory budgeting is an effective tool in the democratization of the city's management— helping to break old patterns of clientelist relations. According to Jacobi, the new mechanism promotes decentralization of municipal decision-making and increases public control over the city's investment policies.
Topic:
Economics, Human Welfare, and Industrial Policy
Political Geography:
South America and Latin America